Spring Road, Ipswich, Suffolk, IP4
PA

Spring Road, Ipswich, Suffolk, IP4

By Palmer & Partners

£ 150,000

Reviews

2 out of 5 stars

Palmer & Partners says ..

This two bedroom mid terrace house is situated towards the popular east side of Ipswich close to the town centre and waterfront and falling within the Northgate School catchment (subject to availability). This character property does require a complete renovation throughout including new bathroo...

Property Oracle says ..

This two-bedroom terraced house on Spring Road in Ipswich, Suffolk presents a mixed investment opportunity. The location is a key strength, being relatively close to Ipswich town centre and waterfront, as well as having primary schools nearby. This makes the property attractive to families and those seeking urban convenience. The presence of a small rear garden, although currently unkempt, adds some value. However, the property is in considerable need of renovation. The provided photographs reveal substantial damage to walls and floors, along with dated fixtures and fittings throughout. A potential buyer would need to factor in extensive refurbishment costs before the property can be made habitable. This impacts the overall investment potential. The listing price of £150,000 aligns with other comparable properties in the area, taking into account the need for renovation. While the property holds potential, a detailed survey and cost analysis of renovation are crucial before making an investment decision. The absence of precise square footage data for comparable properties and of this property itself makes a definitive assessment difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
640.45

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
570,435.00 £
Increased by 16.78 %
from 488,470.00 £
Est sale value
367,618.30 £
Increased by 21.35 %
from 302,932.85 £
Average area rental value
1,562.00 £/mo
Increased by 10.39 %
from 1,415.00 £/mo
Est letting value
640.45 £/mo
Unchanged by 0.00 %
from 640.45 £/mo
Est rental Yield
3.29 %
Decreased by 5.46 %
from 3.48 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Palmer & Partners marked this listing as sold.

  • Palmer & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Clifford Road Primary School & NurseryCommunity SchoolGood0.34 KM
St Mary'S Catholic Primary School, IpswichAcademy Converter0.51 KM
St Helen'S Primary SchoolAcademy ConverterGood0.86 KM
Suffolk New CollegeFurther EducationRequires improvement0.97 KM
Learning Support, Southern Area Education OfficeMiscellaneous1.16 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Nursery Gardens £ 235,00000.00 KM
Gladstone Road £ 190,00000.00 KM
Warwick Road £ 240,00000.00 KM
Bank Road £ 270,00000.00 KM
Russet Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby Road (Ipswich)7212DBR1.28 KM
Westerfield7226WFI2.77 KM
Ipswich7217IPS3.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spring Road, Ipswich, Suffolk, IP4 £ 150,000BUY5 / 100.00 KM
Spring Road, Ipswich £ 225,000BUY7 / 100.04 KM
Finbars Walk, Ipswich £ 200,000BUY7 / 100.20 KM
Alexandra Road, Ipswich, Suffolk, IP4 £ 280,000BUY6 / 100.20 KM
Bartholomew Street, Ipswich £ 235,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
76 Spring Road £ 299,0000.02 KM
106 Spring Road £ 250,0000.02 KM
102 Spring Road £ 235,0000.02 KM
112 Spring Road £ 125,0000.02 KM
68 Spring Road £ 141,5000.02 KM