Siloam Place, Ipswich, Suffolk, IP3
Pennington Surveyors Limited logo

Siloam Place, Ipswich, Suffolk, IP3

By Pennington Surveyors Limited

£ 119,500

Reviews

2 out of 5 stars

Pennington Surveyors Limited says ..

ATTENTION INVESTORS! If you're looking for a great investment opportunity, this 2-bedroom ground floor apartment with no onward chain could be just what you're after. Currently achieving £750pcm (bringing in a yield of 7.2%) and situated close to the Marina and town centre, this well-propor...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Ipswich, Suffolk, is marketed as a potentially sound investment opportunity. Its location near the town centre and Marina is a significant advantage, providing easy access to amenities, transport, and educational institutions. The images suggest a reasonably clean and well-maintained apartment, although a full inspection is advisable. The lack of information regarding the exact size of the property and the details about outdoor space are noteworthy omissions that require clarification. The current rental yield of 7.2%, as mentioned in one listing, is a strong indicator for investors, potentially offsetting the property’s lack of detail about the square footage and exact external space. Considering the comparable listings in the area, the asking price appears to align with market value, but a precise assessment of value per square foot is impossible without that information. Potential buyers should carry out their own thorough inspections and due diligence before committing to a purchase.

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
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
2

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
234,999.00 £
Increased by 17.66 %
from 199,732.00 £
Average area rental value
1,012.00 £/mo
Decreased by 0.49 %
from 1,017.00 £/mo
Est rental Yield
5.17 %
Decreased by 15.38 %
from 6.11 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Pennington Surveyors Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of SuffolkHigher Education InstitutionsRequires improvement0.35 KM
Suffolk New CollegeFurther EducationRequires improvement0.46 KM
Learning Support, Southern Area Education OfficeMiscellaneous0.72 KM
St Helen'S Primary SchoolAcademy ConverterGood0.74 KM
Cliff Lane Primary SchoolAcademy ConverterRequires improvement0.88 KM

Images

Exterior Front Living Room Bathroom Bedroom Bedroom 2 Kitchen Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Helens Street £ 000.00 KM
Slade Street £ 000.00 KM
Argyle Street £ 000.00 KM
A1071 £ 179,99500.00 KM
Clench Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby Road (Ipswich)7212DBR1.82 KM
Ipswich7217IPS2.41 KM
Westerfield7226WFI3.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Siloam Place, Ipswich, Suffolk, IP3 £ 119,500BUY5 / 100.00 KM
Siloam Place, Ipswich, Suffolk, IP3 £ 115,000BUY5 / 100.01 KM
Siloam Place, Ipswich, Suffolk £ 130,000BUY6 / 100.01 KM
Siloam Place, Modus, IP3 £ 120,000BUY5 / 100.02 KM
Siloam Place, Ipswich, Suffolk £ 130,000BUY7 / 100.02 KM

Nearby Properties

AddressPriceDistance
20 Siloam Place £ 113,0000.00 KM
22 Siloam Place £ 119,0000.00 KM
24 Siloam Place £ 100,0000.01 KM
6 Siloam Place £ 135,0000.01 KM
38 Siloam Place £ 120,0000.01 KM