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 %
- Average area rental value
- 1,012.00 £/moDecreased by 0.49 %
- Est rental Yield
- 5.17 %Decreased by 15.38 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Pennington Surveyors Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| University Of Suffolk | Higher Education Institutions | Requires improvement | 0.35 KM |
| Suffolk New College | Further Education | Requires improvement | 0.46 KM |
| Learning Support, Southern Area Education Office | Miscellaneous | 0.72 KM | |
| St Helen'S Primary School | Academy Converter | Good | 0.74 KM |
| Cliff Lane Primary School | Academy Converter | Requires improvement | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St. Helens Street | £ 0 | 0 | 0.00 KM |
| Slade Street | £ 0 | 0 | 0.00 KM |
| Argyle Street | £ 0 | 0 | 0.00 KM |
| A1071 | £ 179,995 | 0 | 0.00 KM |
| Clench Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby Road (Ipswich) | 7212 | DBR | 1.82 KM |
| Ipswich | 7217 | IPS | 2.41 KM |
| Westerfield | 7226 | WFI | 3.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Siloam Place, Ipswich, Suffolk, IP3 | £ 119,500 | BUY | 5 / 10 | 0.00 KM |
| Siloam Place, Ipswich, Suffolk, IP3 | £ 115,000 | BUY | 5 / 10 | 0.01 KM |
| Siloam Place, Ipswich, Suffolk | £ 130,000 | BUY | 6 / 10 | 0.01 KM |
| Siloam Place, Modus, IP3 | £ 120,000 | BUY | 5 / 10 | 0.02 KM |
| Siloam Place, Ipswich, Suffolk | £ 130,000 | BUY | 7 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Siloam Place | £ 113,000 | 0.00 KM |
| 22 Siloam Place | £ 119,000 | 0.00 KM |
| 24 Siloam Place | £ 100,000 | 0.01 KM |
| 6 Siloam Place | £ 135,000 | 0.01 KM |
| 38 Siloam Place | £ 120,000 | 0.01 KM |