6 St. Edmund House, Rope Walk, Ipswich, Suffolk, IP4 1NF
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6 St. Edmund House, Rope Walk, Ipswich, Suffolk, IP4 1NF

By Goldings

£ 50,000

Reviews

2 out of 5 stars

Goldings says ..

For sale by auction on Wednesday 25 September 2024 at Live Broadcast Auction Central Ipswich 2-Bed apartment... near Waterfront/Uni ideal BTL

Property Oracle says ..

This 2-bedroom, 3-bathroom apartment in Ipswich is listed for sale at auction for £50,000. The property is located on Rope Walk in the Alexandra locality of Ipswich and benefits from proximity to Suffolk New College and a few other schools. The photos indicate a modern and well-maintained interior, although the property itself is an apartment within a larger building, with no associated garden or land. Transport links to the town and other rail hubs appear adequate. While the asking price is significantly lower than other nearby properties it’s important to note it’s being sold via auction, which always introduces a degree of risk and uncertainty. Further investigation into potential auction fees and conditions of sale are needed. The lack of detailed square footage data for nearby properties slightly hinders an accurate comparative analysis. Therefore while the price appears attractive, potential buyers should consider the auction format and the lack of outdoor space before making a decision. Overall the property presents itself as a relatively affordable option with a decent location and modern interior, although prospective buyers should fully understand the implications of buying at auction. Due to the listing method and lack of external space prospective purchasers should proceed with caution.

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
7
Location
7
Land
1
Bedrooms
2
Bathrooms
3
Sqft (est)
1,006.43

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
577,690.82 £
Increased by 21.35 %
from 476,041.39 £
Average area rental value
1,562.00 £/mo
Increased by 10.39 %
from 1,415.00 £/mo
Est letting value
1,006.43 £/mo
Unchanged by 0.00 %
from 1,006.43 £/mo
Est rental Yield
3.29 %
Decreased by 5.46 %
from 3.48 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Goldings marked this listing as sold.

  • Goldings created the listing.

Nearby Schools

NameTypeOfstedDistance
Suffolk New CollegeFurther EducationRequires improvement0.11 KM
Learning Support, Southern Area Education OfficeMiscellaneous0.19 KM
St Helen'S Primary SchoolAcademy ConverterGood0.24 KM
University Of SuffolkHigher Education InstitutionsRequires improvement0.37 KM
St Margaret'S Church Of England Voluntary Aided Primary School, IpswichVoluntary Aided SchoolGood0.69 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Derby Road (Ipswich)7212DBR2.11 KM
Ipswich7217IPS2.26 KM
Westerfield7226WFI2.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. Edmund House, Rope Walk, IP4 £ 110,000BUY5 / 100.03 KM
Rope Walk, Ipswich, IP4 £ 140,000BUY5 / 100.05 KM
Rope Walk, Ipswich £ 150,000BUY5 / 100.06 KM
Rope Walk, Ipswich £ 180,000BUY6 / 100.07 KM
Rope Walk, Ipswich £ 180,000BUY9 / 100.07 KM

Nearby Properties

AddressPriceDistance
7 Grimwade Street £ 120,0000.13 KM
9 Grimwade Street £ 122,0000.13 KM
19 Grimwade Street £ 117,0000.13 KM
17 Grimwade Street £ 110,0000.13 KM
13 Grimwade Street £ 19,0000.13 KM