72 Wallace Road, Ipswich, East Of England, IP1
LA

72 Wallace Road, Ipswich, East Of England, IP1

By Lambert Smith Hampton

£ 325,000

Reviews

2 out of 5 stars

Lambert Smith Hampton says ..

The property comprises an end terrace two storey residential dwelling, constructed from solid brick elevations and UPVC double glazed windows, all surmounted by a single pitched clay tiled roof. The property currently operates as a fully licensed HMO. To the rear of the property there is a lar...

Property Oracle says ..

This property at 72 Wallace Road, Ipswich, is a two-story end-terrace house currently operating as a fully licensed HMO. Its location in Whitehouse offers access to schools and transport links to Ipswich town centre. The exterior appears in reasonable condition, however the interior photos show some wear and tear and require some modernisation. The kitchen seems adequately functional. A significant consideration is the property’s use as an HMO; this significantly influences its value, as the income generated from multiple tenants could offset the price, making it potentially attractive to investors. Lack of details on the property’s size (sqft and plot size) and the absence of price per sqft data in the surrounding areas prevents a conclusive price-to-size comparison. The lack of bathroom and bedroom counts also limit a complete assessment. Potential buyers or investors should conduct a thorough inspection to assess the full condition and potential rental income in greater detail before making a decision.

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

Price
7
Condition
5
Location
7
Land
2
Bedrooms
0
Bathrooms
0

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Lambert Smith Hampton created the listing.

Nearby Schools

NameTypeOfstedDistance
Springfield Infant School And NurseryAcademy ConverterGood0.66 KM
Westbourne AcademyAcademy ConverterGood0.71 KM
Whitehouse Community Primary SchoolAcademy Converter0.85 KM
Springfield Junior SchoolAcademy Converter0.87 KM
Highfield Children'S CentreChildren's Centre1.08 KM

Images

Photo 1 Photo 2 Photo 3 Photo 4

Nearby Streets

NameAverage PriceAverage SqftDistance
Redhill Close £ 265,00000.00 KM
Arkwright Road £ 170,00000.00 KM
Wesley Way £ 195,00000.00 KM
Meredith Road £ 000.00 KM
Weaver Close £ 210,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Ipswich7217IPS2.95 KM
Westerfield7226WFI4.68 KM
Derby Road (Ipswich)7212DBR6.67 KM

Nearby Listings

AddressPriceScoreDistance
72 Wallace Road, Ipswich, East Of England, IP1 £ 325,0005 / 100.00 KM
Eustace Road, Ipswich £ 200,000Unknown0.14 KM
Wallace Road, Ipswich £ 185,0005 / 100.14 KM
Bramford Road, Ipswich, Suffolk, IP1 £ 230,000Unknown0.17 KM
Mumford Road, Ipswich, IP1 £ 290,000Unknown0.18 KM

Nearby Properties

AddressPriceDistance
76 Wallace Road £ 113,0000.03 KM
70 Wallace Road £ 175,0000.03 KM
104 Wallace Road £ 50,0000.03 KM
68 Wallace Road £ 59,9950.03 KM
54 Wallace Road £ 109,0000.03 KM