25 Stevenson Road, Ipswich, Suffolk IP1 2EY

Description

Three-bedroom semi-detached property conveniently located within a short walk of Ipswich town centre. Situated west of Ipswich town centre and a short walk from Ipswich train station, this well-presented three-bedroom semi-detached character property dates from the late 1800s. Set on a good-sized plot, it offers off-road parking, a delightful walled rear garden, high ceilings and a wealth of period features. Offered with no onward chain, the property also benefits from a cellar.

Accommodation

Two reception rooms, kitchen and bathroom on the ground floor, with three bedrooms and a separate dressing room/study upstairs. The property also benefits from a cellar.

Location

Situated west of Ipswich town centre and a short walk from Ipswich train station.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-road, same-type freehold sale at £340,000 in March 2021, supported by an older £265,000 sale in July 2016. A current valuation cannot be confirmed because the comparables are dated and no floor areas, condition details or current market evidence are supplied. An indicative evidence-based range is £265,000–£340,000, with a midpoint scenario of £302,500. The £160,000–£180,000 guide is materially below this historic comparable range, but buyer fees, unknown disbursements and any works must be allowed for.

Investment Snapshot

Strategy Recommendation

Proceed only after legal-pack, building-condition and current valuation checks. Do not underwrite as BTL or BRRR without reliable rent and works evidence; the low guide may offer potential value, but the evidence is insufficient to set a defensible bid ceiling.

Works Required

No specific defects or refurbishment requirements are evidenced; the property is described as well-presented. Allow for inspection and maintenance assessment of the kitchen, bathroom, cellar, period features, roof/building fabric, services and EPC position before bidding, without assuming any remedial works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the midpoint GDV scenario of £302,500, 75% refinance would be approximately £226,875. However, refurbishment costs, finance costs, purchase price achieved and total acquisition costs are not evidenced, so cash left in and refinance viability cannot be calculated reliably.

Buy-to-Let Analysis

BTL underwriting cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Gross rent and yield are therefore unknown. The £1,500 buyer premium and £1,200 admin charge are known, while further disbursements may apply.

Flip Analysis

The historic same-road evidence indicates potential value uplift against the guide, but it does not establish a current resale value. A flip appraisal cannot be completed without verified current GDV, works, finance, selling and other project costs; estimated flip surplus is therefore not supported.

Investor Risks & Due Diligence

• Dated comparable evidence may not represent current market value.

• No sufficiently specific rental evidence is available, so rental yield cannot be established.

• Condition and refurbishment costs are not quantified, including the cellar, services, kitchen, bathroom and period building fabric.

• Additional legal-pack disbursements and other purchaser costs may become payable.

• The final purchase price may be above the guide range at auction.

Recommendation

Proceed only after legal-pack, building-condition and current valuation checks. Do not underwrite as BTL or BRRR without reliable rent and works evidence; the low guide may offer potential value, but the evidence is insufficient to set a defensible bid ceiling.

Strategy Rating

Analysis Confidence

The property description, tenure, guide and two known buyer charges are supplied, but comparable sales are dated, there is no rental evidence, no quantified works schedule, no floor area and unknown legal-pack disbursements.