# 2 bedroom end of terrace house for rent (IP4 2NU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 21 PALMERSTON ROAD, IPSWICH, SUFFOLK IP4 2NU |
| Price | £1,200 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 90 m² |
| Last sold | £230,000 Dec 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 11/01/2036
- **Current heating cost:** £1,182/year
- **Est. upgrade cost to C:** £25,750

### Recommendations
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9329-3057-8209-8006-8204)

## Description

Austwick Berry are delighted to bring to the market this well-presented two-bedroom end of terrace home on the sought-after Palmerston Road. This charming property features two generously sized bedrooms, a spacious living room perfect for family occasions, and a separate dining room ideal for entertaining. The fully equipped bathroom boasts a stand-alone bath and a walk-in shower, adding a touch of luxury. Externally, the property benefits from an enclosed garden, providing a private outdoor space, and a driveway with enough space for two cars. Situated in a desirable location, this home is perfect for professionals, couples, or small families. Contact us today to arrange a viewing!

## Property Photos

- ![Main Picture](/listings/photos/159775043/435602) - Main Picture
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## Rental Range

*ONS Price Index of Private Rents (Ipswich). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £887/mo
- **Realistic:** £986/mo
- **Optimistic:** £1,085/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Ipswich (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £715/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Maude Street, IP3 | £1,350/mo | 2 | 0.61 miles | OpenRent |

**Average rent: £1,350/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,350/mo).*

- **Gross yield:** 1350%
- **Monthly cashflow:** £1,185/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4087.2%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £13/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)