# 8 bedroom town house for sale (IP2 8AB) ## Property Details | Key | Value | |-----|-------| | Address | 36 BURRELL ROAD, IPSWICH, SUFFOLK IP2 8AB | | Price | £300,000 | | Construction age | England and Wales: 1900-1929 | | Floor area | 157 m² | | Last sold | £376,000 Nov 2021 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Current heating cost:** £754/year - **Est. upgrade cost to C:** £14,500 ### Recommendations - W2 (£4,000 - £6,000) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9390-2242-1020-2800-5101) ## Description For sale by auction on 29/09/2021 at Live Broadcast Auction **Lot Number** 12 36 Burrell Road Ipswich Suffolk IP28AB **Guide Price:** £300,000 - £350,000 Sold for £376,000 This well- proportioned, recently converted, licensed eight bedroom HMO investment is situated within a stones throw of Ipswich Train station and close to the town Centre and Waterfront. Having recently undergone a complete and extensive conversion, all rooms are furnished to a high standard, with 4 of the rooms enjoying en-suite facilities with two shared kitchens, communal areas and shared bathroom to the remaining rooms. We understand that the building is registered with Ipswich Borough Council and is fully compliant with their standards. The property is being sold, with all 8 of the rooms currently occupied on 6-month AST tenancies. A high yielding investment with a current gross yield of £44,520 showing a solid 14.8% yield at Low Guide. Tenure: Freehold EPC: C Tenancy: All on 6 month AST from 2021 Current Yield: Bed 1 - £520 - Bed 2 - £520 Bed 3 - £520 - Bed 4 - £530 Bed 5 - £395 - Bed 6 - £395 Bed 7 - £410 - Bed 8 - £420 £3,710 pcm / £44,520 pa 14.8% YIELD FULLY TENANTED 8 BEDROOMS 4 ENSUITE ROOMS RECENTLY CONVERTED HIGH SPEC FITTINGS FLOOR PLAN ONLINE VIDEO TOUR ONLINE **Open viewings have been arranged for:** By appointment with the Auctioneers **Vendors Solicitors** Mr Andy Tawell Bates Wells & Braithwaite 29 Lower Brook Street Ipswich IP4 1AQ ## Property Photos - ![Photo](/listings/photos/113252753/620147) - ![Photo](/listings/photos/113252753/620156) - ![Photo](/listings/photos/113252753/620158) - ![Photo](/listings/photos/113252753/620161) - ![Photo](/listings/photos/113252753/620163) - ![Photo](/listings/photos/113252753/620165) - ![Photo](/listings/photos/113252753/620167) - ![Photo](/listings/photos/113252753/620169) - ![Photo](/listings/photos/113252753/620171) - ![Photo](/listings/photos/113252753/620172) - ![Photo](/listings/photos/113252753/620176) - ![Photo](/listings/photos/113252753/620184) - ![Photo](/listings/photos/113252753/620187) - ![Photo](/listings/photos/113252753/620192) - ![Photo](/listings/photos/113252753/620195) - ![Photo](/listings/photos/113252753/620197) - ![Photo](/listings/photos/113252753/620199) ## Floorplans - ![Floorplan 1](/listings/photos/113252753/620201) - Floorplan 1 ## FENSA Certificates This property has 2 FENSA certificate(s) on record. ### FENSA Certificate #14085839 - **Address:** 36 Burrell Road, IPSWICH, IP2 8AB - **Certificate Issued:** 28/06/2020 - **Work Completed:** 24/03/2020 - **Items:** 19 window(s), 3 door(s) ### FENSA Certificate #17118572 - **Address:** 36 Burrell Road, IPSWICH, IP2 8AB - **Certificate Issued:** 11/01/2026 - **Work Completed:** 10/12/2025 - **Items:** 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 36 BURRELL ROAD, IPSWICH, SUFFOLK, IP2 8AB | £376,000 | 01/11/2021 | Semi-detached | | 36 BURRELL ROAD, IPSWICH, SUFFOLK, IP2 8AB | £145,000 | 17/05/2019 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 88 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EQ | £215,000 | 28/11/2025 | Terraced | | 89 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EQ | £120,000 | 24/10/2025 | Terraced | | 18 PHILIP ROAD, IPSWICH, SUFFOLK, IP2 8BH | £170,000 | 24/07/2023 | Terraced | | 6 PHILIP ROAD, IPSWICH, SUFFOLK, IP2 8BH | £190,000 | 26/06/2023 | Terraced | | 31 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EH | £186,000 | 31/05/2023 | Terraced | | 25 MARTIN ROAD, IPSWICH, SUFFOLK, IP2 8BJ | £208,500 | 12/05/2023 | Terraced | | 18 SEYMOUR ROAD, IPSWICH, SUFFOLK, IP2 8EN | £220,000 | 16/02/2023 | Terraced | | 80 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EQ | £208,000 | 16/12/2022 | Terraced | | 35 MARTIN ROAD, IPSWICH, SUFFOLK, IP2 8BJ | £225,000 | 02/12/2022 | Terraced | | 14 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EH | £190,000 | 07/10/2022 | Terraced | | 50 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EQ | £195,000 | 27/09/2022 | Terraced | | 28 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EH | £260,000 | 15/09/2022 | Terraced | | 73 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EQ | £200,000 | 02/09/2022 | Terraced | | 35 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EH | £223,000 | 17/06/2022 | Terraced | | 55 BURRELL ROAD, IPSWICH, SUFFOLK, IP2 8AH | £245,000 | 27/05/2022 | Terraced | | 34 PHILIP ROAD, IPSWICH, SUFFOLK, IP2 8BQ | £179,000 | 26/04/2022 | Terraced | | 165 BURRELL ROAD, IPSWICH, SUFFOLK, IP2 8AA | £187,500 | 14/04/2022 | Terraced | | 10 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EH | £195,000 | 01/04/2022 | Terraced | | 37 MARTIN ROAD, IPSWICH, SUFFOLK, IP2 8BJ | £205,000 | 18/02/2022 | Terraced | | 40 RECTORY ROAD, IPSWICH, SUFFOLK, IP2 8EQ | £165,000 | 31/01/2022 | Terraced | **Area average:** £199,350 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £189,939 (24 Terraced, IP2, 2024–2026) - **Deviation:** +57.9% ## 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).* ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 6 Bed Semi-Detached House, Burrell Road, IP2 | £2,500/mo | 6 | 0.06 miles | OpenRent | | 2 Bed Terraced House, Pauline St, IP2 | £950/mo | 2 | 0.27 miles | OpenRent | | 2 Bed Flat, Lower Brook Street, IP4 | £2,145/mo | 2 | 0.35 miles | OpenRent | | 2 Bed Flat, Holman Court, IP2 | £1,100/mo | 2 | 0.48 miles | OpenRent | | 1 Bed Flat, Tower Ramparts, IP1 | £900/mo | 1 | 0.61 miles | OpenRent | | 3 Bed Terraced House, Elliott Street, IP1 | £1,195/mo | 3 | 0.66 miles | OpenRent | | 2 Bed Flat, Firmin Close, IP1 | £1,450/mo | 2 | 0.66 miles | OpenRent | | 2 Bed Flat, Duke Street, IP3 | £895/mo | 2 | 0.66 miles | OpenRent | | 2 Bed Flat, Rope Walk, IP4 | £1,200/mo | 2 | 0.69 miles | OpenRent | | 2 Bed Flat, Rope Walk, IP4 | £1,500/mo | 2 | 0.69 miles | OpenRent | | 4 Bed End Terrace, Bulwer Road, IP1 | £1,600/mo | 4 | 0.78 miles | OpenRent | | 2 Bed Terraced House, Norwich Road, IP1 | £1,850/mo | 2 | 0.84 miles | OpenRent | | 2 Bed Semi-Detached House, Foxhall Road, IP3 | £1,200/mo | 2 | 0.99 miles | OpenRent | **Average rent: £1,422/mo (13 listings)** ## 1% Rule - **Rent ratio:** 0.4% (weak for cashflow) - **Max investor price (0.8%):** £150,000 - **Target investor price (1%):** £120,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,200/mo).* - **Gross yield:** 4.8% - **Cost-to-rent:** 20.8× - **Monthly cashflow:** £-126/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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:** £1,911/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 8.8% - **10y growth:** 17% ## House Price Index (HM Land Registry) *Official index for Ipswich; Terraced series; as of March 2026.* - **1y growth (index):** -4.2% - **5y growth (index):** 5.5% - **10y growth (index):** 33.8% ## 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)