CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | IPSWICH, SUFFOLK | |||||||
| Category: | A | |||||||
| Investor Profile | Pension, Retirement, University, Business and Cash&Equity | |||||||
| Population aged 15+: | 100,126 | |||||||
| Actual | National Average | |||||||
| Percentage Class ABC1: | 42% | 44% | ||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 18 | 1 | 6 | 5 | ||||
| Yield Range: | 4.5% - 9.3% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Flats&maisonettes | 46,400 | 69,600 | 83 | 112 | 8.4% | 9.3% | ||
| Terraced | 56,800 | 85,200 | 97 | 132 | 8.1% | 8.9% | ||
| Semi-detached | 83,200 | 124,800 | 124 | 167 | 7.0% | 7.8% | ||
| Detached | 156,000 | 234,000 | 150 | 203 | 4.5% | 5.0% | ||
| Valuations above the national average by: | 0% | |||||||
| Actual | National Average | |||||||
| Capital growth last 12 months: | 13% | 18% | ||||||
| Capital growth last 4 years: | 95% | 74% | ||||||
| Large employers in the area: | Ipswich Hospital, Royal & Sun Alliance, AXA Insurance, BTexact technologies, Corning Research, UCL, Textron Turfcare, CompAir UK Ltd, Celestion International, Bull Electric, Crane, Cerro (MB) and Manganese Bronze Components Ltd | |||||||
| Demand For Letting: | Good | |||||||
| Average void period: | 2 week | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 7 | 3 | 4 | |||||
| Summary: | Great yields and good communications. | |||||||
| Description: | Ipswich is the closest city for nearly half a million people which makes it a major city when talking within catchment terms. Unemployment is lower than the average and there are two hi-tech business parks – IP City & Adastral Park, both rapidly expanding providing further jobs. There has been a trend of call centres locating to Ipswich by some of the large financial and insurance companies which further keeps the unemployment rate down. Ipswich is in a prime location on the trans-European Transport Network, connecting the UK and the Benelux countries. These routes constantly improve and are heavily invested in to enhance their key role in the European Union - which we will see pay off in later years. A £20 million investment has been made for the Cardinal Park leisure development incorporating an 11-screen UGC cinema complex, Brannigan's Music Bar, night-club, casino and restaurants, all just five minutes walk from the town centre and the historic waterfront. Since 1999 over £4m has guaranteed from the Single Regeneration Budget and from the English Partnerships for residential and business development. | |||||||
| Mainline railway station: | One hour 15 minutes to Liverpool Street, London | |||||||
| Road Access: | Main access routes A14 & A12 82 miles north east of Central London 50 miles to M25 & M11 | |||||||
| Local Newspaper | Ipswich Evening Star 01473 230023 | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| David Brown & Co | 8-10 Falcon Street Ipswich Suffolk IP1 1SL | 01473 222266 | ||||||
| Woodcock & Son | 16 Arcade Street Ipswich Suffolk IP1 1EP | 01473 233355 | www.woodcockandson.co.uk | |||||
| Colin Gerling & Co | 19a – 21 Great Colman Street Ipswich Suffolk IP4 2AN | 01473 252555 | ||||||
| Frost & Partners | 76 High Street Hadleigh Ipswich Suffolk IP7 5EF | 01473 823456 | www.frostandpartners.co.uk | |||||
| Fenn Wright | 1 Buttermarket Ipswich Suffolk IP1 1BA | 01473 232700 | www.fennwright.co.uk | |||||
| Goddard & Co | 12 Old Foundry Road Ipswich Suffolk IP4 2AS | 01473 254676 | ||||||
| William H Brown | 25 Queen Street Ipswich Suffolk IP1 1SW | 01473 226101 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Goddard & Co Rentals | Old Foundry Rd Ipswich Suffolk IP4 2AS | 01473 216412 | ||||||
| Strutt & Parker | 4, Upper King St Norwich Norfolk NR3 1HA | 01473 214841 | www.struttandparker.com | |||||
| J S M Property | 36-38, Queen St Ipswich Suffolk IP1 1SS | 01473 214441 | www.jsmproperty.com | |||||
| Seatons | 4, Great Colman St Ipswich Suffolk IP4 2AD | 01473 289444 | www.seatons.com | |||||
| Pennington Chartered Surveyors | 10, Crown St Ipswich Suffolk IP1 3LD | 01473 214343 | www.pennington-online.co.uk | |||||