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See how verdicts work1-bedroom flat · IP12 1AN
For saleReduced £5k (−2.6%) on 25 OctListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly sought-after New Quay Court development in Melton, this superb one-bedroom ground floor apartment offers spacious and well-presented accommodation throughout, together with the rare benefit of a private patio opening directly onto beautifully maintained communal gardens.
Ideally positioned close to the historic waterfront town of Woodbridge, the property enjoys easy access to an excellent range of local amenities, independent shops, restaurants, riverside walks and leisure facilities.
The accommodation comprises a generous lounge with French doors leading onto the private patio area, a spacious fitted kitchen, a large master bedroom with built-in wardrobes, and a modern fitted bathroom featuring both a bath and separate shower cubicle.
Further benefits include electric storage heating, a security intercom entry system, allocated parking together with visitor parking, and attractive communal grounds.
Presented in good decorative order throughout, this delightful apartment would make an ideal first-time purchase, investment opportunity or retirement home in a desirable residential location.
Early viewing is highly advised. Leasehold. *Agents notes* Ground rent & maintenance charges is £1320 pounds/year. Leasehold.
Communal hallway Door to communal hallway, personal door to entrance hallway, airing cupboard, built in cupboard, wall mounted storage heater.
Bedroom 1 Double glazed window to front, fitted mirrored wardrobes, further wardrobe recess, wall mounted storage heater.
Bathroom Pedestal hand wash basin, panel enclosed bath with mixer taps, low level wc, luxury flooring, shower cubicle.
Lounge Double glazed french doors leading onto private patio, wall mounted storage heater. Open plan to kitchen.
Kitchen Double glazed window to rear overlooking communal gardens, sink and drainer with mixer taps set in work surfaces, further range of work surfaces, wall mounted cupboards, integrated hob/oven/extractor, space for fridge freezer, further wall mounted cupboards, space for washing machine, oven and extractor, wall mounted cupboards, spotlights.
Outside Allocated parking and visitor parking, own private patio area leading onto communal gardens.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About New Quay Court, Old Maltings Approach, Melton
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