2-bedroom flat · IP2 0EJ
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to let unfurnished is this Two bedroom apartment located on the outskirts of Ipswich town centre and within very close distance of Ipswich train station.
You enter through the front door of the property into a entrance hall with doors leading to all rooms and a storage cupboard. On the right is the spacious sitting/dining room opening into the kitchen.
In the kitchen there is a range of base and eye level units, electric oven with hob, stainless steel sink with drainer and spaces for further appliances.
There are two bedrooms, one large single and one good size double. Accommodation concludes with the family bathroom which is a white three piece suite.
The property further benefits from gas central heating, double glazed windows and permit parking as well as a visitor permit.
Important Information Letting information The rent is exclusive of utilities and council tax.
Deposit: £980.76 Availability: 15th December 2026 Some pets may not be allowed Non Smokers Council tax band B EPC rating C Services - We understand that mains water, drainage, electricity and Gas are connected to the property.
Broadband Availability - Standard, Superfast and ultrafast available (Ofcom Broadband Checker - October 2025).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – October 2026) Holding deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 116, Compair Crescent, Suffolk
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