2-bedroom flat · IP17 1GF
Listing removedListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stand alone first floor apartment occupies a cul de sac location and is conveniently located for access to the popular and sought after market town of Saxmundham.
The apartment is presented in good contemporary decorative order and offers light and airy accommodation with a good level of storage cupboards, seemingly ideal as a first time buy or as an investment and benefitting from gas fired central heating and sealed unit double glazing.
To appreciate this excellent property earliest viewing is strongly recommended.
The front door gives access to the entrance lobby with stairs up to the first floor landing with two useful built in storage cupboards.
The open plan living room/kitchen is an excellent room for day to day living.
It has double aspect windows and a well appointed kitchen area with a range of fitted floor, drawer and wall cupboards with worksurface having stainless steel one and a half bowl sink inset with tiled splashbacks, a gas hob with cooker hood over, built in oven, space for washing machine and dishwasher and space for fridge/freezer.
The master bedroom, a good double has an en-suite shower room with tiled shower cubicle with glazed door, pedestal wash basin and close coupled WC.
Bedroom 2, also capable of taking a double has a built in cupboard and there is a separate bathroom with panelled bath, shower mixer tap, pedestal washbasin and close coupled WC, cupboard housing gas fired boiler for central heating and hot water.
The apartment has a lockable single garage underneath.
LOCATION: Saxmundham offers an excellent range of local amenities including a Waitrose and Tesco supermarket, a Primary School and recently opened Free School.
There is a vibrant High Street and a Wednesday market together with art galleries, pubs and restaurants.
The attractions of the Suffolk Heritage Coast lie within convenient reach by car and include the world famous Snape Maltings Concert Hall which is home to the internationally renowned Aldeburgh Festival.
The seaside towns of Aldeburgh and Southwold lie within convenient reach by car and other attractions include nature reserves at Minsmere, Havergate Island and Shingle Street, ancient castles at Framlingham and Orford and golf courses at Aldeburgh, Thorpeness, Halesworth and Hinton.
The railway station at Saxmundham provides a regular service to London (Liverpool Street) via Ipswich.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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