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See how verdicts work2-bedroom flat · IP19 8LT
For saleReduced £5k (−5.3%) on 25 OctListed 102 days
Opportunity summary
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About
Available in The Limes over - 60s complex is this well presented first floor two bedroom apartment overlooking the lovely communal gardens. Offered chain free.
Accommodation comprises briefly: - Communal entrance hall with stairs and a chair-lift - Well-fitted kitchen with many appliances - Excellent shower room - Large sitting room with a new balcony - Two bedrooms - Modern electric heating - Overlooking attractive communal gardens at the rear - Re-decorated throughout - Long lease - 24 hour care alarm service Property This light and airy apartment is situated in The Limes Complex, this over-60s development is made up of a variety of houses, flats and bungalows.
No.17 has a well fitted cream kitchen with a built-in electric hob and oven and a washer/drier.
There is a spacious sitting/dining room with sliding doors to a newly installed balcony, where you can sit and enjoy the view.
In the hallway there is a deep airing cupboard and a store/meter cupboard. The shower room has been re-fitted to provide a w.c. hand basin with a cupboard below and a shower cubicle.
There are two bedrooms the main bedroom has fitted wardrobes. The property is offered in excellent condition having been re-decorated throughout with modern thermostatic electric heating.
A communal garden room is available if residents wish to participate in various activities. Parking spaces in The Limes are not allocated to individual properties, but spaces are usually available.
The lease which is until the year 2980 is owned by The Limes Association Ltd, a company owned and managed by the leaseholders of the 30 properties at The Limes, all of whom own an equal share of the freehold.
A service charge of £325 per month is payable by each leaseholder and covers the cost of the management, all structural and defined external maintenance, building insurance, maintenance of the communal gardens and common areas including roads and pathways, external lighting and provision of a 24 hour call facility.
Location The property is within walking distance of the town's facilities. Halesworth provides many independent shops, public houses, cafés, restaurants, GP surgery, vets and a supermarket.
'The Cut' is the town's exceptional arts centre - converted from a former maltings - which offers a dynamic year-round programme of theatre, cinema, dance and exhibitions, plus art and fitness classes.
Also within walking distance is the train station with services to London Liverpool Street via Ipswich.
The unspoilt heritage coastline of Suffolk with the glorious beaches of Southwold, Dunwich and Walberswick are a 20-minute drive away. Services Electric thermostat controlled heating.
Mains water, drainage and electricity.
Local Authority: East Suffolk Council Tax Band: A Postcode: IP19 8LT EPC: D Leasehold: Until 2980 (954 years remaining) Maintenance/Service Charge: £325 per month Agents' Note The property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.
An age restriction of 60 years and over applies at The Limes. No pets are allowed.
Please ask the selling agents for further information regarding the application process and cost to apply to live in The Limes.
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.
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About The Limes, Halesworth
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