2-bedroom flat · IP18 6FA
To rentReduced £45 (−2.8%) on 9 OctListed 153 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A centrally located, modern and immaculately presented two bedroom, two bathroom apartment which has been finished to a very high standard.
This apartment has a south facing balcony off the sitting room with wonderful views toward Southwold Common. An additional monthly service charge is payable on top of the rent at a fee of £45pcm.
The apartment has gas fired central heating and underfloor heating in the bathroom and en suite. All white goods in the kitchen are included, otherwise the apartment is unfurnished.
It benefits from an entrance with intercom entry system which leads up from York Road and there is a common refuse area for bins on the ground floor, together with a secure bike storage fitted with two racks.
This apartment also benefits from a private garage with remote door opening.
There is also an additional three public parking spaces directly outside the apartment plus unlimited free parking available on the Common nearby.
Service charge for the flat is included in the rent to cover the cleaning and maintenance of common parts, refuse area and parking bay to Flat 4, exterior window cleaning and TV aerial maintenance.
Terms Of Letting - TERMS OF LETTING 1.A rent of £1540.00 per calendar month will be payable in advance by standing order.
2.Council tax - tenant responsible for charge 3.Services - tenant responsible for charges. Water, electricity, drainage (mains / private), gas where connected. Deposit of £1776.00 is required.
If held by Durrants it will be held under the Government approved scheme run by The Dispute Service – full details available from Durrants or interest is paid on this amount.
4.If the deposit is held by the landlord Durrants will provide the name of the Government approved scheme the landlord is registered with. 5.The landlord will not consider applicants who are smokers.
6.Where Durrants manage a property they will make quarterly inspections. •Durrants will prepare Tenancy Documents.
•The processing time from a tenant deciding to take a property to them having possession normally takes an average of three weeks.
If you would like a guide of the income level needed for the amount of rent required, contact us prior to referencing.
PLEASE NOTE BY SIGNING A TENANCY AGREEMENT YOU ARE ENT ERING INTO A LEGALLY BINDING CONTRACT
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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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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