2-bedroom flat · IP11 9FS
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In addition to the two bedrooms the apartment benefits from open plan kitchen/living space with double doors opening out onto an enclosed patio area, allocated off road parking with further visitors space and a modern bathroom.
The accommodation in brief comprises entrance hall, utility cupboard, open plan living kitchen/diner, two double bedrooms and modern bathroom, heating is supplied in the form of gas fired central heating to radiators and windows are of double glazed construction.
Laureate Fields is situated in the generally sought after area of Old Felixstowe, a few minutes walk to open countryside and convenient for both golf and sailing facilities at Felixstowe Ferry, in addition to being within approximately one and a quarter mile from Felixstowe's main town centre.
A viewing is highly recommended to appreciate the spacious and modern accommodation on offer. Secure video entry system communal entrance door opening into communal hallway.
Apartment 3 is located on the ground floor with an entrance door opening into: ENTRANCE HALLWAY Wood flooring, radiator, large utility cupboard with space and plumbing available for a washing machine, extractor, doors to :- OPEN PLAN KITCHEN/DINING/LIVING SPACE 22' 6" x 15' 7" (6.86m x 4.75m) KITCHEN Modern fitted kitchen comprising fitted worktops with matching splash screen, fitted storage units above and units and drawers below, stainless steel one and a half bowl sink unit with mixer tap and single drainer, integrated appliances such as a dishwasher, fridge/freezer, electric oven with four ring induction hob and cooker extractor above, cupboard housing combi boiler, solid wood flooring, window to side aspect.
LOUNGE/DINING AREA Two radiators, solid wood flooring, TV point, windows to side and rear aspect with French doors opening out onto an enclosed patio area.
BEDROOM ONE 15' 3" x 9' 4" (4.65m x 2.84m) Radiator, TV point, window to rear aspect. BEDROOM TWO 12' 6" x 9' 3" (3.81m x 2.82m) Radiator, TV point, window to rear aspect.
BATHROOM 6' 11" x 6' 5" (2.11m x 1.96m) Modern suite comprising WC with hidden cistern, wash hand basin with mixer tap, panelled bath with twin shower head over, fitted shower screen, part tiled walls, shaver point, heated towel rail extractor.
OUTSIDE The apartment benefits from one allocated off road parking space via a communal car park where there are additional visitor parking spaces available.
In the communal car park there is an additional bike store and bin store. TENURE - LEASEHOLD The property has the remainder of a 125 year lease from 2021.
SERVICE CHARGE & GROUND RENT We understand from the current owner that the service charge is approximately £1,480 per annum with the ground rent £200.00 per annum. COUNCIL TAX Band 'B'
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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FAQ
About Barley Court, Holmhill Drive, Felixstowe
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