2-bedroom flat · IP4 1BN
For saleReduced £10k (−6.7%) on 3 SepListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grace Estate Agents are delighted to present this two-bedroom penthouse apartment located in the heart of Ipswich town centre, this impressive two-bedroom penthouse apartment offers spacious and contemporary living with the added benefit of a private roof terrace.
The property features a generous kitchen/diner, ideal for both everyday living and entertaining, alongside a bright and well-proportioned living space.
The master bedroom benefits from a modern en-suite, while the second bedroom provides flexible accommodation for guests, a home office, or additional family space.
Further enhancements include newly fitted double glazed windows throughout, ensuring improved energy efficiency and comfort.
Externally, the standout feature is the private roof terrace, offering an excellent space to relax or entertain while enjoying elevated views.
The property also benefits from a long lease with approximately 116 years remaining, making it an attractive option for both homeowners and investors alike.
Located within easy reach of local amenities, shops, restaurants, and transport links, this penthouse presents a fantastic opportunity to enjoy convenient town centre living.
Entrance Hall Storage cupboard, spotlights and an entry phone system.
Kitchen/Diner (4.97 x 4.82 (16'3" x 15'9")) Double glazed windows to front aspect, French doors to the private outside terrace, wood effect flooring to the kitchen area, electric radiator, matching eye and base level units stone effect worktops over, single bowl sink with side drainer and chrome mixer tap.
Integrated oven, electric hob with extractor hood over, an integrated fridge/freezer, washing machine, dishwasher and tiled splashback.
Master Bedroom (4.95 x 3.30 (16'2" x 10'9")) Two double glazed windows to front aspect and electric radiator.
Bedroom Two (2.97 x 2.80 (9'8" x 9'2")) Double glazed window to the side aspect and electric radiator.
Ensuite (1.73 x 1.64 (5'8" x 5'4")) Low level WC, pedestal wash hand basin, corner shower, part tiled walls, tiled flooring and extractor fan.
Bathroom (1.87 x 2.32 (6'1" x 7'7")) Low level WC, pedestal wash hand basin, bath with overhead shower, heated towel rail, part tiled walls, tiled flooring and extractor fan.
Charges Service charge - £2,000 per year. Ground rent - £50 per year. Lease details - 116 years remaining.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Flat 10, 72, Foundation Street, Ipswich
Explore nearby
.png){kind=logo}
