2-bedroom flat · IP3 8XH
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of this stunning former Victorian Hospital conversion is this first floor apartment with two allocated car spaces which is located to the east side of the town.
Set within this stunning former Victorian Hospital conversion is this stylish two double bedroom first floor apartment.
Benefitting from a wealth of period charm and features, including high ceilings and sash windows there is also an open plan kitchen/dining/living space and en-suite to the main bedroom.
There is also gas central heating and two allocated car spaces. The block is accessed via a secure entry door into a communal hall with stairs to all floors.
The apartment itself has a reception hall to the rear of which is the open-plan kitchen/dining/living space which has a high ceiling, four sash windows, all fitted with plantation style shutters, and lvt flooring throughout.
The kitchen area incorporates a range of modern base units, wall cupboards, Silestone work top and drawers. Integrated appliances include a four-ring gas hob.
Electric oven, extractor hood, fridge/freezer and dishwasher. The main bedroom has two sets of built-in wardrobes and a window to the front.
Adjacent is an en-suite comprising a shower, basin with storage below and WC.
Bedroom two is also a double room to the front with built-in wardrobes The separate shower room comprises a shower, basin with storage below and a high-level Victorian-style WC.
Adjacent to this is a laundry room which has space and plumbing for a washing machine and shelving. Outside To the front of the block there are two allocated car spaces.
Please note the photos being used were taken when the previous occupier was in situ.
Directions Please use a Sat Nav with the postcode IP3 8XH and upon entering Ribbans Park Road turn left and then take an immediate right where the block can be found directly in front of you.
Important Information The rent is exclusive of utilities and council tax. Deposit: £1500 or our deposit replacement product. Availability: Now!
Non Smokers EPC: C Council Tax Band: C Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Broadband Availability - Standard, Superfast and ultrafast available (Ofcom Broadband Checker - October 2026).
Mobile Coverage - It is understood that the best available mobile service in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – October 2026) Holding Deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental ayment.
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
Agent & docs
FAQ
About 7 Belgrove Place,, Ribbans Park Road, Suffolk
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