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See how verdicts work1-bedroom flat · IP12 1AE
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mortimers of Woodbridge are pleased to offer for sale this attractive one-bedroom apartment, occupying a second-floor position within the established Old Maltings Court development, just a short walk into Woodbridge.
The property offers well-balanced accommodation, which is both practical and na....
Full Description - Mortimers of Woodbridge are pleased to offer for sale this attractive one-bedroom apartment, occupying a second-floor position within the established Old Maltings Court development, just a short walk into Woodbridge.
The property offers well-balanced accommodation, which is both practical and na....
Mortimers of Woodbridge are pleased to offer for sale this attractive one-bedroom apartment, occupying a second-floor position within the established Old Maltings Court development, just a short walk into Woodbridge.
The property offers well-balanced accommodation, which is both practical and naturally bright, making it an ideal choice for those seeking a manageable home within easy reach of the town.
Residents enter the development through a secure communal entrance, with an intercom system providing controlled access.
A lift and staircase serve the various floors, making the apartment easily accessible. ENTRANCE HALL The private entrance hall provides a useful central point from which the accommodation is accessed.
Built-in storage is incorporated into the hallway, including a useful airing cupboard, providing valuable additional household storage.
Living Room – 12’ 11 x 11’ 6 A particularly appealing feature of the apartment is the generously proportioned sitting/dining room, which enjoys windows to two elevations.
The double aspect arrangement allows plenty of natural light into the room and creates a comfortable setting for both everyday living and entertaining, with sufficient space for defined seating and dining areas.
KITCHEN – 13’ 7 x 6’ 4 The kitchen is positioned separately from the main living accommodation and has been fitted with a good selection of storage cupboards and drawers beneath roll-top work surfaces, complemented by matching wall units.
Integrated within the worktops is a sink with mixer tap, while further appliances include an electric hob, extractor and oven.
There is additional provision for a washing machine/tumble dryer and fridge/freezer.
BEDROOM – 11’10 x 8’ 5 The bedroom is a well-sized double room with a front-facing window providing plenty of natural light.
A fitted wardrobe with sliding doors offers useful built-in storage, whilst the remaining floor space allows flexibility for further bedroom furniture or the creation of a dedicated workspace.
BATHROOM – 6’ 11 x 5’ 8 The bathroom is fitted with a white suite incorporating a panelled bath with shower attachment, wash hand basin and WC.
OUTSIDE & PARKING One allocated parking space is included with the apartment and is conveniently positioned close to the building. There is also additional parking available for visitors.
The development itself is surrounded by established communal gardens which are maintained for the benefit of residents.
Further facilities include a secure bicycle store and designated communal bin storage.
ADDITIONAL INFORMATION The apartment is double glazed and benefits from electric heating, together with a hardwired smoke detection system.
The combination of lift access, secure entry, allocated parking and well-maintained communal areas makes Old Maltings Court a particularly convenient setting.
The property is located in Melton, an established and popular residential area adjoining Woodbridge.
Woodbridge town centre is within comfortable walking distance and provides a wide variety of shops, caf?s, restaurants and everyday facilities, whilst the surrounding area offers a wealth of countryside and leisure opportunities.
The property is leasehold with approximately 102 years remaining on the 125-year lease which commenced in 2003. The current service charge is ?1,724.96 per annum, with a ground rent of ?125 per annum.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Old Maltings Court, Melton, Woodbridge
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