1-bedroom flat · IP7 5DL
Listing removedListed 91 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom basement level apartment, completed to a high specification and including kitchen/dining room, sitting room and bathroom, together with off road parking for one vehicle.
Forming part of the impressive Victoria House in the Market Place of Hadleigh and located just off the High Street.
A part glazed entrance door leads down to the accommodation, where there is a landing with a door to the kitchen/dining room, large walk-in airing cupboard housing the hot water cylinder and electric boiler and a further deep under stairs storage cupboard.
The kitchen/dining room has a window to the rear, doors to the sitting room, bedroom and rear hallway and comprises a stainless steel sink unit inset into work surfaces with cupboards and drawers below, integrated oven with four burner hob and extractor above, radiator and two light points.
The bedroom has a bay window to the rear, radiator, four wall light points and a part glazed door to the sitting room has a door to the rear hallway, radiator and three wall light points.
The rear hallway has a built-in double cupboard providing space and plumbing for a washing machine, together with further built-in storage, ceiling light point and a door to the bathroom, which has a white suite comprising a panelled bath with chrome fittings and separate thermostatically controlled shower over with glazed screen, low level wc, pedestal wash basin, heated towel rail/radiator and two light points.
There is off road parking for one vehicle. Tenancy The property is available on an unfurnished basis under an assured periodic agreement. Deposit Equivalent to 5 weeks rent.
Holding Fee A holding fee equivalent to one week's rent is required to secure the property.
This fee will be held for 15 days and either returned to you or used towards your first month's rent/deposit.
You will forfeit the right to have the holding deposit returned to you under the following circumstances: 1. You withdraw from the tenancy before the contract is signed. 2.
You fail a right to rent check. 3. You provide false or misleading information. 4. You fail to provide the relevant information/documentation.
To enable referencing to commence before the 15 day deadline. Kitchen/Dining Room (3.53m x 2.28m) Sitting Room (4.80m x 3.68m) Bedroom (4.11m x 1.95m) Bathroom (3.53m x 1.77m)
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
About Flat 5, Victoria House Market Place, Ipswich
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