1-bedroom flat · CO10 9TP
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and spacious one bedroom second floor apartment with lift access and ideally situated in the historic village of Long Melford.
The property features a generous open plan area filled with natural light benefitting from a private balcony. The apartment also offers a comfortable double bedroom with built in wardrobes.
Ideal for any first time buyers or someone looking for a village lifestyle. A spacious entrance hallway with laminate flooring allows access to the bedroom, living area and bathroom.
The bathroom has a large built in walk in shower with sliding shower door, wash hand basin with vanity unit, W.C and tiled walls as well as a towel rail.
The bedroom is double in size with carpet flooring and a convenient double built in wardrobe.
The living area is a large open space measuring approximately 20ft in width and has carpet flooring, a large space for a dining table, wall mounted electric heater, access to the outside balcony overlooking the parking area and greenery as well as entrance to the open kitchen.
The kitchen has an abundance of storage units and worktop surfaces, space for utilities such as washing machine and a free standing oven with hobs.
The units have under unit LED lighting, space for a fridge freezer and the walls have splashback tiles.
Location Long Melford is a highly sought-after village situated a short drive from the market town of Sudbury and within easy reach into Bury St. Edmunds.
The historic village of Long Melford is a popular village with a good range of local amenities including boutique shops and galleries, cafes, public houses and restaurants.
Both Melford Hall and Kentwell Hall attract tourists and there is a good sense of community.
The nearby market town of Sudbury offers a wider range of shopping and leisure facilities including a branch rail link to London Liverpool Street via Marks Tey (journey time of about 75 minutes).
Directions Please use the postcode CO10 9TP for SatNav. Important Information Council Tax Band - B Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold Lease details - Subject to confirmation from the management company and these charges are for the current year and maybe subject to change.
Ground rent - £200 per annum Service charge - £1800 per annum Remaining lease length - over 900 years EPC rating - D Ref - SUD260116/MR Agents note Any intending viewers or purchasers are advised of the following: An EWS1 form ( External Wall Survey) may be recommended for certain apartment buildings dependant on issues such as the height of the structure.
the positioning of balconies and composition of any external cladding.
Fenn Wright have not undertaken any such assessment in respect of this particular property and this note has been added to all flats being offered for sale throughout our business as appropriate general guidance .We recommend that potential purchasers seek advice from their solicitor and an independent Chartered Surveyor before committing to a purchase.
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
Agent & docs
FAQ
About The Malt House, The Drays, Long Melford, Sudbury, CO10
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