2-bedroom flat · IP9 1QP
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an attractive conversion of a period building, this spacious two-bedroom ground floor apartment offers comfortable, easy-to-manage living in Shotley Village.
The ground floor position makes everyday life straightforward, while the generous proportions provide plenty of space to relax, work from home or welcome guests.
The property also benefits from off-road parking and access to communal gardens. The coastal setting adds another reason to enjoy life here.
With the River Orwell and surrounding shoreline close by, there are plenty of opportunities to head out for a stroll, enjoy the fresh air and make the most of the waterside surroundings.
Local shops and amenities are also within easy reach, helping to keep everyday essentials close at hand.
Whether you’re looking for your next home or considering a buy-to-let investment, this well-positioned apartment offers a practical combination of space, location and low-maintenance living.
Ready to take a closer look? Book your viewing and see what life at Old School House could look like. Please "View Brochure" to request your viewing/ask the seller a question.
Lease Information The ground rent is £90 per annum but paid every 6 months. Service charge including water is currently £2,200 currently per annum.
Property Ownership Information Tenure Leasehold Council Tax Band A Annual Ground Rent £90.00 Ground Rent Review Period Every 1 year Annual Service Charge £2,200.00 Service Charge Review Period Every 1 year Lease End Date 27/06/2112 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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 advisors 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
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FAQ
About 15, Old School House, Shotley, Nr. Ipswich
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