Studio flat · IP5 2BB
Listing removedListed 57 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor studio apartment located in the sought after Grange farm, Kesgrave, providing good access to local amenities as well as the A12 and A14.
You enter the apartment into a small entrance hall which houses two storage cupboards and doors leading to the shower room and studio room.
The shower room has had a shower cubicle, wc, hand wash basin and heated towel rail. The studio room benefits from large window to rear, ample space for bedroom area and living space.
From the studio room there is a door leading to the kitchen. This offers base and eye level units, worktop with inset sink and drainer, electric oven and hob and spaces for further appliances.
The property has electric heating and double glazed windows and further benefits from an off road parking space. Important Information The rent is exclusive of utilities and council tax.
Deposit: £894.23 or our deposit replacement product Availability: 9th October Non Smokers Council tax band - A EPC rating - C Services - We understand that mains water, drainage and electricity are connected to the property.
Broadband Availability - Standard and Superfast available (Ofcom Broadband Checker - Agust 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE and Vodafone.
(Ofcom Mobile Checker – August 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 payment.
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 21 St. Martins Court,, Bugsby Way, Ipswich
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