2-bedroom flat · IP5 3QT
Listing removedListed 154 days
Opportunity summary
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About
*** no onward chain *** Second floor (top) two bedroom apartment with communal garden and allocated parking.
Accommodation comprises secure communal entrance, private entrance door to hall, sitting/dining room, kitchen, two bedrooms and a family bathroom.
This apartment is located in popular martlesham heath, close to local schools, shops, amenities and bus routes and an early viewing is strongly advised to avoid disappointment.
Communal Entrance Secure, intercom entry with stairs to the second floor leading to the entrance door to the apartment.
Entrance Hall Access to cupboard with doors to the sitting/dining room, both bedrooms and the family bathroom.
Sitting/Dining Room 4.26m x 3.72m (14' 0" x 12' 2") Window to front with space for a family dining table and comfy sofa/seating area.
Opening through to: Kitchen 3.13m x 1.67m (10' 3" x 5' 6") Window to rear, range of matching base and eye level units with worktops over, sink, space for a fridge/freezer and freestanding cooker and space and plumbing for a washing machine.
Bedroom One 3.44m (max) x 3.25m (max) (11' 3" (max) x 10' 8" (max)) Window to side. Bedroom Two 3.25m x 1.99m (10' 8" x 6' 6") Window to side.
Family Bathroom 2.15m x 1.68m (7' 1" x 5' 6") Window to rear, panel enclosed bath with shower over, hand wash basin and WC.
Outside The property benefits from communal grounds as well as one allocated parking space. Important Information Tenure - Leasehold.
Services - we understand that mains gas, electricity, water and drainage are connected to the property. Council tax band A. EPC rating C. Our ref: Sm/elr.
Leasehold Information Length of lease: 125 years from 2014 Remaining term of lease: 113 years remaining @ 18/05/26. Service charge - £864.00 per annum. No ground rent is payable.
The freehold to the building is owned by 'The Chase (Martlesham Heath) Residents Association Ltd' which manages all the communal areas and garden, and the flat comes with a one sixth share of that company.
Agents Note There is an annual charge payable to the Martlesham Heath Householders Ltd (mhhl), with the payment for the 2025-2026 financial year being £45.
This is a mandatory fee for all householders on Martlesham Heath whose properties fall under mhhl land ownership, with payment being due on the 1st of October every year.
Location Martlesham Heath is a fantastic development between the towns of Ipswich and Woodbridge.
The village has many amenities, including a doctors, pharmacy, butchers, bakery, Morrisons Daily, church, public house, primary school and a village green with pavilion.
In addition, there is an aviation museum, as well as Martlesham Retail Park with Tesco Extra, Next, M&S Food Hall, diy stores, and other outlets.
Highly regarded primary and secondary schools are within easy reach, as is the popular market town of Woodbridge which sits along the River Deben, with an array of local and national shops, boutiques, restaurants and bars.
For the commuter, the A12/A14 are both within easy reach, as is the mainline train station at Ipswich, with a direct link to London Liverpool Street.
Disclaimer In accordance with Consumer Protection from Unfair Trading Regulations, Marks and Mann Estate Agents have prepared these sales particulars as a general guide only.
Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct but any intending purchaser should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement.
No statement in these particulars is to be relied upon as a statement or representation of fact. Any areas, measurements or distances are only approximate.
New build properties - the developer may reserve the right to make any alterations up until exchange of contracts.
Anti-Money Laundering Regulations Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 11, The Chase, Martlesham Heath
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