2-bedroom flat · IP2 8GR
Sold STCListed 48 daysAuction 23 Sep · ended
Opportunity summary
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About
For sale by auction on 23/09/2026 at Live Broadcast Auction Lot Number 3 36 Worsdell Close Ipswich Suffolk IP28GR Guide Price: £60,000 - £80,000 A modern two bedroom first floor apartment situated to the south of Ipswich town centre, offered with vacant possession.
The accommodation is well presented throughout and provides two bedrooms together with open plan living accommodation. Outside, the property benefits from allocated parking.
Offering an ideal opportunity for investors or owner occupiers, the apartment is considered particularly suitable as a buy-to-let investment and is priced for auction.
The property is leasehold with 99 years from 2006. Current service charges are £118 pcm with ground rent of £250 per annum.
Tenure: Leasehold - 99 years from 2006 SC - £118 pcm GR - £250 pa EPC: B TWO BEDROOMS FIRST FLOOR LARGE BALCONY ALLOCATED PARKING VACANT POSSESSION IDEAL BUY-TO-LET MODERN BUILD SOUTH OF TOWN CENTRE PRICED FOR AUCTION Open viewings have been arranged for: Sat 12 Sept - 10:30 - 11:00 Tue 15 Sept - 14:00 - 14:30 (Viewing slots MUST be pre-booked) Vendors Solicitors Mr Luke Cain Barker Gotelee 41 Barrack Square Martlesham Heath Ipswich IP5 3RF How is this property being sold?
This property is being sold via a traditional live-streamed AUCTION.
To participate, you’ll need to attend the scheduled open viewing, review the Legal Pack available on our website, and ensure your finances are in order, or be ready to proceed without funding.
Properties are sold subject to reserve prices and are chain-free, meaning contracts are immediately exchanged when the hammer falls.
If successful, a 10% deposit is required on the same day, with the remaining 90% due upon completion, typically within 28 days.
Guide prices reflect the vendor's minimum expectations, and bidding can be done online, by phone, or via proxy.
We don’t charge any Buyers Premium or hidden fees; only a fixed administration fee of £1,200 is applied upon a successful purchase.
For any questions about the auction process, please contact our office.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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About 36 Worsdell Close, Ipswich, Suffolk, IP2 8GR
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