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See how verdicts work2-bedroom flat · IP3 8UT
For saleReduced £5k (−3.7%) on 25 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this well-presented TWO BEDROOM first floor apartment is situated in the popular Warren Heath area of Ipswich, offering excellent access to local amenities, transport links and the A14.
An ideal purchase for first-time buyers, investors or those looking to downsize.
The accommodation comprises an entrance hallway with security intercom system, a spacious lounge, fitted kitchen, two good-sized bedrooms and a fitted bathroom.
Further benefits include double glazing, electric heating and allocated off-road parking.
This excellent apartment represents a fantastic opportunity to acquire a low-maintenance home in a desirable residential location and an internal viewing is highly recommended.
*Agents notes* -146 years remaining on the lease. -EWS Management £103.47 per year. -Ground Rent- £100.00 per year. Communal hallway Door to communal hallway with stairs to all floors.
Entrance hallway Personal door to personal entrance hallway with security intercom.
Bathroom Double glazed window to front, panel enclosed bath with mixer taps, shower attachment, contemporary towel rail, pedestal hand wash basin, low level wc.
Bedroom 1 Double glazed window to front, fitted wardrobes, wall mounted panel heater. Bedroom 2 Double glazed window to side, wall mounted panel heater.
Lounge Double glazed window to rear, wall mounted electric panel heater.
Kitchen Double glazed window to front, stainless steel sink and drainer set in work surfaces, space for fridge freezer, tiled floor, further range of work surfaces, further wall mounted cupboards, space for washing machine, space for cooker, half tile surround.
Outside Allocated parking, communal gardens.
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
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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 advisers 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
FAQ
About Mill Road Drive, Ravenswood
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