2-bedroom flat · IP2 8GR
Under offerListed 140 days
Opportunity summary
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About
BELVOIR!
Are pleased to bring to the market this well presented two bedroom first floor modern apartment, situated to the South West side of Ipswich within walking distance of the train station and water front with easy access to the A12/A14.
The property is located at the end of the close, opposite open green space.
The apartment offers an entrance hall with fitted storage cupboards, spacious lounge/diner, modern kitchen, two bedrooms and modern bathroom.
The property also has gas fired central heating , double glazed window and allocated parking and visitors spaces.
The property would ideally suit first time buyers and offers a great investment opportunity.
______________________________________ Communal private hallway with Video entry system, stairs to first floor. Entrance hall with fitted cupboards, radiator.
Lounge/diner: 4.10m x 3.50m Double glazed window to front aspect, radiators, carpet.
Kitchen: 2.80m x 2.20m Range of cupboards, drawers and wall cupboards, work tops, fitted oven, hob and extractor hood, fitted fridge/freezer, space for washing machine, single drainer sink unit, fitted boiler, tiled floor.
Bedroom One: 4.90m x 3.00m Double glazed windows to front aspect, radiator, built in wardrobes. Bedroom Two: 3.50m x 2.20m Double glazed window to ear aspect, radiator.
Bathroom: 2.20m x 2.00m Panelled bath, low level WC, pedestal wash basin, radiator, insert spot lights, extractor fan.
Outside there is allocated parking and visitors spaces, locked communal bin area and bike store.
________________________________ Awaiting approval of the particulars from our client: Council tax band: A Council tax band amount: £1572 Length of Lease: 79 years Ground rent: £250 per year subject to confirmation.
Service charge: £1407 subject to confirmation.
______________________________________ Disclaimers: At Belvoir Ipswich we endeavour to ensure our sales particulars are accurate and reliable, however, they do not constitute or form part of an offer or contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
Belvoir and our partners provide a wide range of services to buyers, although you are free to use an alternative provider. For more information simply speak to one of our team today.
We can refer you to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to £250.00, if you decide to take a mortgage through them.
If you require a solicitor to handle your purchase, then we can refer you to KMA solicitors. We may receive a fee of £100.00, if you decide to use their services.
Whilst our referrals come highly recommended, you are free to use alternative providers throughout the process.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: B. Tenure: Leasehold,
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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FAQ
About Worsdell Close, Ipswich, IP2
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