1-bedroom flat · IP3 0PE
For saleReduced £20k (−20%) on 13 OctListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £100,000 to £110,000** Palmer and Partners are pleased to present to market with no onward chain this immaculately presented over 60’s first-floor one bedroom apartment.
Situated in the much sought after and desirable Holme Oak Court development the apartment is adjacent to Holywells park to the south east of Ipswich.
Whilst being close to Holywells park the property is also just a few minutes’ walk to the waterfront.
The apartment is lift and stair serviced and has just recently been refurbished including full redecoration and flooring throughout.
Holme Oak Court comes with stunning communal gardens, communal residents lounge and kitchen, laundry facilities, communal parking and emergency pull cord system.
As agents, we recommend the earliest possible internal viewing to appreciate the quality of accommodation on offer which comprises entrance hall, open plan lounge/dining area, kitchen, bedroom and shower room.
Leasehold information: Lease – 125 years (105 years remaining) Service charge - £3,400 per annum Ground rent - £395 per annum The county town of Ipswich mixes historic character with a more modern waterfront and town centre.
You will find medieval streets and older buildings in areas like the town centre, alongside regenerated docks, restaurants, cultural venues, and the university area around the Waterfront.
The town is also an important economic hub for Suffolk, with strengths in business, education, culture, and links to nearby Felixstowe port and London by rail with a journey time of approximately 1hr 15mins.
Ipswich offers a range of local amenities including schools, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park and Christchurch Park, and recreational facilities.
EPC Rating tbc Front Door Into: Entrance Hall Meter cupboard. Lounge/Dining Room (5.56m x 5.36m) Two double-glazed windows to the rear aspect, feature fireplace and electric heater.
French doors through to: Kitchen (2.2m x 1.68m) Double-glazed window to the side aspect, fitted with a matching range of modern eye and base level units, tiled splashbacks, sink and drainer, built-in oven, integrated hob and integrated extractor.
Bedroom (3.89m x 2.72m) Double-glazed window to the side aspect, electric heater and built-in mirrored wardrobe.
Shower Room Large walk-in shower, WC, vanity hand wash basin with storage, tiled walls and built-in airing cupboard.
Communal Areas There are laundry facilities for the residents to use, communal residents lounge, kitchen and gardens which wrap around the development.
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.
Area
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FAQ
About Flat 35 Holme Oaks Court, 50, Cliff Lane, Suffolk
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