1-bedroom flat · NR34 9LU
Listing removedListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no onward chain and offering an allocated parking space this studio apartment offers an affordable investment or opportunity on the property ladder, all within a quiet cul-de-sac setting that’s an approximate 1.2 mile walk to Beccles town centre.
The property is entered via a communal entrance and is situated on the first floor.
In typical studio apartment fashion, the bedroom and reception area combine as one in an open plan style, with a front facing bay window and recessed area which is typically designated for a kitchen.
Leading through a small lobby with a wash basin, you will find the shower room / WC. Outside you can enjoy use of the communal grounds, as well as an allocated parking space.
Notes from the agent: please be advised at the apartment is currently undergoing some improvement works, including an electrical re-wire as well as the possibility of a new kitchen installation.
Should a prospective purchaser wish to source and fit their own kitchen this can be reflected within any offer.
Tenure details: the property is a leasehold with annual fees payable, including a £120pa service charge, £94pa ground rent and £172pa insurance contribution.
At the point of listing, Your Move understand there to be approximately 77 years and 7 months remaining on the lease.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QBC250376/2
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 Petit Couronne Way, Beccles, Suffolk, NR34
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