2-bedroom flat · IP12 1FL
Sold STCListed 189 days
Opportunity summary
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About
Situated in the exclusive and desirable Malt Yard development, an over 55's residential complex is this first floor apartment.
Conveniently located within walking distance of the town centre and River Deben.
The Malt Yard is a desirable development of purpose built apartments, available to over 55s, conveniently located a short distance from the Thoroughfare and River Deben.
Within the exclusive complex are a number of impressive communal facilities including landscaped gardens, a resident's lounge with kitchenette, a cinema room and gym.
There are also secure communal storage are for bicycles, along with caged container areas on the lower ground floor.
Guest accommodation for relatives is also available at an additional nightly charge.
The apartment is located on the first floor and has a stunning open-plan sitting room with a balcony and contemporary kitchen, shower room and en-suite.
The front door opens into a generous reception hall with doors off to all rooms and cloaks cupboard.
The shower room has a modern suite comprising a double walk-in shower with glass screen, basin, WC and heated towel rail.
Moving along the hall is the open-plan sitting/dining room with a large utility cupboard, double doors opening onto a balcony as well as a door to the kitchen which has a range of base and eye level units, work surfaces, sink, built-in oven, hob with extractor over, fridge/freezer and dishwasher.
Also off the hall are two double bedrooms, the main bedroom is of generous proportions with built-in wardrobes and door to an en-suite comprising a double-walk in shower with glass screen, WC, basin and heated towel rail.
Directions Please use IP12 1FL as point of destination or for further information please contact a member of the team on .
Important Information Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold Council tax band - C EPC rating - TBC Our ref; CJJ Lease information Lease length - 1000 years commencing 1st January 2015 Ground rent - £250 per annum Service charge as of 2025 - £7,592 per annum
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
Agent & docs
FAQ
About Old Maltings Approach, Melton, Woodbridge, Suffolk, IP12
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