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See how verdicts work1-bedroom flat · CO10 9TP
Listing removedListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented second floor apartment situated in the popular Drays development in the historic village of Long Melford.
The property has good size open plan accommodation with a double bedroom and bathroom. Ideal for first time buyers or downsizers.
Tall sliding glazed doors in atrium communal entrance hall with entry alarm systems to all apartments. Security door into entrance lobby where there are both stairs and lifts to all floors.
Entrance door into entrance hall with good size airing cupboard with linen shelves over. Spacious open plan sitting room with window and double doors on to a small balcony and two storage heaters.
The open plan kitchen has a range of matching base and eye level units, built-in oven, hob and extractor, inset sink and plumbing for washing machine, space for fridge and freezer.
The double bedroom has a window to the front and an electric panel heater. The bathroom comprises an enclosed panel bath with electric shower and screen, wash hand basin and low level WC.
The apartment benefits from its own storage area where there are numbered cages set aside for dedicated apartments on the ground floor.
Outside The Malt Houses are accessed from Station Road via the Drays. There is communal parking servicing all the apartments.
Location Long Melford is a highly sought-after village situated a short drive from the market town of Sudbury and within easy reach into Bury St. Edmunds.
The historic village of Long Melford is a popular village with a good range of local amenities including boutique shops and galleries, cafes, public houses and restaurants.
Both Melford Hall and Kentwell Hall attract tourists and there is a good sense of community.
The nearby market town of Sudbury offers a wider range of shopping and leisure facilities including a branch rail link to London Liverpool Street via Marks Tey (journey time of about 75 minutes).
Directions SatNav - postcode CO10 9TP Important Information Council Tax Band – B Services - We understand that mains water, drainage and electricity are connected to the property.
The property has night storage heaters. Tenure - Leasehold Lease details - The lease is for 99 years with the original term commencing in 1987.
The service charge is £tbc per month and the ground rent is £tbc per year these charges are for the current year and maybe subject to change. All information should be checked by your solicitor.
EPC rating – tbc Our ref - SUD260504/jo Agent’s note Any intending viewers or purchasers are advised of the following: An EWS1 form (External Wall Survey) may be recommended for certain apartment buildings dependant on issues such as the height of the structure.
The positioning of balconies and composition of any external cladding.
Fenn Wright have not undertaken any such assessment in respect of this particular property and this note has been added to all flats being offered for sale throughout our business as appropriate general guidance.
We recommend that potential purchasers seek advice from their solicitor and an independent Chartered Surveyor before committing to a purchase
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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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 22, The Malt House, Long Melford
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