2-bedroom flat · IP3 0BU
For saleListed 639 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Henry Rose Lettings & Sales are delighted to offer this 2 bedroom, 5th floor waterfront apartment.
The property has entrance hall, Kitchen, living room, 2 double bedrooms, family bathroom, ensuite shower room, balcony and underground secure parking.
The property is currently let on a periodic AST, achieving £800pcm.
If this property was to be re-let, we would expect to achieve in the region of £950pcm According to the owner, the latest annual service charge was £2556, the ground rent is 200 per annum and the lease has 103 years remaining.
Location This property is ideally situated on the Ipswich Marina with a variety of bars, restaurants and cafe's within walking distance.
The University of Suffolk is also situated on the dockside as well a local Tesco extra and public transport links to Ipswich Town Centre.
The county town of Ipswich offers a wide range of local amenities including schools, shops, doctors, dental surgeries, hospital, two theatres, parks, recreational facilities and mainline railway station providing direct links to London Liverpool Street Station.
Entrance Hall Airing cupboard and doors leading to all rooms.
Lounge 18' 9" x 15' 4" ( 5.71m x 4.67m ) max Double glazed patio doors to the side, one electric radiator, spot lights and entrance to the kitchen.
Balcony With a balustrade, decked flooring and Marina views. Kitchen 12' x 6' 2" ( 3.66m x 1.88m ) Fitted kitchen with a range fitted base units, hanging wall cupboards, worktops and drawers.
Bedroom One 14' 6" Door to ensuite bathroom En-Suite 6' 8" max x 5' 4" ( 2.03m max x 1.63m ) Bedroom Two 12' 9" x 9' ( 3.89m x 2.74m ) Double glazed window to the front and one electric radiator Bathroom 7' 1" x 6' 9" ( 2.16m x 2.06m ) Refitted bathroom suite Parking One underground space and visitor parking.
Full Description A luxury 5th floor 2 bed apartment with views over Ipswich Marine. With entrance hall, lounge, kitchen, two bedrooms, ensuite shower room and family bathroom.
Balcony, secure underground parking and lift. Call now to arrange your viewing.
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.
Area
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FAQ
About Apartment 502,3, Anchor Street, Ipswich
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