1-bedroom property · IP5 2HJ
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ONE BEDROOM retirement flat for the over 55s. A warden controlled complex. Excellent access to an array of amenities.
Located in a superb position on the highly regarded Grange Farm development.
Enjoys a good sized entrance hallway, fully fitted bathroom with assisted bath, modern fitted kitchen, large lounge with Juliet balcony and an excellent sized master bedroom.
Further benefits from electric heating and double glazing. This transaction has NO ONWARD CHAIN. Viewing highly advised *Agents note* We understand the maintenance charge to be £670 per month.
Main entrance Security door leading to Gressland Court's main entrance with warden office, large residence lounge with lifts/stairs to all floors.
Entrance hallway Personal door to personal entrance hallway, electric radiator, large built in airing cupboard.
Bathroom Spotlights, luxury tiling, warden assisted pull cord, low level wc, pedestal hand wash basin with mixer taps, large assisted bath with shower.
Bedroom 1 Double glazed window to front, single radiator, fitted wardrobes, warden assisted pull cord.
Lounge/diner Warden assisted pull cord, double glazed Juliet balcony to rear with superb views, wall lights, feature style fireplace, double glazed window to side, electric radiator.
Kitchen Double glazed window to rear, sink and drainer with mixer taps set in work surfaces, wall mounted cupboards, wall mounted display cabinets, integrated hob/oven/extractor, warden assisted pull cord, spotlights, integrated washing machine, half tile surround, space for fridge freezer, further work surfaces.
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
Agent & docs
FAQ
About Gressland Court, Mead Drive, Kesgrave
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