2-bedroom bungalow · IP19 8LT
Sold STCListed 193 days
Opportunity summary
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About
Rarely Available in The Limes over-60s complex is this completely refurbished excellent detached two bedroom bungalow in a prime position overlooking the lovely communal gardens.
Accommodation comprises briefly: - Entrance Hall with a cupboard - Stylish 'Howdens' re-fitted kitchen with brand new appliances - Bathroom with a separate shower - Large sitting room with a feature fireplace - Conservatory - Two bedrooms - Modern electric heating - Overlooking attractive communal gardens at the rear - Re-furbished with new floorings throughout - Garage with electric door - 24 hour care alarm service The Property This excellent property has just been re-furbished and is situated in The Limes Complex, with it's conservatory overlooking attractive communal gardens.
This over-60s development is made up of a variety of houses, flats and bungalows. No.15 has a newly fitted stylish kitchen with a new free-standing electric cooker a washer/drier and a fridge/freezer.
There is a spacious sitting/dining room with a feature fireplace. Off the hallway is a bathroom with a separate power shower. There are two bedrooms both have fitted wardrobes.
The property is offered in excellent condition having been re-decorated throughout with newly fitted beige carpets and new vinyl flooring.
There is a single garage near the property with an electric door with power and light connected. A communal garden room is available if residents wish to participate in various activities.
Parking spaces in The Limes are not allocated to individual properties, but spaces are usually available.
The lease which is until the year 2980 is owned by The Limes Association Ltd, a company owned and managed by the leaseholders of the 30 properties at The Limes, all of whom own an equal share of the freehold.
A service charge of £325 per month is payable by each leaseholder and covers the cost of the management, all structural and defined external maintenance, building insurance, maintenance of the communal gardens and common areas including roads and pathways, external lighting and provision of a 24 hour call facility.
Location The property is situated close to the centre of town. Halesworth provides many independent shops, public houses, cafés, restaurants, GP surgery, vets and a supermarket.
'The Cut' is the town's exceptional arts centre - converted from a former maltings - which offers a dynamic year-round programme of theatre, cinema, dance and exhibitions, plus art and fitness classes.
There is the train station with services to London Liverpool Street via Ipswich.
The unspoilt heritage coastline of Suffolk with the glorious beaches of Southwold, Dunwich and Walberswick are a 20-minute drive away.
Fixtures & Fittings All fixtures and fittings are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.
Services Electric thermostat controlled heating. Mains water, drainage and electricity.
Local Authority: East Suffolk Council Tax Band: C Postcode: IP19 8LT EPC: E Tenure Leasehold: Until 2980 (954 years remaining) Peppercorn ground rent Maintenance/Service Charge: £325 per month Agents' Note The property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.
An age restriction of 60 years and over applies at The Limes. No pets are allowed.
Please ask the selling agents for further information regarding the application process and cost to apply to live in The Limes.
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
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FAQ
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