2-bedroom flat · IP16 4WP
For saleListed 4 days
Opportunity summary
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About
Leiston is a thriving Suffolk market town offering an excellent range of everyday amenities, including independent shops, supermarkets, cafés, schools and leisure facilities.
The town is home to the Sizewell C and Sizewell B developments, making it an increasingly popular location for both owner-occupiers and investors.
Situated just two miles from the Suffolk Heritage Coast, Leiston provides easy access to the sought-after coastal towns of Aldeburgh and Thorpeness, together with the renowned RSPB Minsmere Nature Reserve and the beautiful beaches at Dunwich.
For commuters, the nearby market town of Saxmundham offers regular rail services to Ipswich, with onward connections to London Liverpool Street, while the A12 provides convenient road links both north and south.
Originally constructed during the 1950s as a training centre for Garrett Engineering, Colonial House has since served a variety of commercial purposes before being sympathetically converted into ten stylish one and two-bedroom apartments.
Following an extensive refurbishment, the building now offers contemporary accommodation whilst retaining many attractive character features. Approximate Internal Area: 52 sq. m (568 sq.
ft.) Accommodation Communal Entrance Secure communal entrance with stairs rising to the first floor and access to Flats 7 and 8.
Entrance Hall Private entrance hall with airing cupboard housing the hot water cylinder and doors leading to all accommodation.
Open Plan Kitchen/Living/Dining Room 5.13m x 4.76m (16'9" x 15'7") A bright and spacious open-plan living area with two large wooden sash windows overlooking the communal lawns.
The kitchen is fitted with a stylish range of wall and base units incorporating an integrated electric hob with extractor hood above, built-in oven, integrated fridge and dishwasher.
Engineered oak flooring runs throughout the living space. Bathroom Fitted with a white suite comprising a panelled bath with shower over, low-level WC and pedestal wash hand basin.
Fully tiled walls and flooring with extractor fan. Bedroom One 4.08m x 2.90m (13'4" x 9'6") Two windows to the rear aspect and fitted carpet.
Bedroom Two 3.05m x 2.65m (10'0" x 8'8") Window to the rear aspect and fitted carpet. Outside The property benefits from one allocated parking space located to the front of the building.
There are also communal cycle storage facilities, three visitor parking spaces and a communal refuse storage area situated at the northern end of Colonial House.
Council tax band - B 116 years left remaining on the lease Ground rent: £150.00PA Service charge: £492 per quarter Disclaimer Note: These particulars are provided for guidance only and do not form part of any contract.
While every effort has been made to ensure accuracy, details should be independently verified. Measurements are approximate and fixtures, fittings and appliances have not been tested.
Photographs are for illustration only and may not show all included items.
No guarantees are given regarding planning permission, building regulations, listed building consent, covenants or restrictions affecting the property.
Site plans are indicative only and buyers should rely on Land Registry or transfer plans.
In line with Money Laundering Regulations 2017, estate agents are required to verify the identity of buyers and sellers.
A Property Information Questionnaire completed by the vendor is available on request by email.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Station Road, Colonial House Station Road, IP16
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