2-bedroom flat · IP1 5EX
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this beautifully presented two-bedroom ground floor apartment is situated within a quiet cul-de-sac location in the sought-after IP1 area.
Constructed approximately six years ago, the property offers modern, spacious accommodation throughout and is ideal for first-time buyers, downsizers, or investors alike.
Upon entering, you are welcomed by a generous entrance hall providing access to all rooms.
The apartment boasts two well-proportioned bedrooms, a stylish family bathroom with a heated towel rail, and a superb open-plan lounge/kitchen/dining room, creating the perfect space for both everyday living and entertaining.
The contemporary kitchen is fitted with a range of units and benefits from a selection of integrated appliances, seamlessly flowing into the bright and airy living and dining area.
Externally, the property enjoys the advantage of an allocated parking space and is positioned within a peaceful residential setting, while remaining conveniently located for local amenities, transport links and Ipswich town centre.
Situated on the outskirts of IP1 means that you are a stones-throw from the A14/A12 for commuting needs but also large supermarkets and everyday amenities.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 Flat 2, 31, Mimas Way, Suffolk
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