2-bedroom flat · IP12 4JE
For saleReduced £15k (−7.9%) on 31 JulListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Tanyard Court, just a short distance to the town centre, River Deben and Leisure Centre is this first floor apartment with communal parking and gardens.
This two bedroom first floor retirement property is offered for sale with no onward chain.
The property is approached via a secure entry system with stairs in the communal hallway leading to the first floor. The front door opens into the entrance hallway which has doors to all rooms.
To the left is the sitting/dining room which has a window to the front aspect and a door leading into the kitchen.
The kitchen has been fitted with a number of eye-level and base units with worktops over and an inset sink and drainer.
There is space for a washing machine, fridge -freezer and an integrated oven with hob and extractor fan over.
The main bathroom has been fully tiled and fitted with a p-shaped bath with shower over, along with a w/c and basin inset into a vanity unit and a heated towel radiator.
Both bedrooms have windows to the rear aspect, overlooking the communal gardens. Important Information We understand that mains water, drainage, electricity are connected to the property.
Council Tax: Band C EPC: Tbc Our reference: Jed Lease information: Tenure: Leasehold Lease length: 99 years from 1988 Annual Ground Rent: Tbc Annual Service Charge: Tbc Agents note The self-contained flats at Tanyard Court are available for occupants aged 55 or above who are capable of independent living.
There is a House Manager at the complex and an emergency call system in each flat which connects to a 24-hour emergency care line.
Any intending viewers or purchasers are advised of the following: An EWS1 form (External Wall Survey) may be recommended for certain apartment buildings dependant on issues such as the height of the structure, the positioning of balconies and composition of any external cladding.
Fenn Wright have not undertaken any such assessment in respect of this particular property and this note has been added to all flats being offered for sale throughout our business as appropriate general guidance.
We recommend that potential purchasers seek advice from their solicitor and an independent Chartered Surveyor before committing to a purchase.
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
Agent & docs
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FAQ
About 6, Tanyard Court, Woodbridge
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