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    1. Home
    2. Ipswich properties
    3. 2 bed flat for sale in Lancaster Drive, Martlesham Heath IP5
    Full property analysis
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    1 / 5

    Lancaster Drive, Martlesham Heath, IP5 3TJ

    2-bedroom flat · IP5 3TJ

    1 bath
    Asking
    £220,000

    Sold STC · Listed 7 days

    Chain free
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    Opportunity summary

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    About

    The property

    A beautifully presented TWO DOUBLE BEDROOM FIRST FLOOR APARTMENT, situated within the highly desirable Martlesham Heath development and offered for sale with NO ONWARD CHAIN.

    This attractive apartment is set within a well-maintained apartment block and offers spacious, well-proportioned accommodation throughout.

    The property benefits from an entrance hallway with security intercom, a personal hallway, an impressive and generously sized lounge/diner enjoying superb views, and a spacious fitted kitchen/breakfast room.

    There are also two excellent-sized double bedrooms, a fitted bathroom and a separate WC.

    Externally, the property benefits from its own personal garage and additional parking, adding to the appeal of this superb apartment.

    Ideally located for excellent access to BT's Adastral Park and Suffolk Police Headquarters, the property is also conveniently positioned for Martlesham Heath's excellent range of local amenities.

    An excellent opportunity to acquire a spacious and well-presented apartment in a highly sought-after location.

    Early viewing is highly recommended to fully appreciate all that this attractive property has to offer. *Agents notes* -There are 955 years remaining on the lease.

    -Maintenance charges are £330 per quarter. Commual hallway Security door to communal hallways with stairs to first floor.

    Entrance hallway Own personal door into own entrance hallway, security intercom and single radiator. Seperate wc Luxury tiling, low level wc and single radiator.

    Bathroom Luxury tiling, contemporary heated towel rail, spotlights, pedestal hand wash basin, panel enclosed bath and shower.

    Bedroom 1 Double glazed velux window to front 2x, fitted mirrored wardrobes and single radiator. Bedroom 2 Double glazed velux window to front 2x, built in wardrobe and single radiator.

    Lounge/diner Large double glazed feature window to rear, double glazed velux window to rear, double radiator, wall lights and further single radiator.

    Kitchen/diner Double glazed velux window to rear 2x, one and a half stainless steel sink and drainer with mixer taps set in work surfaces, luxury tiling, further range of work surfaces, wall mounted cupboards, wall mounted display cabinets, integrated hob/oven/extractor, single radiator, space for washing machine, space for dishwasher and integrated fridge and freezer.

    Outside Communal gardens, parking and own personal garage.

    Chain free

    Key information

    Tenure
    Leasehold
    See leasehold details below
    Local authority
    East Suffolk
    District
    County
    Suffolk County
    Lease remaining
    955 years
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market7 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market7
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    Still activeDay 7 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4Not verified - check with the council

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    IP5 · Live market data · flat only
    IP5 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Austwick Berry Estate Agents, Kesgrave logo
    Austwick Berry Estate Agents, Kesgrave
    listed on rightmove
    01473943294
    Unit 8 Grange Business Park, Kesgrave, IP5 2BY
    View on rightmove

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    Planning & investor docs
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    FAQ

    Questions

    About Lancaster Drive, Martlesham Heath

    How much is Lancaster Drive, Martlesham Heath?
    The asking price is £220,000.
    What kind of property is Lancaster Drive, Martlesham Heath?
    A 2-bedroom flat in IP5 3TJ.

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