2-bedroom flat · IP4 2BT
Listing removedListed 243 days
Opportunity summary
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About
Chapel Mews is a secure gated development of just six new style apartments located in the heart of Ipswich town centre and just a very short walk to Christchurch Park.
This stunning first-floor two-bedroom duplex apartment, with living accommodation arranged over two floors including a large mezzanine bedroom, has high ceilings and sash windows, and comes with one allocated parking space in a secure communal carpark to the front with electronically operated double gates.
As agents, we recommend the earliest possible internal viewing to appreciate the quality of accommodation on offer which comprises spacious entrance hall, 19ft living room with spiral staircase to the mezzanine, bedroom two, modern kitchen, stylish bathroom, and on the mezzanine is the 15ft master bedroom with ample eaves storage.
Leasehold information: Lease - 999 years from 1.7.2002 Ground rent - £200 per annum Maintenance charge – £500 per annum Service charge - £126.70 per month The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station with a journey time of approximately 1hr 15mins.
The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.
Council tax band: C EPC Rating: C Secure Entry System Into: Communal entrance hall with tiled flooring and stairs to the first-floor apartment.
Entrance Hall Wall-mounted phone entry system; radiator; a large set of double doors opening into the living room; and doors to the bedroom, kitchen and bathroom.
Living Room 19' 4" x 13' 1" Two sash windows to the front aspect, radiator, high ceiling with inset spotlights, and feature spiral staircase to the master bedroom on the mezzanine level.
Bedroom Two 9' 10" x 8' 0" Two sash windows to the rear aspect and radiator.
Kitchen 9' 10" x 5' 11" Fitted with a range of modern eye and base level units, roll edge work surfaces, sink and drainer, tiled splashbacks, integrated oven and gas hob with extractor hood over, space for a fridge freezer and washing machine, and sash window to the rear aspect.
Bathroom A stylish three-piece suite comprising bath with shower over and shower screen, low-level WC and pedestal hand wash basin; heated towel rail; part tiled walls; and opaque sash window to the side aspect.
Mezzanine Level Master Bedroom 15' 5" x 13' 1" There is a balcony overlooking the living room, radiator, recess with window to the rear aspect and space for a desk, vaulted ceiling with inset spotlights, and ample eaves storage.
Outside The apartment has access to a large communal courtyard garden and has one allocated parking space in a communal carpark to the front.
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
About Bolton Lane, Ipswich, Suffolk, IP4
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