2-bedroom flat · IP3 8LB
Sold STCReduced £5k (−3%) on 21 MayListed 227 days
Opportunity summary
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About
NO ONWARD CHAIN - COPLESTON HIGH SCHOOL CATCHMENT AREA- IMMACULATELY PRESENTED DECORATIVE ORDER - OFF-ROAD PARKING SPACE AND GARAGE -SPACIOUS TWO BEDROOM GROUND FLOOR FLAT BEDROOM ONE 17'2" x 7'10" & BEDROOM TWO 9'6" x 8'8" - MODERN KITCHEN AND BATHROOM - 15' X 10' 4" LOUNGE/DINER - DOUBLE GLAZED WINDOWS - GAS CENTRAL HEATING VIA RADIATORS - EXCELLENT FIRST TIME/INVESTMENT PURCHASE - 25% SHARE OF FREEHOLD THE BUYER WILL BE ASKED TO JOIN AS A DIRECTOR OF THE MANAGEMENT COMPANY.
***Foxhall Estate Agents*** are delighted to offer for sale with no onward chain this deceptively spacious ground floor converted apartment situated at the rear of the building and being located just off Foxhall Road on the eastern side of Ipswich within the highly regarded Copleston High School catchment area.
The property is presented in immaculate decorative order and benefits from one off-road parking space along with GARAGE, double glazed windows and gas heating via radiators.
There is a long lease with the property being 999 years from 2023 and the council tax band is an A.
The accommodation comprises entrance hall, lounge/diner with two double glazed windows to the side, 15' x 10'4 well fitted kitchen 7'10"x 6'6", modern bathroom suite, bedroom one 17'2" x 7'10" and bedroom two 9'6" x 8'8".
In the valuer's opinion and early internal viewing is advised.
Entrance Hall - Obscure double glazed door into entrance hall, coved ceiling, thermostat and doors to lounge/diner, kitchen, bedrooms one and two and the bathroom.
Lounge - 4.57m x 3.15m (15'0" x 10'4") - Two double glazed windows to the side, radiator, coved ceiling, dado rail and laminated style flooring.
Kitchen - 2.39m x 1.98m (7'10" x 6'6") - Comprises single drainer stainless steel sink unit with a mixer tap, drawers, cupboards under, roll-top worksurfaces with cupboards and appliance space under, wall mounted cupboards over, wall mounted combination boiler, double glazed window to side, undercounter oven, hob and extractor.
Bedroom One - 5.23m x 2.39m (17'2" x 7'10") - Double glazed window to rear, radiator and coved ceiling.
Bedroom Two - 2.90m x 2.64m (9'6" x 8'8") - Double glazed window to rear, radiator and coved ceiling.
Bathroom - 1.93m x 1.65m (6'4" x 5'5") - Panel bath with a mixer tap and shower attachment and screen, extractor fan, tiling to walls and floor, low-level W.C., pedestal wash hand basin and heated towel rail.
Communal Garden & Parking - Communal driveway leading around to the rear of the property with one allocated parking space immediately in front of the garage. There is a communal garden to the rear.
Garage - Manual up and over door. Agents Notes - Tenure - Leasehold Council Tax Band - A 25% share of the Freehold, the buyer will be asked to join as a director of the management company.
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.
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FAQ
About Foxhall Road, Ipswich
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