2-bedroom flat · IP5 2HS
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fenn Wright are pleased to offer this ground floor 2 bed apartment in a well presented building on Grange Farm, Kesgrave.
Accomodation comprises communal entrance hall, entrance hall, living room/kitchen, two bedrooms and bathroom.
Offered with no chain, and currently vacant this property should achieve somewhere in the region of £950pcm rent. The property has double glazing, gas heating and parking space.
Viewing highly recommended. Communal entrance hall with access to mail boxes. Entrance hall with radiator, airing cupboard and door to all main rooms.
Kitchen/Living Room 18'3 max x 8'10 A fitted kitchen with range of base units, hanging wall cupboards, worktops and drawers, built in oven and hob.
One and a half drainer sink, tiled splashbacks, space for fridge freezer, plumbing for washing machine. Doulbe glazed window and radiator.
Bedroom One 13'9 x 8'7 Double glazed window and radiator Bedroom Two 9'2 x 8'5 Doulbe Glazed window and Radiator Bathroom 9'5 x 5 Panelled bath with electric shower over, low level WC, pedastal wash basin, radiator.
Extractor fan. Location Grange Farm, Kesgrave Important Information Council Tax Band A EPC rating C East Suffolk Council Service Charge £1060 pa Ground Rent £350 pa Lease is 125 years from 2008
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 6 Chandler Court,, Newman Drive, Ipswich
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