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See how verdicts work2-bedroom flat · IP2 8EB
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ML Property are pleased to offer for sale this spacious 2 bedroom first floor flat situated within a popular residential area of Ipswich, a short distance from the Marina and Railway station.
The property which represents an ideal FTB or Investment purchase is offered with No Onward Chain.
The Property The spacious first floor flat affords the following accommodation - hallway, bedroom with en-suite shower room, further bedroom, a Large sitting room with kitchen and bathroom off.
As previously mentioned the property represents an ideal first time buy or investment purchase and is offered with Vacant Possession.
Room Sizes Hallway Bedroom 1 - 3.71m (12'2) x 4.25m (13'11) En-Suite Shower Room - 3.09m (10'1) x 1.53m (5'0) Bedroom 2 - 2.60m (8'6) x 2.85m (9'4) Bathroom - 1.82m (5'11) x 2.84m (9'3) Sitting Room - 5.24m (17'2) x 5.63m (18'5) Kitchen - 1.88m (6'1) x 4.35m (14'3) About the area The property is situated on the Eastern side of Ipswich and and as mentioned close to the Marina and Railway Station along with being close to local amenities and schooling with good road links to the A14 East and West bound.
Services - Mains water, drainage and electricity. Central heating is provided from an electric boiler serving radiators throughout.
Local Authority Ipswich Borough Council - Band B Material Information attached Lease Details 125 Years from 2008 Ground Rent is £100 Per Annum Service Charges is administered by an RTM Company with charges currently at £750 Per Annum and buyers are invited to join the RTM if they so wish.
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 Croft Street, Ipswich, Suffolk, IP2
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