Studio flat · IP1 3PE
For saleListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY INVESTMENT ONLY - Ipswich & Suffolk Estate Agents are delighted to offer this studio apartment located centrally to West of the town centre, on the desirable Orford Street with close proximity to local shops, cafes and restaurants.
The apartment is currently let on standard AST for £625.00 PCM generating £7,500 per annum. The apartment comprises entrance hall with storage, open plan lounge/bedroom area, kitchen and bathroom.
There are period features, double glazing and electric heating. The current tenant would like to remain. INSPECTION RECOMMENDED.
COMMUNAL ENTRANCE Brush matting, carpeted stairs to first floor with door into apartment. ENTRANCE HALL 8' 1" x 2' 9" (2.46m x 0.84m) Storage cupboard, door into lounge/bedroom.
LOUNGE/BEDROOM 15' 2" x 12' 3" (4.62m x 3.73m) Laminate flooring, double glazed bay window to front aspect, electric heater, storage heater and door to kitchen.
KITCHEN 5' 11" x 5' 8" (1.8m x 1.73m) Matching wall & base units with roll edge work tops, stainless steel sink & drainer, plumbing for washing machine, double glazed sash window to front aspect, electric cooker point, laminate flooring.
SHOWER ROOM 8' 1" x 2' 11" (2.46m x 0.89m) Low level WC, wash hand basin and shower cubicle, extractor fan, laminate flooring.
LEASE DETAILS Lease 999 years commencing in 2022 Service charge £1,200.00 Per Annum Peppercorn Ground Rent SERVICES We understand all mains services are connected (EXCEPT FOR GAS).
COUNCIL TAX Ipswich Borough Council, Tax Band (A) £1,645.50p. NEAREST SCHOOLS St Matthews C. of E. primary school & Westbourne Academy.
DIGITAL MARKETS, COMPETITION AND CONSUMER ACT 2024 (DMCC) Your Ipswich Ltd has not tested any electrical items, appliances, plumbing or heating systems and therefore cannot testify that they are operational.
These particulars are set out as a general outline only for the guidance of potential purchasers or tenants and do not constitute an offer or contract.
Photographs are not necessarily comprehensive or current and all descriptions, dimensions, references to condition necessary permissions for use and occupation and other details are given in good faith and believed to be correct but should not be relied upon as statements of, or representations of, fact.
Intending purchasers or tenants must satisfy themselves by inspection or otherwise as to the correctness of each of them.
We have taken steps to comply with the Digital Markets, Competition and Consumer Act 2024 (DMCC), which require both the seller and their agent to disclose anything, within their knowledge, that would affect the buying decision of the average consumer.
If there are any aspects of this property that you wish to clarify before arranging an appointment to view or considering an offer to purchase, please contact us and we will make every effort to be of assistance.
Your Ipswich Ltd, as part of their service to both vendor and purchaser, offer assistance to arrange mortgage and insurance policies, legal services, energy performance certificates, and the valuation and sale of any property relating to any purchaser connected to this transaction.
Your Ipswich Ltd confirms they will not prefer one purchaser above another solely because he/she has agreed to accept the offer of any other service from Your Ipswich Ltd.
Referral commission (where received) is in the range of £60 to £200.
AGENT´S STAMP DUTY NOTE Please be advised that as of the 1st of April 2025, the government is changing the stamp duty and land tax structure on all residential purchases, which may affect the cost of stamp duty and land tax for your property purchase.
As of the 1st of April 2025, stamp duty and land tax will become due on all residential purchases of £125,000 or more.
First time buyers will be required to pay stamp duty and land tax on all purchases of £300,000 or more.
If you are purchasing a second home, you will also be required to pay an additional 5% stamp duty and land tax.
BROADBAND & MOBILE PHONE COVERAGE Broadband- To check the broadband coverage available in the area go to Mobile Phone- To check mobile phone coverage in the area go to
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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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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Orford Street, Ipswich, Suffolk
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