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See how verdicts work2-bedroom flat · IP2 8JB
Sold STCListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home from Home are delighted to offer for sale this immaculately presented first floor apartment in a central location within a few minutes walk of the vibrant Ipswich waterfront, town centre and the train station.
It also has very easy access to the main A14 and A12 trunk roads. This property has an exceptionally spacious feel with large windows letting in plenty of light.
The windows are all upvc double glazed throughout the flat. The doors off the hallway into each room are part glazed which also amplifies the light airy feel in the flat.
The good sized balcony provides welcome outside space with ample room for a table and chairs to sit and enjoy these warmer days and evenings.
The flat benefits from having off road permit parking for one car and the option to apply for a visitor permit for a second car.
** The apartment will have vacant possession and there is no onward chain ** Hallway 0.87sqm x 4.21sqm 4.21m x 0.87m (13'8") Flush ceiling light fixture. Dado rail. Tiled flooring.
Wall mounted fuseboard. Wooden doors to airing cupboard housing hot water cylinder with slatted wooden shelving.
Lounge/Diner 3.9sqm x 4.76sqm 4.76m x 3.9m (15'7" x 12'10") Double glazed window to front. Wall mounted eco electric heater. Pendant light. Laminate flooring. Dado rail. TV point.
Upvc door through to Balcony. Kitchen 3.28sqm x 3.32sqm 3.32m x 3.28m (10'11" x 10'9") Double glazed window to rear. Wood laminate flooring. Ceiling mounted spotlights.
Selection of base and eye level units. Laminate worktop. Laminate splashback. Sink with draining board and stainless steel mixer tap. Gas cooker with stainless steel extractor hood above.
Cooker, fridge freezer and washing machine also available if required. Bedroom 1 3.0sqm x 4.54sqm 4.54m x 3m (14'11" x 9'10") Double glazed window to front. Wood laminate flooring.
Pendant light. Eco electric heater. Bedroom 2 3.0sqm x 3.3sqm 3.3m x 3m (10'10" x 9'10") Double glazed window to rear. Pendant light. Laminate flooring. Eco electric heater.
Bathroom 1.98sqm x 2.28sqm 2.28m x 1.98m (7'6" x 6'6") Double glazed window to rear. Vinyl flooring. Ceiling mounted light fitting. Wall mounted electric heater. Corner shower.
Wash basin with stainless steel taps. Low level flush w/c. PVC panelled boarding on walls.
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 Vernon Street, Ipswich, Suffolk
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