1-bedroom flat · IP5 3AB
For saleListed 2 days
Opportunity summary
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About
We are pleased to offer 'For Sale' A MCCARTHY & STONE for over 60's First Floor apartment in the popular SQUADRON HOUSE on MARTLESHAM HEATH.
Accommodation comprises entrance hall, utility cupboard, sitting/dining room, kitchen, bedroom with walk -in wardrobe, and shower room.
An early viewing is strongly advised to avoid disappointment of the accommodation on offer. No onward chain.
The apartment is located within Martlesham Heath which is a fantastic development between the towns of Ipswich and Woodbridge.
The village has many amenities, including a doctors, pharmacy, butchers, bakery, Morrisons Daily, church, public house and a village green with pavilion.
In addition, there is an aviation museum, as well as Martlesham Retail Park with Tesco Extra, Next, M&S Food Hall, DIY stores, and other outlets.
Communal Entrance: Key fob entry system into the main reception with access to the shared lounge and all apartments via private entrance door.
Entrance Hall: Spacious entrance hall with digital control panel and, fitted carpet, double doors to the utility cupboard (Double cupboard housing the water tank with useful shelving and plumbing for washer/dryer).
Doors to the sitting/dining room, bedroom and shower room.
Shower Room: 7'3" x 6'9" (2.21m x 2.06m) , Walk-in shower, hand wash basin with storage beneath and WC, part tiled walling, tiled flooring, heated towel rail.
Sitting/dining Room: 21'8" x 11'11" (6.60m x 3.63m) , Window and door (inward opening) to rear with Juliette balcony, There is space for a dining table as well as a comfy seating/sofa area.
Fitted carpet. Electric heater. TV and telephone points.
Kitchen: 7'10" x 7'3" (2.39m x 2.21m) , An excellent modern fitted kitchen with a window to rear and range of matching base and eye level units with worktops over, sink, built-in oven, hob and extractor over, with an integrated slimline dishwasher and fridge/freezer.
Bedroom: 14'4" x 9'2" (4.37m x 2.79m) , Window to rear aspect, fitted carpet, TV point and walk-in wardrobe which provides excellent storage provided by hanging rails and shelving.
Outside: Impressive communal garden with lawn and patio areas, with resident car park (this is subject to availability and subject charge).
Notes: Tenure - The remainder of a lease term of 999 years from 2023. Annual service charge approx. £4,000 per annum.
The service charge covers the following: Onsite house manager, during working hours 24-hour emergency call system Water rates for communal areas and apartments Contingency fund including internal and external redecoration of communal areas Buildings insurance Cleaning of communal windows Electricity, heating, lighting and power to communal areas Upkeep of gardens and grounds Repairs and maintenance to the interior and exterior communal areas The service charge does NOT cover external costs such as your Council Tax, electricity or TV, to find out more about service charges please contact the House Manager.
Services - we understand that mains electricity, water and drainage are connected to the property. Council tax band B
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
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FAQ
About Eagle Way, Martlesham Heath, IP5
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