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See how verdicts work2-bedroom flat · IP18 6LP
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two-bedroom apartment in an enviable seafront location in Southwold benefitting from stunning sea views Ideally situated just moments from the seafront, this attractive first floor apartment offers well-proportioned and versatile accommodation, making it an ideal permanent home, coastal retreat or holiday letting opportunity.
The apartment is approached via a private staircase which leads into a central entrance hall. From here, the accommodation flows naturally to the principal rooms.
The generous sitting room is a light and welcoming space, providing plenty of room for comfortable seating and dining.
The room has an attractive layout with a number of windows allowing natural light to fill the space, creating an ideal setting in which to relax and entertain.
The separate kitchen is well proportioned and offers ample space for a good range of fitted units and appliances, together with additional room for informal dining or preparation.
Its generous proportions make it a practical and sociable part of the apartment.
There are two comfortable bedrooms, both enjoying good proportions and offering flexibility for guests, family or those wishing to create a home office.
The principal bedroom is particularly well suited as a spacious main bedroom, while the second bedroom provides useful additional accommodation.
The bathroom is generously sized and fitted with a full-size bath, wash basin and WC, with useful space around the suite.
Overall, this is a well-proportioned first floor apartment in an outstanding Southwold location.
Its combination of spacious accommodation, separate kitchen, two bedrooms and proximity to the seafront makes it an appealing opportunity for those looking to enjoy everything this much-loved coastal town has to offer.
Services - Mains services are connected. (Durrants has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. Tenure - Leasehold.
999 Years starting 26/10/1988. Annual service charge of £3,490 Viewing - Strictly by appointment with the agent's Southwold Office. Local Authority - East Suffolk Council.
Not registered for Council Tax band D Agents Notes - To comply with HMRC's regulations on Anti-Money Laundering (AML), we are legally required to conduct AML checks on every purchaser once a sale is agreed.
We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
The cost of anti-money laundering (AML) checks are £30 including VAT per person, payable in advance after an offer has been accepted.
This fee is mandatory to comply with the regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 North Parade, Southwold
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