1-bedroom flat · IP11 2JZ
Listing removedListed 162 days
Opportunity summary
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About
Vikings are pleased to offer 'For Sale' this converted one bedroom first floor flat, forming part of a older style grade II listed building in Felixstowe.
The property is close to local amenities and within easy access of the A14 and Port Of Felixstowe complex. Approximately one mile from both Felixstowe town centre and sea front.
The property is to be sold with no onward chain and with a new 125 lease upon completion. The flat would benefit from some general updating.
Communal Entrance Door: Leading to:- Communal Entrance Hallway: With stairs leading to first floor flat.
Flat Entrance Door: Leading to:- Hallway: With doors leading to bathroom and lounge/kitchenette, security entry phone, .
Lounge/kitchenette: 14'2" narrowing to 9'7" x 15'8" narrowing to 9'7" (4.32m x 4.78m) , Kitchen area - stainless steel sink and drainer with cupboard under, further range of base unit and drawers incorporating work surface with tiled splash backs, matching eye level wall cupboards.
Window to front aspect.
Lounge area - Window to front and side aspect and 2 x radiators, built in storage cupboard, door to:- Bedroom: 11'4" x 9'6" (3.45m x 2.90m) , Radiator and window to side aspect, built in cupboard containing gas boiler (not tested) Bathroom: White bathroom suite comprising of panel bath with shower attachment over, pedestal wash basin, low level w.c., extractor fan, radiator.
Outside: Shingle driveway off Grange Road that leads down to the rear of the building for parking area.
Mature communal gardens to front and rear with established trees and shrubs and mainly laid to lawn with a drying area.
The flat benefits with an outside storage cupboard located at the rear of the property. Lease information: A new lease term of 125 years will commence on completion of sale.
Estate/Service charge £2352.44 per annum Ground Rent - Peppercorn ground rent Note: We have not tested any electrical systems, appliances, plumbing or heating systems and cannot testify that they are in working condition.
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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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 Grange Road, Felixstowe, IP11
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