1-bedroom flat · IP12 2UA
Listing removedListed 112 days
Opportunity summary
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About
Palmer & Partners are delighted to present this nicely presented one double bedroom first floor apartment which is being sold with no onward chain.
The apartment is situated in the sought-after village of Rendlesham within walking distance of Jubilee Park and village amenities including local shops, doctors and dentist, hairdressers, and vets and there is a local bus service.
There is one allocated parking space, and the apartment would make an ideal first time/investment purchase with a current rental figure being £550 to £650 pcm.
The accommodation comprises a 21ft lounge, kitchen, one double bedroom, and a bathroom.
Leasehold information: Length of lease - 999 years from September 1999 Management fees - £81.75 per month which includes water bill Building insurance - £429.12 per annum Ground rent - £50 per annum The popular village of Rendlesham is approximately six miles out of the market town of Woodbridge with Aldeburgh being just a short drive away, and is built around the former RAF Bentwaters.
Village amenities include a community centre, doctor's surgery, dentist, newly opened Co-op supermarket, vets, hairdressers, fish & chip shop, bar, as well as taxi companies and a range of businesses on Bentwaters Park and Rendlesham Mews.
The village also has a highly regarded primary school, children's nursery, care home and two churches and there are two buses that run through the village.
Rendlesham Forest is a haven for walkers and cyclists with the Arts & Cultural centre of Snape Maltings within striking distance.
Rendlesham falls within the popular Farlingaye High School catchment area in Woodbridge. Secure Entry System Into: Communal entrance hall with stairs to the first-floor apartment.
First Floor Landing A separate good-sized secure storage cupboard for the property is located on the landing adjacent to the apartment. An entrance door leads into the apartment.
Lounge (6.5m x 2.8m) Double-glazed window to the front aspect overlooking the communal grounds, a wall-mounted electric heater, access to the loft, a built-in double cupboard, and a door leading to: Kitchen (2.6m x 1.88m) Fitted with matching eye and base units, roll edge work surfaces, sink and drainer, tiled splashbacks, space for appliances, and a double-glazed window to the rear aspect.
Bedroom (3.23m x 2.7m) Double-glazed window to the front aspect overlooking the communal grounds, a wall-mounted electric heater, and built-in double cupboard.
Bathroom There is a low-level WC and bath with shower over, tiled splashbacks, and a window to the rear aspect.
A door then leads to a vanity unit with sink and storage beneath, and a wall-mounted fan heater.
Outside The apartment comes with one allocated parking space and access to communal grounds which are laid to lawn with a paved courtyard.
Section 21 In accordance with Section 21 of the “Estates Agents Act 1979” we would advise all interested parties that the vendor of this property is an employee of Palmer & Partners Estate Agents.
Value & comps
No previous sales on record.
Returns
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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.
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Area
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FAQ
About 18, Avocet Mews, Suffolk
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