1-bedroom flat · IP2 0RG
Listing removedReduced £10k (−8%) on 21 JulListed 232 days
Opportunity summary
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About
*** guide price: £130,000 to £140,000 *** This stylish first-floor one-bedroom apartment is ideally located close to Ipswich mainline train station and within easy reach of many of the town’s key attractions.
The property benefits from an allocated gated parking space with remote controlled access, central heating with individual thermostatic controls, double glazed windows, motion sensor security lighting, LED lighting throughout, and fitted smoke detectors.
The accommodation is accessed via a secure entrance hall with phone entry system and includes a generous 20ft open plan kitchen / living / dining room with integrated appliances, a double bedroom, and a modern bathroom.
As agents, we recommend early internal viewing to fully appreciate the quality and convenience of the accommodation on offer.
Leasehold information: Lease - 125 years from 1.3.2017 Service charge - £1,711 per annum Ground rent - £300 per annum The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station with a journey time of approximately 1hr 15mins.
The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.
Secure Entry System Into: Communal entrance hall with stairs to the first-floor apartment. Entrance Hall Wall-mounted phone entry system, built-in cupboard, and doors to all rooms.
Kitchen / Living / Dining Room (6.25m x 3.86m) The kitchen features a range of modern j-Pull eye and base units with drawers, roll edge work surfaces and matching upstands, and a sink with drainer.
Integrated appliances include a washing machine, fridge freezer, electric oven, and electric hob with extractor hood.
Ceiling mounted spotlights provide modern illumination, and a side aspect window brings in natural light.
The space opens seamlessly into the living / dining area which benefits from windows to both the front and side aspects, along with a radiator.
Double Bedroom (4.24m x 2.95m) Two windows to the front aspect and a radiator.
Bathroom (2.5m x 1.96m) A stylish three-piece suite comprising a bath with shower over and glass shower screen, pedestal wash basin, and low-level WC.
The bathroom includes a heated towel rail and tiled splashbacks. Outside The apartment comes with one gated allocated parking space.
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
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FAQ
About Flat 22 Ravens Place, 218, Hawthorn Drive, Suffolk
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