2-bedroom flat · IP5 2EQ
To rentListed 1 day
Opportunity summary
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About
Offered to let unfurnished is this first floor apartment with allocated car space which is situated on the popular Grange Farm development Along with electric heating and double glazed windows the apartment is fortunate enough to share the communal entrance with just one other property.
The apartment itself is accessed via a hall which has two built-in cupboards. Double doors lead into the sitting room which has a triple aspect outlook.
Adjacent to this is the kitchen which is equipped with a range of base units, wall cupboards, work tops and drawers. There is an integrated oven, hob and extractor hood.
Other appliances will not be maintained or replaced by the landlord. The main bedroom is a nice size double room and the second bedroom has a built-in cupboard.
The bathroom comprises a bath, basin and WC. Outside There are communal gardens and a communal car park of which you will receive one allocated space which is number 21.
Important Information The rent is exclusive of utilities and council tax.
Minimum term: 12 months Deposit: £1,096.15 Availability: 10th December Non Smokers Council tax band - B EPC rating - C Services - We understand that mains water, drainage and electricity are connected to the property.
Broadband Availability - Standard and Superfast available (Ofcom Broadband Checker - October 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE and Vodafone.
(Ofcom Mobile Checker – October 2026) Holding deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Wilkes Court, Ipswich
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