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See how verdicts work2-bedroom flat · IP1 2BN
For saleListed 466 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - Loft style living in the heart of Ipswich, this 2 bedroom 2nd floor apartment is currently being used as a very successful Air BNB which the current owner has benefited from after originally living in the apartment for many years.
Located just a few minutes walk from Ipswich main line railway station, a short walk to Ipswich Town centre and vibrant waterfront with its bars and restaurants, next door to Ipswich Town Football Club for the sport enthusiast taking in the atmosphere at home matches.
The apartment can be accessed via a staircase or lift, upon entering into a curved hall leading to 3 bedrooms, bathroom and open plan kitchen/dining/living, steps up to mezzanine area providing another sleeping area, 2 sets of double doors out to a South facing balcony with hot tub & 2 patio heaters, allocated parking space which is like gold dust in these area's.
COMMUNAL ENTRANCE With stairs and lift access to the apartment, rear doors to carpark.
ENTRANCE HALL Door leading to entrance hall with oak flooring, slim line radiator, door access to hot water cylinder, doors to bathroom, bedrooms and open plan living/kitchen/dining room.
LIVING/KITCHEN/DINING 28' 3" x 12' 8" (8.61m x 3.86m) Oak flooring, double glazed window to front aspect, school style radiator, 2 sets of double doors leading out to the balcony, oak fitted eye level and matching base units with granite work tops, matching island with storage drawers and wine rack, Beaumatic 5 ring gas gas cooker with stainless steel splash back and extractor, Beaumatic integrated dish washer, inset stainless steel sink with swan neck mixer tap, space for fridge/freezer, steps up to mezzanine area.
MEZZANINE AREA 24' 6" max x 12' 10" max (7.47m x 3.91m) Steps leading to mezzanine area which provides and extra sleeping area, double door deep built in storage cupboard a further double door storge one with plumbing for washing machine.
BALCONY 28' 3" x 12' 3" (8.61m x 3.73m) South facing balcony with timber decking for flooring, outside lighting, hot tub and 2 patio heaters to remain as part of the sale, tree top views up to Ipswich railway station.
BEDROOM 1 12' 1" x 7' 10" (3.68m x 2.39m) Oak flooring, double glazed window to front aspect, radiator, wall mounted air conditioning unit, 2 door built in wardrobe with storge over.
BEDROOM 2 12' 1" x 5' 10" (3.68m x 1.78m) Oak flooring, double glazed window to front aspect, slim line wall radiator.
BATHROOM Comprising low level WC, wash hand basin, bath with mixer shower attachment, shower cubicle, extractor fan, chrome heated towel rail, tiled flooring, curved feature glass block wall.
OUTSIDE Main front door with access code into communal entry hall with stairs to apartments and lift for access to apartment, rear communal door leads carparking area parking space No137 is allocated to the apartment, remote controlled or code assisted gate for access and leaving.
COUNCIL TAX Council Tax Band (D) £2,358.54 SERVICES we understand all mains services are connected. NEAREST SCHOOLS Hillside primary school, Stoke High school Ormiston Academy.
LEASE DETAILS 125 lease with 100 years remaining. Service charge £2,467.52 charge includes building insurance, communal cleaning and lift maintenance.
Ground rent £800.00 PA AGENTS NOTE: The vendors will consider selling the furniture and furnishings by separate negotiation, please contact us to discuss this further.
DIGITAL MARKETS, COMPETITION AND CONSUMER ACT 2024 (DMCC) Your Ipswich Ltd has not tested any electrical items, appliances, plumbing or heating systems and therefore cannot testify that they are operational.
These particulars are set out as a general outline only for the guidance of potential purchasers or tenants and do not constitute an offer or contract.
Photographs are not necessarily comprehensive or current and all descriptions, dimensions, references to condition necessary permissions for use and occupation and other details are given in good faith and believed to be correct but should not be relied upon as statements of, or representations of, fact.
Intending purchasers or tenants must satisfy themselves by inspection or otherwise as to the correctness of each of them.
We have taken steps to comply with the Digital Markets, Competition and Consumer Act 2024 (DMCC), which require both the seller and their agent to disclose anything, within their knowledge, that would affect the buying decision of the average consumer.
If there are any aspects of this property that you wish to clarify before arranging an appointment to view or considering an offer to purchase, please contact us and we will make every effort to be of assistance.
Your Ipswich Ltd, as part of their service to both vendor and purchaser, offer assistance to arrange mortgage and insurance policies, legal services, energy performance certificates, and the valuation and sale of any property relating to any purchaser connected to this transaction.
Your Ipswich Ltd confirms they will not prefer one purchaser above another solely because he/she has agreed to accept the offer of any other service from Your Ipswich Ltd.
Referral commission (where received) is in the range of £60 to £200.
AGENT´S STAMP DUTY NOTE Please be advised that as of the 1st of April 2025, the government is changing the stamp duty and land tax structure on all residential purchases, which may affect the cost of stamp duty and land tax for your property purchase.
As of the 1st of April 2025, stamp duty and land tax will become due on all residential purchases of £125,000 or more.
First time buyers will be required to pay stamp duty and land tax on all purchases of £300,000 or more.
If you are purchasing a second home, you will also be required to pay an additional 5% stamp duty and land tax.
BROADBAND & MOBILE PHONE COVERAGE Broadband- To check the broadband coverage available in the area go to Mobile Phone- To check mobile phone coverage in the area go to
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
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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
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FAQ
About Churchmans House, Portman Road, Ipswich, Suffolk
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