1-bedroom flat · IP3 8TF
Sold STCListed 531 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No Onward Chain ** **No Service Charge** We are delighted to offer for sale this very well presented one bedroom apartment situated in the desirable purdis farm area of Ipswich.
The property comprises entrance hall, lounge/diner, kitchen, bedroom and bathroom.
Further benefiting from allocated parking, private rear garden and double glazing this ground floor apartment is deserving of internal viewing to fully appreciate the accommodation on offer.
The county town of Ipswich is served by a wide range of local amenities including schools, University, shops, doctors, dental surgeries, hospital, two theatres, parks, recreational facilities and mainline railway station providing direct links to London Liverpool Station.
The town has also undergone an extensive rebuilding and a gentrification programme principally around the vibrant waterfront which now boasts some lovely bars and restaurants.
This property would be ideal for a home to call your own or as an investor looking for an addition to their portfolio with a property such as this generating an income of £950 pcm.
Entrance Hall Storage heater, two cupboards, doors through to; Lounge/Diner 13'4 x 13'4 Double glazed front aspect window, storage heater.
Kitchen 11'8 x 6'2 Comprising base & eye level fitted units with gloss black finish, work surface with sink & drainer, oven & hob with extractor over, space for fridge/freezer, space for washing machine, space for dishwasher, double glazed window to rear aspect.
Bedroom 10'3 x 9'0 Double glazed window to rear aspect and electric heater, with built in wardrobe Bathroom 6'8 x 5'5 Suite comprising of a panel bath, low level w/c, wash basin, extractor fan and heated towel rail.
Rear Garden Laid to lawn at rear, with a west facing rear garden, fully enclosed Front of Property The front of the property has shingle and a foot path leading to the front door.
The parking for the apartment is to the side of the building. Agents Note Leasehold property Ground Rent is £100 p.a Service Charge £0 p.a Council Tax Band - A
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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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 61, Pearse Way, Ipswich
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