1-bedroom flat · IP4 4SP
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular St.
Marys development is this ground floor apartment with allocated car space Along with allocated parking the apartment has double glazed windows, electric heating and a modern kitchen.
There is a secure entry system and the communal hall leads to the apartment. The hallway has a wood effect floor and a built-in cupboard, housing the electric water cylinder and storage.
The sitting/dining room has a west facing window and wood-effect floor.
The kitchen is well equipped with an extensive range of modern base units, integrated double electric oven, four-ring hob and extractor hood.
The spacious bedroom has a westerly facing aspect and built-in wardrobe. The bathroom has a white suite comprising a bath with shower over, basin and WC.
Outside The property is surrounded by communal grounds and gardens and there is allocated parking with further visitor spaces.
Directions Please use a Sat Nav with the postcode IP4 4SP and upon turning into St Marys Road, from Woodbridge Road, follow the road to the bottom where the block can be found on the right hand side.
Important Information Council tax band – B Services – Mains water, drainage and electricity are connected Tenure – Leasehold EPC rating - C Lease information Length of lease – 125 years from 01.01.2002 Service charge – £2093.18 per annum Ground rent – £100 per annum Subject to confirmation from the management company and these charges are for the current year and maybe subject to change.
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
Agent & docs
FAQ
About Flat 4, Simon House, 39, St. Marys Road, Suffolk
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