2-bedroom flat · IP17 1EF
Listing removedReduced £5k (−4%) on 9 JulListed 245 days
Opportunity summary
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About
Tenure: Leasehold A spacious ex-local authority two-bedroom first floor flat, offering well-proportioned accommodation throughout.
The property benefits from double glazed windows, communal parking and is offered for sale with no onward chain.
Although requiring updating and modernisation, the property provides excellent space and presents a fantastic opportunity for a first-time buyer or buy-to-let investor.
Communal Entrance Stairs rise to the first floor with uPVC glazed door opening into: Entrance Hall Radiator, loft access via hatch and built-in storage cupboard.
Kitchen Fitted with a range of wall and base units, roll-edge work surfaces and single drainer sink unit. Window to the rear aspect.
Plumbing for washing machine, space for under-counter fridge and freezer, space for oven, tiled walls and additional storage cupboards. Water softener installed.
Living Room Good-sized reception room with window to the side aspect and radiator. Main Bedroom Spacious double bedroom with large window to the side and radiator.
Bedroom Two Further double bedroom with window and radiator. Bathroom Suite comprising panel bath with overhead electric shower, pedestal wash basin and WC. Fully tiled walls and window.
Outside There is a small garden area which is useful for hanging clothes etc. There is also a brick build storage shed.
Location - Saxmundham The property is situated in the popular market town of Saxmundham, which offers a range of local amenities including supermarkets, independent shops, cafés and restaurants.
The town benefits from a railway station providing links to Ipswich and connecting services to London Liverpool Street.The Suffolk Heritage Coast, including the popular seaside towns of Aldeburgh and Southwold, is within easy reach, making this an attractive location for both homeowners and investors.
Lease Information The property is held on a 125-year lease commencing 29th September 1989. Ground Rent: £10 per annum Service Charge: £30.40 Payable annually (details available upon request).
Council Tax Band A Local Council East Suffolk House, Station Road, Melton, Woodbridge, IP12 1RT Services Electricity, Gas, mains drains and water are connected to the property.
Agenst Note Items depicted in the photographs are not necessarily included in the sale.
Value & comps
No previous sales on record.
Returns
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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 99 Saxon Road, Saxmundham
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