Studio flat · IP4 1NF
Listing removedReduced £12.5k (−17.2%) on 21 JunListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought after St.
Edmund House development in the heart of Ipswich town centre and ideally situated for access to the waterfront, lies this third floor studio apartment which comes with an underground allocated parking space.
This spacious apartment is being sold with no onward chain and benefits from double glazing, gas central heating, and key fob entry system.
The accommodation comprises 24ft open plan kitchen / living / bedroom with en-suite shower room.
Lease information: Lease – 125 years from 3.2.2016 Ground rent - £300 per annum (£150 six-monthly) Maintenance charge - £1,761.34 (£880.67 six-monthly) The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station.
The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.
Communal Entrance Hall Stairs and lift up to the third floor apartment.
Open Plan Kitchen/Living/Bedroom (7.34m x 5m) There is a double glazed Velux window, radiator, and door through to the en-suite shower room.
The kitchen area is fitted with a range of modern eye and base level units with roll edge work surfaces; inset sink and drainer; integrated under counter fridge, oven and hob with extractor hood over; space for fridge freezer; and built-in utility cupboard housing the boiler with space for a washing machine.
En-Suite Shower Room Three piece suite comprising shower cubicle, low-level WC and hand wash basin; and heated towel rail. Parking The apartment comes with an underground allocated parking space.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About 71 St. Edmund House,, Rope Walk, Suffolk
Explore nearby