2-bedroom flat · IP16 4WP
To rentListed 1 day
Opportunity summary
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About
Tenure: Leasehold Leiston is a thriving Suffolk market town offering an excellent range of everyday amenities, including independent shops, supermarkets, cafés, schools and leisure facilities.
The town is home to the Sizewell C and Sizewell B developments, making it an increasingly popular location for both owner-occupiers and investors.
Situated just two miles from the Suffolk Heritage Coast, Leiston provides easy access to the sought-after coastal towns of Aldeburgh and Thorpeness, together with the renowned rspb Minsmere Nature Reserve and the beautiful beaches at Dunwich.
For commuters, the nearby market town of Saxmundham offers regular rail services to Ipswich, with onward connections to London Liverpool Street, while the A12 provides convenient road links both north and south.
Originally constructed during the 1950s as a training centre for Garrett Engineering, Colonial House has since served a variety of commercial purposes before being sympathetically converted into ten stylish one and two-bedroom apartments.
Following an extensive refurbishment, the building now offers contemporary accommodation whilst retaining many attractive character features. Approximate Internal Area: 52 sq. M (568 sq.
Ft.) Accommodation Communal Entrance Secure communal entrance with stairs rising to the first floor and access to Flats 7 and 8.
Entrance Hall Private entrance hall with airing cupboard housing the hot water cylinder and doors leading to all accommodation.
Open Plan Kitchen/Living/Dining Room 5.13m x 4.76m (16'9" x 15'7") A bright and spacious open-plan living area with two large wooden sash windows overlooking the communal lawns.
The kitchen is fitted with a stylish range of wall and base units incorporating an integrated electric hob with extractor hood above, built-in oven, integrated fridge and dishwasher.
Engineered oak flooring runs throughout the living space. Bathroom Fitted with a white suite comprising a panelled bath with shower over, low-level WC and pedestal wash hand basin.
Fully tiled walls and flooring with extractor fan. Bedroom One 4.08m x 2.90m (13'4" x 9'6") Two windows to the rear aspect and fitted carpet.
Bedroom Two 3.05m x 2.65m (10'0" x 8'8") Window to the rear aspect and fitted carpet. Outside The property benefits from one allocated parking space located to the front of the building.
There are also communal cycle storage facilities, three visitor parking spaces and a communal refuse storage area situated at the northern end of Colonial House.
Council tax band - B 116 years left remaining on the lease Ground rent: £150.00PA Service charge: £492 per quarter EPC Rating: C Disclaimer Every effort has been made to ensure the accuracy of these particulars; however, they do not form part of any offer or contract and accuracy cannot be guaranteed.
Interested parties should rely on their own inspections and professional advice. All measurements are approximate.
Fixtures, fittings and appliances have not been tested and no guarantee is given as to their condition or operation. Photographs are for guidance only and do not imply inclusion.
No assurance can be given that planning permission, listed building consent or building regulations approval have been obtained.
The agents are not aware of any covenants or restrictions unless stated. Site plans are indicative only and buyers should rely on the Land Registry or transfer plan.
Estate agents are required to verify the identity of sellers and buyers under the Money Laundering Regulations 2017. A Property Information Questionnaire is available on request.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 8, Colonial House Station Road, Leiston
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