2-bedroom flat · IP17 1FQ
Sold STCReduced £15k (−7.7%) on 20 MayListed 366 days
Opportunity summary
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About
An immaculately presented two bedroom first floor apartment situated in the popular town of Saxmundham.
The market town of Saxmundham lies just off the A12, offering a good range of traditional shops in its High Street centre and further amenities within the town including; both primary and free schools, library, doctors and dentists surgeries, Waitrose and Tesco supermarkets.
The local railway station which lies just west of the town centre, gives hourly services to Ipswich, which has regular services to London Liverpool Street.
Description - We are delighted to offer for sale this first floor two bedroom apartment.
This ideal first time purchase or investment property benefits from an entrance hall, lounge/kitchen, two double bedrooms with fitted wardrobes and an en-suite to the principal bedroom, as well as a spacious family bathroom.
Externally, the property benefits from two allocated parking spaces, bin store and communal bike shed.
Accommodation - Communal security intercom door to communal hall with apartment situated on the first floor. The only first floor apartment located off this entrance.
Entrance Hall - Two good size storage cupboards, doors to: Open Plan Lounge / Kitchen - Living space comprises double glazed windows.
Kitchen area offers a range of matching base and wall mounted units, fitted oven, hob and extractor, tiled floor, space for fridge/freezer and tumble dryer, plumbing for washing machine.
Principal Bedroom - Double glazed window, door to: Ensuite - Double glazed window, three piece suite comprising low-level W.C, pedestal wash hand basin, shower cubicle, Bedroom Two - Double glazed window, built in wardrobe and built in storage cupboard housing boiler.
Radiator. Bathroom - Three piece suite comprising low-level W.C, pedestal wash hand basin, bath, radiator. Outside - Two allocated parking spaces. Communal bike sheds and bin store.
Tenure - Leasehold (Details TBC). Outgoings - Council Tax Band currently A. Service Charges - Service Charge 24/25: £858 per annum. Ground Rent 24/25: £130 per annum.
Services - Mains electricity, gas, water and drainage. Viewing Arrangement - Please contact Flick & Son, Ashford House, High Street, Saxmundham, IP17 1AB for an appointment to view.
Email: Tel: Ref: 20648/RDB.
Fixtures & Fittings - No fixtures, fittings, furnishings or effects save those that are specifically mentioned in these particulars are included in the sale and any item not so noted is expressly excluded.
It should not be assumed that any contents, furnishings or furniture shown in the photographs (if any) are included in the sale. These particulars do not constitute any part of any offer or contract.
They are issued in good faith but do not constitute representations of fact and should be independently checked by or on behalf of prospective purchasers or tenants and are furnished on the express understanding that neither the agents nor the vendor are or will become liable in respect of their contents.
The vendor does not hereby make or give nor do Messrs Flick & Son nor does any Director or employee of Messrs Flick & Son have any authority to make or give any representation or warranty whatsoever, as regards the property or otherwise.
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 Beech Road, Saxmundham
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