1-bedroom flat · IP11 0UL
Listing removedListed 197 days
Opportunity summary
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About
We are pleased to offer 'For Sale' this modern purpose built studio flat situated in the village of Trimley St. Martin with easy access to A14 and approximately 3 miles from Felixstowe.
In need of some general updating, this studio flat would make an ideal first time or investment purchase. The property comprising of lounge/bedsitting room, kitchen, dressing area and shower room.
It benefits from electric heating, double glazing and communal gardens. Sold with no onward chain. COMMUNAL ENTRANCE DOOR -: You can access the building via communal side or front entrance door.
COMMUNAL ENTRANCE HALL: Stairs leading to first floor studio apartment. FLAT ENTRANCE DOOR: Leading to:- LOUNGE/BEDROOM: 14'10" x 8'10" (4.52m x 2.69m) , Fitted carpet. Telephone point. T.V. socket.
Upvc double glazed window to rear aspect. Wall mounted electric heater. KITCHEN: 8'8" x 6'0" (2.64m x 1.83m) , Fitted kitchen comprising of stainless steel sink and drainer with cupboard under.
Range of eye level wall units. Laminated work surfaces with tiled surround. Space for electric cooker, fridge/freezer and space and plumbing for washing machine. Tall pantry unit.
Electric wall mounted fan heater. Vinyl flooring. Upvc double glazed window to rear aspect. Built in airing cupboard housing electric hot water tank.
DRESSING AREA: 8'9" x 4'0" (2.67m x 1.22m) , With fitted carpet. Built in open wardrobe. Access to loft space. Consumer unit.
SHOWER ROOM: Comprising of built in shower cubicle with electric shower with aquaboarding. Enclosed wash basin and low level w.c. Wall mounted electric heater. Frosted window to side aspect.
Vinyl flooring. OUTSIDE: Allocated parking space. Communal shared gardens.
LEASE INFORMATION: We understand from the vendor that the lease has approximately 76 years remaining, with a ground rent of £60 per annum.
The lease states that the leaseholder is responsible for the maintenance and upkeep of the grounds, parking areas, and garden, as well as the associated costs, which are recoverable from the other leaseholders within the building.
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
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FAQ
About Meadow Close, Trimley St Martin, IP11
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