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See how verdicts work2-bedroom flat · IP12 1AE
Listing removedListed 227 days
Opportunity summary
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About
A FABULOUS MODERN TWO BEDROOM FLAT WITH BALCONY AND VIEWS TOWARDS THE RIVER.
Old Maltings Approach is a modern traditionally built secured development of apartments in a quiet tucked away position, close to the river and giving access to nearby walks and only a short walk from the train station and the top of the Thoroughfare into Woodbridge.
The accommodation which is well presented, is located on the first floor with lift and stair access, Benefitting from electric heating throughout, it comprises a modern kitchen 2 double bedrooms, family bathroom and en-suite shower room and a generous and well-proportioned living/dining room.
The front door leads to a lobby with store cupboard through to the hallway.
At the end is the living room with sitting and dining areas, a bay window, double doors to a Juliet balcony with views across to the river.
This space in turns open to a kitchen with a range of base and wall units, built-in oven and hob with extractor over, dishwasher, stainless steel sink with mixer tap and space for a fridge/freezer.
A water softener is installed. The principal bedroom is a generous double bedroom with en-suite shower room, recently updated. A second double bedroom, presently used as an office.
The family bathroom comprises paneled bath, pedestal wash basin, close coupled WC and heated towel rail.
Outside Outside the property benefits from a communal garden , secure gated entrance, an allocated parking space and the use of visitor parking.
Services Mains water, electricity and drainage connected. There is an internal lift to all floors. According to Ofcom there is superfast broadband available.
Mobile coverage is likely from all networks. Service charge is currently £2,416 running from Jan to Jan. Ground rent is £75 every 6 months. There are 102 years left on the lease.
What3words salary.bookings.pupil. Council Tax B EPC C
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.
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