2-bedroom flat · IP12 2TJ
Listing removedListed 51 days · slow let
Opportunity summary
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About
A well presented first floor flat situated in the popular village of Rendlesham situated some six miles from Woodbridge.
The spacious accommodation comprises a large kitchen/diner, living room, two double bedrooms, a large store/hobbies room, and bathroom.
There's allocated parking, electric heating and double glazed windows.
Situated on the popular Rendlesham development some 6 miles from Woodbridge with Aldeburgh and the Heritage Coast in the other direction, the Village has grown and matured with a great sense of community.
The centre has a convenience store, vets, hairdressers, bar and there are numerous play areas, plus a primary school rated Good by Ofsted and a doctor's surgery and NHS dental practice.
Property additional info The Accommodation: The first floor flat is accessed via a set of stairs on the outside of the building in to a private hallway which has plenty of storage including what is a very large store/hobbies room (no window).
There's a generous kitchen/diner with a built-in oven, hob and cooker hood and a door to the living room. There are two double bedrooms and a bathroom.
Outside there is an allocated parking space in the car park, and access to a storage shed in the garden below (no use of garden other than access).
PLEASE NOTE - PHOTOS FROM DATE PRIOR TO EXISTING LETTING. (2024) Roof type: Concrete roof tiles. Mobile signal/coverage: Good. Flooded in the last 5 years: No. Does the property have flood defences?
No. Building Safety: None of the above. Construction materials used: Brick and block. Heating Supply: Others. Broadband internet type: ADSL copper wire.
Does the property have required access (easements, servitudes, or wayleaves)? Yes. Do any public rights of way affect your your property or its grounds? No. Parking Availability: Yes.
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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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 Spencer Road, Rendlesham, IP12 2TJ
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