Studio flat · IP1 4HX
Listing removedReduced £15k (−5.1%) on 29 SepListed 352 days
Opportunity summary
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About
The apartments occupy a prominent position just off the Norwich Road, only a short walk to a parade of shops which includes fast food outlets, Onestop, pharmacy and bus route, the town centre of only a further short distance offering a wide range of facilities including mainline railway link to London's Liverpool Street.
The A14 trunk road offers access in an easterly direction to the A12 and Felixstowe and in a westerly direction to Bury St Edmunds, Cambridge and on to the Midlands.
Both of these apartments offer impressive, generous sized accommodation, finished to a good standard throughout ready for immediate occupation with gas fired heating, PVC double glazing and modern kitchens, bathroom & shower room.
The ground floor apartment has a tenant in situ. The apartments both have independent garden spaces, gates open to a drop curb providing the potential for off road parking or further development.
Viewing is highly recommended to appreciate the size and quality of the accommodation on offer.
Apartment 1A: PVC double glazed entrance door sitting room: 14' 7" x 14' 4" (4.44m x 4.37m) Radiator, tv point, large PVC picture window to the side aspect, feature PVC bay window tot he front aspect.
Inner hall: 18' 9" (5.72m) Long. Glazed doors, radiator, two built-in understairs storage cupboards, glazed double doors open to the kitchen/dining room.
Kitchen/diner: Kitchen area: 12' 6" x 5' 2" (3.81m x 1.57m) Fitted with a good range of contemporary base and wall mounted units having high gloss doors and drawer fronts, fitted worktops inset with stainless steel one and a half bowl sink unit with mixer tap, built-in stainless steel and glass electric oven, ceramic hob above, stainless steel extractor fan connected over, plumbing for washing machine, wall mounted gas fired boiler, wood effect flooring, generous PVC double glazed window to the side aspect.
Dining area: 12' 6" x 7' 8" (3.81m x 2.34m) bedroom 1: 18' 5" x 9' 2" (5.61m x 2.79m) Incorporating a dressing area, radiator, built-in storage cupboard/wardrobe, two large PVC double glazed windows to the side aspect.
Bedroom 2: 12' 9" x 7' 7" (3.89m x 2.31m) Radiator, PVC double glazed window to the side aspect.
Bathroom: 7' 5" x 5' 9" (2.26m x 1.75m) Modern white suite comprises P shaped shower bath with shower connected over and pivot glazed screen, low level wc and pedestal wash hand basin, towel radiator, stone effect wall tiling, wood effect flooring.
Rear hall: 14' 0" x 5' 2" (4.27m x 1.57m) Radiator, half glazed PVC door leads to the garden.
Outside: The garden comprises a good size raised deck with fenced and walled boundaries, wide wooden gate and personal door lead to the pedestrian path and offer potential for vehicular access.
Apartment 1B: External metal staircase. Entrance hall: PVC double glazed entrance door, glazed door to inner hall. Inner hall: Radiator, PVC double glazed window to the side aspect.
Sitting room: 16' 2" x 14' 4" (4.93m x 4.37m) Radiator, chimney breast inset flame effect fire, wood effect flooring, picture rail, feature PVC double glazed bay windows to the front and side aspects.
Kitchen/dining room/living room: 19' 3" x 16' 9" (5.87m x 5.11m) kitchen area: Fitted with a good range of contemporary base and wall mounted units having high gloss doors and drawer fronts, fitted worktops inset with one and a half bowl sink unit, built-in stainless steel and glass electric oven, four ring ceramic hob, stainless steel extractor fan connected over, plumbing for washing machine, built-in double storage cupboard, chimney breast with Victorian style fireplace, decorative surround and tiles, two PVC double glazed windows to the side aspect.
Bedroom 1: 16' 4" x 8' 7" (4.98m x 2.62m) Radiator, built-in linen cupboard, PVC double glazed window to the side aspect.
Bedroom 2: 15' 6" x 9' 9" (4.72m x 2.97m) Radiator, built-in deep double wardrobe with double doors with inset hanging rail, PVC double glazed window to the side aspect.
Bathroom: White suite comprises panel bath with shower mixer tap, low level wc and pedestal wash hand basin, towel radiator.
Shower room: White suite comprises low level wc, pedestal wash hand basin and independent shower enclosure, extensive wall tiling, towel radiator, PVC double glazed window to the front aspect.
Outside: Gated access leads to a substantial raised decking with fenced boundaries.
Postcode: IP1 4HX energy rating: Apartment 1A – C – 77 / Apartment 1B – C – 80 viewing: By arrangement with the agents, Hamilton Smith, or email us at You can also visit our web site
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 1A & 1B, Sherrington Road, Ipswich, Suffolk, IP1
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