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See how verdicts work1-bedroom flat · NR34 9SQ
Listing removedListed 417 days
Opportunity summary
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About
A sunny south facing one bedroom apartment on the third floor with walk out balcony providing rear garden outlook.
Foundry Place is a McCarthy Stone retirement living plus development with onsite 24/7 staffing, domestic assistance, restaurant, communal lounge and gardens where social events take place.
**Entitlements Advice and Part Exchange available - speak to your Property Consultant for more information** Summary Located at the former Ingate Ironworks on Gosford Road, Beccles, Suffolk, this gorgeous new Retirement Living plus development comprises of 55 one and two bedroom retirement apartments for sale - or for rent – exclusive to the over 70s.
Foundry Place is located right in the heart of the charming town centre, with a train station very close by, as well as the pretty River Waveney – ideal for picturesque afternoon strolls and tranquil boat trips.
No. 55 is a spacious one-bedroom apartment with south-facing views out over the rear garden located on the top floor.
A walk-in wardrobe off the bedroom provides ample storage space and the airy lounge and modern kitchen provide the space and facilities for comfortable living.
The development has a homeowners' lounge for socialising with friends and family and, for your convenience, an onsite waitress service bistro restaurant with freshly cooked meals provided every day.
Other communal areas consist of a laundry room, buggy store and charging point and well maintained landscaped gardens providing a great space to socialise with new friends and neighbours!
A management team is on hand to manage the day to day running of the development and attend to any queries you may have.
Within the service charge homeowners are allocated 1 hours domestic assistance per week, however, additional hours can be arranged if required.
There are a range of personal care packages to suit your requirements - these are provided by the onsite cqc registered care agency.
For your reassurance the development is fitted with 24-Hour TV secure entry system. The building is equipped with BT fibre broadband (subscription required).
Entrance Hall Front door with spy hole leads to the large entrance hall - the 24 hour Tunstall emergency response pull cord system is situated in the hall with further cords in the bedroom and shower room.
From the hallway there are two large storage / airing cupboards. Illuminated light switches, smoke detector, apartment security door entry system with intercom.
Raised electric power sockets, decorative ceiling light and fitted carpets. Doors leading to the lounge, bedroom and shower room.
Lounge The bright and airy south facing lounge has the benefit of French doors leads onto a balcony large enough to house an outdoor dining set overlooking the rear gardens and bungalows beyond enabling you to watch the world go by!
The spacious room allows ample space for dining. TV and telephone point, raised electric power sockets, two ceiling light points and fitted carpets. Part glazed door leading to the separate kitchen.
Kitchen Fully fitted modern kitchen with white high gloss low and eye level units and drawers with roll top work surfaces above.
The inset sink with mono lever tap and drainer sits below the garden facing window.
Four ring hob with extractor hood above and electric waist height oven (for minimal bend) which has space above for a microwave. Integral fridge/freezer.
Ceiling light, tiled flooring and electric sockets. Bedroom Spacious bedroom with a south facing window also with a garden and bungalow outlook.
Door leads onto a large walk in wardrobe with lots of storage space. TV and telephone point, raised electric power sockets, central ceiling light.
Shower Room Modern purpose built Shower room with a walk in shower unit with grab rails and curtain. WC.
Wash hand basin with vanity unit storage cupboard and wall mounted mirror with built in light above. Heated towel rail and tiled flooring.
Service Charge (Breakdown) •24-hour on-site staffing •1 hour of domestic assistance per week •Cleaning of communal windows •Water rates for communal areas and apartments •Electricity, heating, lighting and power to communal areas •24-hour emergency call system •Upkeep of gardens and grounds •Repairs and maintenance to the interior and exterior communal areas •Buildings insurance The annual service charge is £10,284.78 for the financial year ending 28/02/2026.
The Service charge does not cover external costs such as your Council Tax, electricity or TV. To find out more about the service charges please contact your Property Consultant or Estate Manager.
Check out benefits you may be entitled to. Leasehold Information Lease Length: 999 years from 2021 Managed by: McCarthy and Stone Management Services.
It is a condition of purchase that residents must meet the age requirement of 70 years or over. Additional Services Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: •free Entitlements Advice to help you discover which benefits you may be eligible for.
•Part Exchange service to enable you to move without the hassle of selling your current home. •Removal Services to help you declutter and move into your new property.
•Conveyancing specialists with expertise in buying and selling McCarthy Stone retirement homes.
For more information check our webpage additional services or speak with our property consultant •Full Fibre Broadband available •Mains water and electricity •Electric room heating •Mains drainage
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.
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FAQ
About 55 Foundry Place, Off the Gosford Road, Beccles
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