2-bedroom flat · IP5 2BB
Listing removedListed 133 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented Two bedroom first floor apartment located on the ever popular Grange Farm in Kesgrave.
*Due to be re-decorated and have new flooring laid before a new tenancy* This apartment is located on the first floor and offers generous sized accomodation with plenty of light.
You enter into a welcoming entrance hall, which includes two storage cupboards and doors leading to all rooms. There are two bedrooms, one double and one single, a family bathroom and kitchen.
One parking space is available with the property and the apartment is double glazed with electric heating.
Furthermore it is within easy reach of amenities as well as just a short drive to the A12 and A14. Important Information The rent is exclusive of utilities and council tax.
Minimum term: 12 months Deposit: £1067.30 or our deposit replacement product.
Availability: Approx early July Parking - off road parking space Council tax band - A EPC rating - D Services - We understand that mains water, drainage and electricity are connected to the property.
Broadband Availability - Standard, Superfast and Ultrafast available (Ofcom Broadband Checker - June 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE, Three and Vodafone.
(Ofcom Mobile Checker – June 2026) Holding deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
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 6 St. Martins Court,, Bugsby Way, Ipswich
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