2-bedroom flat
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the ground floor of a modern development, this well-presented two bedroom apartment offers contemporary accommodation with an impressive open-plan kitchen/living area, allocated parking and the added benefit of no onward chain.
The property opens into a particularly spacious entrance hallway, providing an excellent sense of space on arrival and connecting the accommodation throughout.
There is also a useful separate cupboard which is plumbed for A washing machine, allowing laundry appliances to be kept away from the main living space.
At the heart of the apartment is the generous open-plan kitchen/living area, extending to over 20ft in length and providing plenty of room for both lounge and dining furniture.
The modern kitchen is fitted with a range of white units complemented by contrasting work surfaces and an integrated oven and integrated fridge/freezer.
There is also plumbing for A dishwasher and a water softener.
There are two bedrooms, with the main bedroom providing comfortable double proportions and a large window allowing plenty of natural light.
The second bedroom offers excellent versatility and is currently arranged as a home office/dressing room.
Completing the accommodation is a modern bathroom fitted with a white suite including a bath with shower over.
Externally, the property benefits from one allocated parking space, alongside access to communal gardens and bike racks.
Built in 2020 and offered in good condition throughout, this modern apartment is available with no onward chain.
EPC Rating: B Entrance Hall A notably spacious entrance hall providing access to the accommodation, with wood-effect flooring, window providing natural light and ample space for additional furniture or storage.
Kitchen / Living Area A generous open-plan living space providing clearly defined areas for relaxing, dining and cooking.
The kitchen comprises a range of modern white wall and base units with contrasting work surfaces and temporary tiled splashbacks, integrated oven, hob and fridge/freezer.
There is plumbing and space for a dishwasher together with a water softener. The living area provides ample room for a sofa and dining furniture, with a window providing natural light.
Bedroom One A generously sized double bedroom with a large window, radiator and space for freestanding bedroom furniture.
Bedroom Two A versatile second bedroom currently utilised as a home office/dressing room.
Its length provides useful flexibility for a guest bedroom, office or combination of the two, with a window and radiator.
Utility / Storage Cupboard Located between bedroom two and the bathroom, this useful cupboard has plumbing in place for a washing machine, providing a practical dedicated laundry/storage area.
Bathroom A modern bathroom fitted with a white suite comprising panelled bath with shower over and glass screen, wash hand basin and WC. Finished with contemporary tiling and a heated towel rail.
Outside & Parking The development provides maintained communal garden areas for residents, together with bike racks. The apartment also benefits from one allocated parking space.
Location Mimas Way is situated within the popular Jasmine Park development in north-west Ipswich, offering convenient access to a wide range of everyday amenities and transport links.
The property is particularly well placed for local shopping, with aldi on Europa Way and Morrisons on Sproughton Road both close by.
The development is well positioned for access to the A14, making it convenient for those commuting towards surrounding towns and further afield, while Ipswich town centre and its wider range of shopping, leisure and recreational facilities remain easily accessible.
Ipswich railway station is approximately 2.7km away and provides rail connections towards London Liverpool Street and Norwich.
A selection of schools can also be found within the surrounding area, alongside local bus services and other everyday amenities, making the location practical for a variety of buyers.
Disclaimer These particulars are for guidance only and do not form part of any offer or contract. All measurements, images and floor plans are approximate and for illustrative purposes only.
Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (aml) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (aml) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the associated sale or letting.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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About Flat 3, 1 Mimas Way, Ipswich
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