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See how verdicts work3-bedroom flat · IP4 1JX
Listing removedListed 73 daysAuction 9 Sep · ended
Opportunity summary
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About
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 9TH SEPTEMBER 2026 TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTION, PLEASE VISIT OUR WEBSITE A substantial mixed use investment with a high annual yield Situated on the fringe of the town centre is this Freehold Grade II Listed mixed use building extending to approximately 6,643 sq.
ft. (617.15 sq. m.) The property comprises three self contained offices and three flats together with parking space for up to Eight cars.
The property also has Planning Permission for conversion to fully residential incorporating seven flats which is a longer term consideration.
A solid investment with an annual return of over 10% based on the lower end of the Guide Price and with immediate scope to enhance.
Lease Schedules Unit 1 Angel Lane (ground floor office) - Let to Keystone Estate Agents at £12,500 per annum Unit 1 Angel Lane (first floor office) - Vacant, estimated rent of £12,500 per annum Unit 2 Angel Lane first floor office and Unit 3 Angel Lane (first and second floor offices) - Let to Adaptainer at a combined £13,200 per annum (new lease to be in place pre-completion) 3 Angel Lane (one bedroom flat) - Let at £10,140 per annum 2 Angel Lane (studio flat) - Let at £6,900 per annum 57A Fore Street (studio flat) - Let at £8,400 per annum TOTAL ANNUAL YIELD - £51,140 Council Tax Bands 57a Fore Street-A 2 Angel Lane- A 3 Angel Lane- A Business Rates All interested parties should contact Ipswich Borough Council on Tenure: Freehold EPC Rating: 57a Fore Street (Flat)-C 2 Angel Lane (Flat)- C 3 Angel Lane (Flat)- D Unit 1 (Ground Floor Office)- C Unit 1 (First Floor Office)- B Unit 2 & 3 (Adaptainer) B Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Reliant House, Angel Lane, Fore Street, Ipswich, Suffolk IP4 1JX
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