1-bedroom flat · CO10 2TB
Listing removedListed 2 daysAuction 20 Dec · ended
Opportunity summary
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About
Situated in the popular Meadow Place development this spacious top floor apartment is ideally located within close proximity to a range of town amenities offering a well proportioned layout the property presents an excellent opportunity and is offered for sale via modern method of auction.
This one bedroom top floor apartment shares a communal landing with just one other apartment. The apartment’s entrance hall has access to all rooms, an airing cupboard and additional storage cupboard.
The bedroom is a large double room featuring views over the communal garden and tree lined beyond. There is a storage cupboard and a built in double wardrobe.
The bathroom has a panelled bath with an overhead shower attachment, shower screen, tiled walls, handwash basin, WC and a heated towel rail.
The spacious and impressive living area is approximately 25ft in width and has LED spotlights and views over the communal courtyard.
There is an opening to the kitchen which has matching base and eye level units with a built in oven, gas hob and extractor hood above., a stainless steel sink and drainer, plus plenty of storage cupboards and space for additional utilities.
Outside The property has an allocated parking space and access to a communal garden which is located behind the building, it is mainly laid to lawn with various seating areas.
The garden is well maintained and features mature shrubs and plants.
Location Meadow Place is a few minutes’ walk from Waitrose, the town centre, train and bus stations, Quay Theatre, Kingfisher swimming pool complex, tennis courts and cricket ground.
Directions Please use SatNav with postcode CO10 2TB Important Information Council tax band – B Services – Mains water, drainage, gas and electricity are connected Tenure – Leasehold EPC rating - C Our ref - SUD260603 MMR Lease information Length of lease – 125 year from 20/12/2002 Service charge – £1871.96 p.a (paid in 2 installments) including ground rent and premium building insurance Subject to confirmation from the management company and these charges are for the current year and maybe subject to change.
Auctioneer comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £500 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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Returns
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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 Meadow Lane, Sudbury, Suffolk, CO10
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