180 Yeoman Close, Ipswich, Suffolk, IP1 2QB

Description

An opportunity to acquire a one-bedroom first-floor apartment located in the heart of Ipswich. Let on an AST at £9,540 pa An opportunity to acquire a one-bedroom first-floor apartment

Accommodation / Key Property Details

• Located in the heart of Ipswich, adjacent to the River Gripping
• Let on an AST at £9,540 pa An opportunity to acquire a one-bedroom first-floor apartment located in the heart of Ipswich. Let on an AST at £9,540 pa
• Long Leasehold one-bedroom apartment
• Located in a purpose-built apartment block
• Situated alongside the River Gripping
• In the heart of Ipswich, 0.5 miles from Ipswich town centre
• Walking distance to a variety of town amenities
• Close to bus stop going to the town centre & surrounds
• Entrance hall, living room/kitchen, bedroom & bathroom

Location

180 Yeoman Close, Ipswich, Suffolk, IP1 2QB

Tenure

Leasehold; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.

Auction Information

Investment Analysis

Investment Snapshot

Market Comparables

The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.

Proposed Works

HB desktop allowance: £6,000. Confirm scope through inspection, survey and contractor/QS pricing.

Rental Value

£9,540 pa (source particulars), equivalent to a 19.1% gross yield on the guide price.

Low / Base / High Investment Scenario

BTL Analysis

Source income provides the headline yield above; verify AST/licence, arrears, service charges and management costs.

BRRR Analysis

At the HB base value screen of £60,000, a 75% refinance is approximately £45,000 before lender criteria. Compare against the full project cost, not guide price alone.

Flip Analysis

Base value screen less guide, HB works allowance and buyer premium leaves approximately £2,200 before SDLT, legal, finance, holding, professional, selling costs and tax. This is not net profit.

Maximum Bid Indicator

Deduct works, buyer premium, legal/professional fees, finance, holding, contingency, selling costs and required profit/return from a verified end value. SDLT is buyer-specific and excluded from this desktop screen.

Strategy Recommendation

BTL, BRRR or refurbishment/resale depending on verified rent, end value, survey and legal-pack findings.

Strategy Rating

BTL: ★★★☆☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆

Key Risks

Lease length, ground rent, service charge and lender acceptability; Property is recorded as Sold Prior; Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.

Analysis Confidence

High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.