25 Old School House, Shotley Gate, Ipswich, Suffolk IP9 1QP

Description

A particularly well presented first floor apartment Forming part of the Old School House, which dates from the early 1800s, is this first floor apartment with original features including high sash windows and parquet flooring. The property has very well maintained communal areas and offers one bedroom accommodation with open plan living space incorporating a fitted kitchen area with built-in appliances and contemporary shower room. There is also the benefit of communal gardens, an allocated parking space and this property is an ideal buy to let or Airbnb being close to walks along the banks of the River Orwell.

Location

25 Old School House, Shotley Gate, Ipswich, Suffolk IP9 1QP. Located in the IP9 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Buy-to-Let. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended buy-to-let strategy with adequate contingency.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆