31 & 31a Foxhall Road, Ipswich, Suffolk IP3 8JU

Description

A prime mixed use investment Situated in a prominent location to the east of Ipswich town centre is this mixed use premises comprising a vacant retail unit and a separately accessed first floor flat. The well presented retail unit extends to approximately 415 sq ft and was previously utilised as a hair & beauty salon but may suit a variety of trades and on the first floor is a well looked after one bedroom flat with an established tenant paying a rent of £600 per calendar month. An excellent opportunity to run your own business or have both elements rented to provide a strong income.

Location

31 & 31a Foxhall Road, Ipswich, Suffolk IP3 8JU. Located in the IP3 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Guide Price	Not currently published – Sold Prior
Refurbishment / Works Budget	HB indicative £15,000–£40,000
HB Indicative GDV / Value	£168,000–£217,000
Estimated Private Rent	£600–£1,200 pcm
Potential Annual Rent	£7,200–£14,400 pa
Suggested Strategy	Commercial / Mixed-Use Investment

Strategy Recommendation

Initial strategy: Commercial / Mixed-Use Investment. 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 commercial / mixed-use investment strategy with adequate contingency.

Strategy Rating

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