Reliant House, Angel Lane, Fore Street, Ipswich, Suffolk IP4 1JX

Description

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.

Location

Reliant House, Angel Lane, Fore Street, Ipswich, Suffolk IP4 1JX. Located in the IP4 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

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: ★★★☆☆