Compact upper‑floor flat offering rental income potential near the seafront.
Short walk to Felixstowe promenade and local amenities
A compact three-bedroom maisonette a short walk from Felixstowe promenade, offered chain free and currently let under an assured shorthold tenancy. The apartment occupies upper floors of a Victorian terrace and retains period bay windows and high ceilings in the main reception. Gas central heating and double glazing help with running costs, and a small balcony and loft/storage room add practical space.
This property is best suited to investors or a buyer able to cope with short-lease considerations. The lease has approximately 71 years remaining; many mortgage lenders have strict minimums and may refuse standard residential lending against this tenure. Buyers should seek specialist advice about mortgageability or the cost of extending the lease.
Accommodation includes a 17ft lounge with bay and balcony, two main bedrooms on the upper floor plus a third room/dining area, kitchen and bathroom. There is a communal garden area partitioned so the flat has access to a small private section, and an attic-style storage room housing the combination boiler.
Practical positives include low annual service charge (approx. £400) and no ground rent. Notable negatives are the limited remaining lease, small overall size (approx. 517 sqft), solid brick walls likely without cavity insulation, and a higher-crime local area; these factors affect suitability for some buyers and rental assumptions. Viewing recommended for investors prepared to manage lease and refurbishment needs, or for owner-occupiers with cash purchase capability.
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