Affordable Victorian one-bedroom flat with freehold share — ideal for investors or hands-on buyers..
Chain-free one-bedroom first-floor flat, c.411 sq ft
Long leasehold plus 25% share of freehold
Low service charge approx. £1,000 per year
Town-centre location; close to Christchurch Park and amenities
Sold at auction — 10% deposit on fall of hammer
Requires internal refurbishment; fireplace needs work
Electric storage heating; EPC rating E (energy improvements likely)
Area shows above-average crime and economic deprivation
Set within a Victorian terrace in central Ipswich, this compact one-bedroom first-floor flat (c. 411 sq ft) is offered at auction with a guide price of £60,000–£80,000. The lot includes a long leasehold together with a 25% share of the freehold and low annual service charge of about £1,000, supporting straightforward ownership for a buy-to-let investor or an owner-occupier prepared to refurbish. Communal areas and the roof have recently been refurbished, reducing short-term external maintenance risk.
Internally the apartment is a basic period property with a medium-sized living room, large window and a fireplace that requires refurbishment — a clear blank-canvas refurbishment opportunity. Heating is via electric storage heaters and the property has double glazing, though the installation date is unknown. The building is timber-framed with no assumed insulation, so buyers should budget for energy improvements; the current EPC rating is E.
This lot is sold via live-streamed auction (24/09/2025). It is chain-free with immediate exchange on the fall of the hammer: a 10% deposit is payable on the day and completion is typically within 28 days. An administration fee of £1,200 applies on completion. The flat sits in a town-centre location close to Christchurch Park and local amenities, giving it reliable rental demand, but the surrounding area shows higher-than-average crime levels and economic deprivation—factors to weigh when setting rental levels or planning resale.
Overall, the property suits an investor or a hands-on buyer looking for an affordable city-centre flat to refurbish and let quickly, or a first-time buyer comfortable with an auction purchase and post-purchase improvement work. Review the legal pack and factor in potential insulation, heating upgrades, and cosmetic renovation costs before bidding.
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