Summary - 286 RAVENSWOOD AVENUE IPSWICH IP3 9TQ
2 bed 1 bath Ground Flat
Large two-bedroom ground-floor flat with private patio and parking, sold at modern auction..
Well-proportioned two-bedroom ground floor flat with private patio
Sold at Modern Auction — undisclosed reserve and buyer fees apply
No onward chain; completion target 56 days after reservation
Allocated off-street parking space included
Leasehold with c.100 years remaining; ground rent £125 pa
Service charge about £1,503 per year; possible additional leasepack fees
Four-piece bathroom and separate kitchen; double-glazed, gas central heating
Set on the ground floor of a modern development, this two-bedroom apartment offers surprisingly large living spaces, a private patio and one allocated parking space. The layout includes a separate kitchen, spacious lounge/diner and a four-piece bathroom — practical for couples or first-time buyers seeking straightforward, move-in-ready accommodation.
Important sale details affect purchase: the property is offered through a Modern Auction with an undisclosed reserve price. Bidders must pay a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus buyer’s costs and complete within 56 days. There is a buyer information pack and potential additional leasehold/pack fees — allow time for due diligence and confirm total costs before bidding.
The flat is leasehold with around 100 years remaining, a service charge of approximately £1,503 pa and a ground rent of £125 pa. Practical benefits include double glazing, mains gas heating, fast broadband and excellent mobile signal. No onward chain and no flooding risk add to the convenience; note the local area scores higher on deprivation indices, which may influence long-term capital growth.
This is a sensible purchase for a first-time buyer or investor who understands auction procedures and additional upfront costs. The apartment’s size, private patio and allocated parking give it everyday appeal, but the auction route and leasehold charges are material considerations that should be factored into any offer.
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