Summary - Apartment 106, 5 Anchor Street IP3 0BP
1 bed 1 bath Apartment
Ideal starter home or rental near shops, station and marina.
Ground-floor one-bedroom with river Orwell views
A ground-floor one-bedroom apartment with direct views over the River Orwell, offered with no onward chain. The open-plan living area and separate, fitted kitchen suit modern city living, while an allocated parking space is a practical plus for waterfront developments.
The property sits in a contemporary block built around 2003–2006 and benefits from double glazing and 103 years remaining on the lease. Service charges and ground rent are notable: an annual service charge around £2,253 and ground rent £186. Heating is electric via room heaters, which can mean higher running costs compared with gas-fired systems.
This is a clear option for a first-time buyer seeking a compact, well-located home or an investor targeting rental demand from students, professionals and short-stay visitors. The apartment is close to the waterfront amenities, cafes and the mainline station with direct trains to London.
Be aware of a few practical points: the building is in a city area with higher crime levels, and the kitchen has signs of minor water damage that will need attention. Potential buyers should factor in ongoing service charges and electric heating costs when assessing monthly outgoings.
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