Low-price entry with rental income potential near Ipswich amenities.
Two-bedroom ground-floor apartment in modern development
A compact two-bedroom ground-floor apartment in a contemporary 2007–2011 development, offered at a low asking price and currently generating rental income of £900pcm according to the information provided. The flat includes an open-plan kitchen/living area, allocated off-street parking, a communal garden and double glazing. Council tax is reported as very cheap and broadband and mobile signal are strong — useful for tenants or remote workers.
Important lease details and location risks are set out clearly. The property is leasehold with 79 years remaining and a £250 ground rent; some mortgage lenders can refuse lending on shorter leases, so buyers should check finance options and potential lease-extension costs before committing. The wider area is classified as very deprived with high local crime levels; that will influence resale and lettability considerations and may affect insurance and mortgage terms.
This listing is attractive to investors seeking immediate income or first-time buyers on a tight budget, given the low price and proximity to Ipswich town centre, schools and transport links (Ipswich station about 20 minutes’ walk). However, buyers should factor in the lease length, local area issues and verify whether the property is vacant or currently tenanted—the supplied details reference both vacancy and a tenant paying rent.
Viewings and offers should follow confirmed checks on mortgageability, lease extension estimates and local market comparables. With the right due diligence, the apartment offers a low-entry way into the Ipswich market with reasonable rental potential, but it carries tangible title and neighbourhood risks that need addressing.
2 bedroom apartment for sale in Hale Close, Ipswich, Suffolk, IP2 — £140,000 • 2 bed • 1 bath • 449 ft²
2 bedroom apartment for sale in Holman Court, Ipswich, IP2 — £135,000 • 2 bed • 2 bath
2 bedroom apartment for sale in Croft Street, Ipswich, IP2 — £100,000 • 2 bed • 1 bath • 668 ft²
2 bedroom flat for sale in Rapier Street, Ipswich, IP2 — £110,000 • 2 bed • 1 bath • 580 ft²
2 bedroom apartment for sale in Rapier Street, IPSWICH, IP2 — £115,000 • 2 bed • 1 bath • 439 ft²
2 bedroom flat for sale in Compair Crescent, Ipswich, IP2 — £129,995 • 2 bed • 2 bath • 352 ft²














