Summary - 5 STOKEBRIDGE MALTINGS IPSWICH IP2 8EU
2 bed 1 bath Apartment
Affordable riverside two-bed with balcony, long lease and parking—suitable for first-time buyers or investors..
- Waterfront second-floor apartment with balcony overlooking River Orwell
- Two bedrooms, approx. 522 sq ft; compact living layout
- One allocated off-street parking space included
- No onward chain; long lease (~151 years remaining)
- Service charge c. £2,168 per year; council tax band B
- High flood risk — may affect insurance and future costs
- Electric storage heating; potential need for heating upgrade
- Above-average local crime and high area deprivation
This second-floor, two-bedroom apartment sits on Ipswich’s waterfront with a balcony overlooking the River Orwell — a rare low-price entry to riverside living with no onward chain. The flat is compact (approx. 522 sq ft) and is best suited to someone seeking a convenient city base near the train station, university and town centre. An allocated off-street parking space adds practical value in a central location.
Practical details are straightforward: long lease (approx. 151 years remaining), council tax band B, EPC C and an annual service charge of around £2,168. Heating is via electric storage heaters and the building has double glazing (install date unknown). These facts point to lower initial purchase barriers but mean ongoing running costs and limited central heating efficiency.
There are material drawbacks to note: the property is in a high flood-risk area and the neighbourhood records above-average crime and high area deprivation — factors that affect insurance, resale and rental appeal. The apartment is small and uses electric heating, so buyers should budget for potential improvements (heating upgrade, cosmetic updating) and confirm suitability with insurers given flood exposure.
For first-time buyers or investors looking for an affordable riverside foothold in Ipswich, this apartment offers location and transport links, plus immediate occupancy thanks to no onward chain. It will suit someone prioritising position and convenience over generous internal space and who is comfortable managing the flood and running-cost implications.
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