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About this property

A beautifully presented and modern 2 bedroom apartment in the popular tucked away road of Mimas Way, IP1.

This stunning home has been maintained and modernised well, with glossy kitchen, open plan layout with ample dining and living space and two generous bedrooms. The family bathroom completes the accommodation.

The home would make a fantastic starter home, or someone looking for a low maintenance investment where a tenant could move straight in.

With allocated parking, communal ground and bike shed and low service charges, this property ticks all the boxes.

Lease: 155 years from 1st January 2019

Ground rent: £162.50 per annum

Service Charge: £1243.05 per annum

The county town of Ipswich is served by a wide range of local amenities including schools, University, shops, doctors, dental surgeries, hospital, two theatres, parks, recreational facilities and mainline railway station providing direct links to London Liverpool Station. The town has also undergone an extensive rebuilding and a gentrification programme principally around the vibrant waterfront which now boasts some lovely bars and restaurants.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Key information

Council Tax Band: A

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 148 years
  • Annual service charge: £1,243
  • Annual ground rent: £163
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Mains Supply
    • Water: Mains Supply
    • Heating: Gas Central
    • Broadband: Ask agent
    • Sewerage: Mains Supply

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Mimas Way, IPSWICH, Suffolk, IP1 2 flat
    £
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    Years
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    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Ipswich

    3 Butter Market
    Ipswich
    Suffolk
    IP1 1BB
Phone Icon Icon set Phone 01473396021

Extras

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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.