Case Study: 36-Unit Apartment Block Sold Off-Market

Carr House is a well-located 36-unit block of apartments near Ipswich town centre.

carr house in ipswitch london

Table of contents

Carr House is a well-located 36-unit block of apartments near Ipswich town centre. Comprising a mix of one and two-bedroom units, it was fully let at the time of sale with long-term tenants in place, offering strong, stabilised income for any acquiring investor.

The Challenge

The landlord, a longstanding investor, wanted an off-market sale to exit quietly and efficiently, without the disruption or risk of listing publicly. Preserving tenant continuity was non-negotiable, and the seller wanted to avoid delays often associated with chain-linked agents or auctions.

Our Approach

LP Exchange prepared a detailed investment summary including all rent schedules, EPCs, and management costs. The opportunity was shared exclusively with a select number of qualified, off-market investors. All parties signed NDAs, and viewings were arranged discreetly and efficiently to avoid disturbing tenants.

The Result

  • Whole Apartment Block Sold Off-Market
  • Achieved full asking price.
  • Completed within nine weeks.
  • Zero tenant disruption throughout.
  • Seamless buyer transition and ongoing income stream.

“I’d previously sold via auctions and agents, but LP Exchange’s approach was in a different league. The buyer was vetted, the process was calm, and we didn’t lose a single tenant. I’d recommend them to any landlord with a larger asset looking for serious buyers.”

– Vendor, Carr House

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