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See how verdicts work2-bedroom bungalow · IP28 8LJ
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market CHAIN FREE, this well-presented two-bedroom semi-detached bungalow with a GARAGE and DRIVEWAY provides an excellent opportunity for those seeking single-storey living in a quiet cul-de-sac within the popular village of Red Lodge.
Featuring a CONSERVATORY and well-balanced accommodation throughout, the property is well suited to a range of buyers.
Internally, the accommodation includes a SPACIOUS LOUNGE/DINER with a convenient serving hatch through to the kitchen.
Large windows allow plenty of natural light to flood the home, while the conservatory provides additional living space overlooking the garden.
There are TWO WELL-PROPORTIONED DOUBLE BEDROOMS, both benefitting from useful storage, along with a shower room.
Externally, there is a front garden and driveway providing OFF-ROAD PARKING for two vehicles.
The GENEROUS REAR GARDEN is predominantly laid to lawn with a PATIO AREA, creating an ideal space for outdoor dining and entertaining.
The property is conveniently located close to a range of local amenities, including shops, schools and transport links, whilst enjoying a peaceful CUL-DE-SAC SETTING within the popular village of Red Lodge.
HALLWAY: Welcoming entrance hall providing access to the principal accommodation. Useful storage cupboard and airing cupboard.
KITCHEN: Fitted with a range of attractive shaker-style wall and base units incorporating a one-and-a-half bowl sink, electric hob, space for a washing machine and serving hatch to lounge/diner.
Large window overlooking the rear garden.
LOUNGE/DINER: Spacious reception room with a feature fireplace and large sliding doors leading through to the: CONSERVATORY: A light and airy room providing versatile additional reception space, with sliding doors leading out to the rear garden.
BEDROOM ONE: Generously sized double bedroom with a large window to the front aspect and fitted double wardrobes.
BEDROOM TWO: Well-proportioned double bedroom with a large window to the front aspect and fitted double wardrobes.
SHOWER ROOM: Fitted with a three-piece suite comprising a WC, wash hand basin set within a vanity unit, and a large, enclosed shower. Window to the side aspect.
OUTSIDE: To the front of the property, there is a driveway leading to the garage which provides private off-road parking for at least two vehicles.
The front garden is laid to lawn with a pathway leading to the entrance porch and rear garden.
The generous rear garden features a patio seating area, ideal for outdoor dining and entertaining, with the remainder laid to mix of lawn and turf, all enclosed by timber fencing.
Tenure: Freehold Construction Type: Brick/Tile Heating: Oil Windows/doors: UPVC Double Glazing Council Tax: 2026/2027 £1,770.32 Drainage: Mains EV Charging point: Yes Parking: Off Street Broadband: Ultrafast Mobile: Good -Great A Material Information Certificate and interactive report is available on request Red Lodge offers amenities and facilities including a post office, a modern doctor’s surgery, dentist, primary schools, a public house, and the ‘Millennium Centre’.
The village shopping centre has just been built and consists of a food takeaway, pharmacy, and a general store. The sports facilities offer changing rooms and football pitches etc.
More extensive amenities can be found in the close by market town of Mildenhall and the headquarters of British racing, Newmarket.
Mildenhall is approximately two miles from the A11 five ways roundabout which gives easy access to a greater variety of amenities found in Thetford (12 Miles) and Norwich to the Northeast and Newmarket (10 miles) and London to the South and Southwest.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Lucerne Close, Red Lodge, Bury St. Edmunds, Suffolk, IP28
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