3-bedroom terraced house · IP23 7FE
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This new- build mid-terraced house in Eye is a fantastic opportunity for anyone looking to get onto the property ladder through shared ownership.
The property features three bedrooms, perfect for a small family or for those who need extra space for a home office or guests.
The open plan living and dining area is ideal for entertaining guests or spending time with family. The kitchen is sleek and modern, with plenty of storage space and room for appliances.
The bedrooms are bright and spacious, offering a peaceful retreat at the end of the day. Outside, there is a private garden where you can enjoy the outdoors and soak up the sunshine.
Parking is available on the property, making it easy to come and go as you please.
The shared ownership scheme allows you to buy a portion of the property and pay rent on the rest, making homeownership accessible to more people.
Eye is a charming market town in Suffolk, known for its historic architecture, quaint shops, and friendly community.
There are plenty of things to do in Eye, from exploring the medieval castle ruins to enjoying a picnic on the village green.
The town has a range of amenities, including shops, pubs, and restaurants, so you'll never be short of places to visit.
Agent Notes Full price- £320,000 40% Ownership_ £128,000 60% rent- £440.00 per month Service Charge- £55.76 Must have a local connection to the Mid-Suffolk area either through residency, work or family Entrance Hall Groundfloor WC Lounge 4.13 m x 4.66 m (13'7" x 15'3") Kitchen 3.16 m x 5.62 m (10'4" x 18'5") Bedroom 1 2.82 m x 5.62 m (9'3" x 18'5") Bedroom 2 3.44 m x 3.17 m (11'3" x 10'5") Bedroom 3 3.25 m x 2.39 m (10'8" x 7'10") Bathroom
Value & comps
No previous sales on record.
Returns
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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 Cunningham Drive, Eye
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