2-bedroom terraced house · IP1 3JR
For saleListed 1334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase the freehold interest in the Iconic Grade II listed Purple shop located at the bottom of Fonnereau Road opposite Christchurch Park and within a short stroll to Ipswich Town centre with it's variety of shops, bus station, Crown pools, public houses and restaurants nearby.
The property is currently a retail premises on the ground and lower ground level with a 2 bedroom duplex apartment on the 2 upper floors.
The property does require refurbishment and updating and may be suitable for conversion into apartments subject to the necessary consents. (Please be aware the current business will be relocated).
ENTRY IN TO SHOP Door in to entry with further glazed door into shop.
SHOP AREA Carpeted flooring, windows to front and side aspect, walk way through to counter & till area, window to side aspect, storage heater, door to rear lobby and stairs down to lower level basement.
BASEMENT Stairs down from shop leading to lobby area and access to further rooms. ROOM 1 Non slip flooring, hand basin with Triton water heater, extractor fan, storage under stairs.
ROOM 2 Hand basin with Triton water heater, , storage heater, window to front aspect with security railing, opening for storage, non slip flooring.
ROOM 3 Step up, non slip flooring, sink with Triton water heater, extractor fan, storage cupboard.
REAR LOBBY G/F LEVEL Doorway from shop into hallway, stairs to first floor, side door to garden, hallway leads to Kitchenette with base units, stainless steel sink, Triton water heater, double glazed window to side aspect, door to cloakroom with low level WC, non slip flooring, double glazed window to side aspect.
STAIRS leading to first floor landing, window to side aspect on landing, glazed door with side panel into duplex aprtment.
ENTRY AREA Laminate flooring, radiator, open tred stairs, doors to kitchen and lounge. LOUNGE Laminate flooring, 2 original windows to front aspect, radiator, fireplace with gas fire.
KITCHEN Wall and base units with roll edge work tops, stainless steel sink and drainer, space for gas cooker, plumbing for washing machine, radiator, under counter fridge space, corner storage unit, wall mounted gas boiler.
STAIRS Open tred stairs leading to second floor landing, loft hatch, doors to bedrooms and bathroom.
BEDROOM 1 Carpeted flooring, radiator, window to rear aspect, louvered door to Cloak room with low level WC, further door into walk in wardrobe.
BEDROOM 2 Carpeted flooring, radiator, window to front aspect, built in storage.
BATHROOM Comprising low level WC, wash hand basin, bath with shower over off the mains, laminate flooring, radiator, window to front aspect, floor to ceiling tiled walls OUTSIDE Enclosed walled garden to the rear with gate access out to street.
COUNCIL Ipswich Borough Council Council tax band (B) £1,610.63 SCHOOLS St Margarets Cevap school and Northgate high school. SERVICES We understand all mains services are connected.
AGENTS NOTES The property is a grade II listed building and is EPC exempt.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Fonnereau Road, Ipswich, Suffolk
Explore nearby