2-bedroom flat · CO10 2WS
For saleReduced £5k (−3.2%) on 20 JunListed 205 days
Opportunity summary
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About
Situated at the front of Lucas Road within a short distance of Sudbury town centre and the nearby Sainsburys supermarket is this newly refurbished ground floor maisonette benefiting from two bedrooms, living room, kitchen and shower room.
There is allocated parking. An entrance porch leads to the front door and inner hallway which provides access to two bedrooms, shower room and living room.
The two bedrooms overlook the greensward to the front with bedroom one benefiting from built in wardrobes.
The newly refitted shower room comprises a double length walk-in shower, WC, wash hand basin with vanity unit, wall-mounted heated towel rail and plumbing for a washing machine and tumble dryer.
The good size sitting room overlooks the communal rear gardens and has an airing / storage cupboard.
The separate kitchen has tiled flooring, breakfast bar, wall and base shaker style units with work surfaces, inset sink and drainer, electric hob with extractor fan over and built in appliances including electric fan and combination ovens.
Outside There are communal gardens to the front and rear with allocated and visitor parking.
Location Lucas Road is located in central Sudbury and is conveniently positioned for access to the town centre and Sainsburys supermarket as well as the train station providing links to London Liverpool Street via Marks Tey.
Directions SatNav - postcode CO10 2WS Important Information Council Tax Band – A Services - We understand that mains water, drainage and electricity are connected to the property.
The property has electric heating. Tenure - Leasehold EPC rating – D Our ref - SUD250266 Lease details - We understand the property is held on a 162 year lease with approximately 158 years remaining.
The service charge is £172 per month with a peppercorn ground rent. These charges are for the current year and maybe subject to change, all information should be checked by your solicitor.
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
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FAQ
About 122, Lucas Road, Suffolk
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