We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · IP33 1ES
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exclusive town-centre luxury apartment offering three bedrooms, secure gated parking, lift access and a private terrace.
Construction is due to start shortly, with anticipated completion in mid-2027.
THE OLD PLAYHOUSE SPECIFICATION KITCHEN Individual modern Howdens kitchens with quartz worktops and upstands Integrated oven, induction hob, microwave and extractor Integrated dishwasher and fridge freezer Separate utility room for some with additional storage and washer/dryer EN SUITES AND BATHROOMS Contemporary white sanitaryware with chrome fittings including vanity basin units throughout Fully tiled bathrooms Heated ladder towel rails INTERNAL FINISHES White painted ceilings and Little Greene Portland Stone to walls White acrylic eggshell to all woodwork ‘Pre-finished’ oak doors with brushed-steel ironmongery FLOORING Luxury vinyl to living spaces Carpet to bedrooms HEATING Insulation and reduced heat-loss standards that meet orexceed the latest Building Regulation targets Gas-fired combi boilers for hot water and heating ELECTRICAL LED downlights throughout TV points to all principal rooms BT points to all principal rooms Fibre-enabled Smoke alarms, with heat alarm to kitchen Security video entry system Lift to all floors EXTERNAL Powder-coated aluminium windows Multi-locking front and patio doors Outside lighting to terrace Private terrace available to some units Secure gated undercover parking space with fob access Electric car charging points COMMUNAL AREAS Ground-floor tiled Other floors carpeted SERVICES Mains electricity, water, gas and drainage 10-year ICW Warranty CHARGES 125-year lease Apportioned service charge £1000 reservation fee IMPORTANT NOTICE: To make the lawyers happy – whilst these particulars and plans are prepared with all due care for the convenience of intended purchasers, the information contain herein is a preliminary guide only.
Neither the vendors or their agents or any persons in their employ has any authority to take or give representation, warranty or guarantee (whether oral or written) in respect of, or in relation to, the development or any part thereof.
All measurements indicated in the plans have been taken from architect’s plans and may differ from the finished build.
The computer-generated images are created from plan and are indicative only of how the complete building will appear.
The company employs a policy of continuous improvement, and it reserves the right to alter or amend the specification as necessary and without prior notice.
If you have read up to this point then you obviously have a keen eye for detail, which is probably part of the reason you will appreciate The Old Playhouse.
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 Bury St Edmunds, Suffolk
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