3-bedroom terraced house · IP23 7BU
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A short walk from the shops, this stylish 3 bedroomed town house with garage offers two reception rooms, well appointed kitchen, ground floor cloakroom, good hallway and landing plus bathroom and en suite shower room.
Importantly the rear south facing garden has a gate from the side. This collection of homes, built by Bennett Homes, is specifically for those over the age of 55.
With only one former owner from new, this well planned attached house, one of only three examples within the development, sits particularly nicely having an outlook from the front onto the nicely established and well maintained central gardens.
Its pretty frontage with railings and planted shrubs strikes a pleasing note upon arrival as one follows the pathway to the front entrance door beneath the canopy porch.
The layout of the interior is built around the long turning hallway from where stairs rise to a roomy and well lit central landing serving the three bedrooms and bathroom.
Downstairs, the layout allows for a good circular flow linking lounge with dining room and returning to hallway where the kitchen sits across with a south facing window onto the rear garden.
The stairs sit within a wide stairwell enabling two turns and a gradual rise via two small landings en route to the first floor. A stairwell window serves both the first floor and inner hallway.
The roomy first floor includes three good size bedrooms with well appointed bathroom and en suite shower room.
The two floors combine to create what I consider to be a 'proper' house and deserving of interest from younger 50' somethings as well as the older retirees.
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
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FAQ
About 2, Old Brew House Court, Eye
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