2-bedroom house · IP33 1JR
Let agreedReduced £100 (−7.4%) on 6 OctListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Traditional Victorian cottage a short walking distance from the town centre. Recently undergone a full refurbishment to present as a modern, stylish home.
Property compromises a sitting room, kitchen, bathroom, utility/hallway, cellar, two first floor bedrooms and a rear courtyard garden.
The accommodation comprises: sitting room Generous sized sitting room which features an original sash window, a feature fireplace to the centre of the room and exposed original floorboards.
Kitchen Newly fitted modern kitchen with a range of low level and high units, quartz worktops surrounding an underset sink unit.
Inset 4-ring induction hob with underset electric oven and fitted extractor fan and a fully integrated half dishwasher.
Utility room Providing plumbing for 2 appliances and an upright fridge/freezer bathroom Three piece bath suite including a panelled bath with shower overhead, pedestal wash basin, WC and a heated towel rail.
Bedroom Bedroom 1 newly carpeted, overlooking the front square bedroom Bedroom 2, newly carpeted and overlooking the courtyard garden courtyard garden The courtyard garden is laid to paving slabs allowing this area to be easily maintained.
Enclosed fence surrounding courtyard, outside light and tap. Cellar With electricity supply and lighting, to be used for packaged storage.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 31, Cannon Street, Bury St Edmunds
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