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 work2-bedroom bungalow · IP3 9BD
Listing removedReduced £10k (−3.1%) on 21 JunListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area of Ipswich, this spacious two-bedroom bungalow offers generous single-level living, a modern open-plan layout, and excellent practicality throughout - ideal for downsizers, professionals, or a small family seeking flexible accommodation.
The property is accessed via a welcoming entrance hall, providing central access to all main living areas and benefitting from useful built-in storage.
To the rear of the home is a stunning open-plan kitchen/diner/living room, creating a superb social and entertaining space.
The kitchen is well-positioned with excellent worktop space and natural light, flowing seamlessly into the dining and living areas, with bi-fold doors opening directly to the garden, enhancing indoor-outdoor living.
There are two well-proportioned bedrooms, including a generous main bedroom with fitted wardrobe space, and a comfortable second bedroom, ideal for guests, family, or home office use.
The centrally located bathroom is well-sized and functional, featuring a full suite including shower over bath, WC and basin.
A major highlight of the property is the substantial integral garage, offering excellent storage or workshop potential, making this a particularly versatile home.
Externally, the property benefits from garden access via the living area, with space for outdoor seating. Built in 2019, this property included New Home Warranty until 2029!
Located within easy reach of local shops, transport links, schools, and Ipswich town centre. Entrance Hall Underfloor heating throughout. Grey laminate flooring. Storage cupboard to right of entrance.
Double glazed frosted window to left of front door. Kitchen / Diner / Living Room (7.13 x 3.41 (23'4" x 11'2")) Underfloor heating throughout. Grey laminate flooring.
Bi-fold doors leading to garden to rear aspect. Integrated appliances including double oven, with gas hob and dishwasher. Stainless steel sink below double gazed window to rear aspect.
Matching kitchen base units and white worksurfaces. Bedroom 1 (4.12 x 3.36 (13'6" x 11'0")) Underfloor heating throughout. Grey laminate flooring. Double glazed window to front aspect.
Built in storage cupboard/wardrobe. Bedroom 2 (3.18 x 2.73 (10'5" x 8'11")) Underfloor heating throughout. Grey laminate flooring. Double glazed window to side aspect.
Bathroom (2.24 x 1.90 (7'4" x 6'2")) Shower over bath with ceiling rainfall shower head. Grey laminate flooring. Tiled splashback. Underfloor heating throughout. Heated towel rail.
Matching sink and WC units. Rear Garden Split level garden with patio from bifold doors. Side gate for access, and additional access to integral garage.
Integral Garage (7.21 x 3.07 (23'7" x 10'0")) Large integral garage with up and over door. Leading to driveway space for one vehicle.
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
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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, Ransome Road, Ipswich
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