2-bedroom bungalow · IP11 9HH
Sold STCListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In addition to the two bedrooms the bungalow benefits from off road parking, garage and a private generous size south facing rear garden.
The accommodation in brief comprises entrance porch, entrance hall, cloakroom, lounge/diner, kitchen, two bedrooms and a bathroom.
Windows are of double glazed construction and heating is supplied in the form of electric storage radiators.
Colneis Road is an established and popular residential road located in Old Felixstowe with the property a short distance away from the seafront and Felixstowe town centre.
A viewing is highly recommended to appreciate the potential the bungalow has on offer.
ENTRANCE DOOR Opening into :- ENTRANCE PORCH 4' 8" x 3' 2" (1.42m x 0.97m) Door opening into :- ENTRANCE HALL 14' 4" X 7'9" reducing to 2' 11" (4.37m x 0.89m) Door to rear lobby and further doors to :- LOUNGE/DINER 19' 11" x 12' (6.07m x 3.66m) Electric storage radiator, TV point, patio doors to rear garden and further door to :- BEDROOM ONE 10' 8" x 10' 8" (3.25m x 3.25m) Electric storage radiator, window to rear aspect, fitted wardrobes.
BEDROOM TWO 10' 10" x 6' 11" (3.3m x 2.11m) Electric storage radiator, window to side aspect, fitted wardrobes.
KITCHEN 10' 4" x 8' 6" (3.15m x 2.59m) Fitted worktops with a tiled splashback, fitted storage units and drawers below, stainless steel sink unit with mixer tap and single drainer, space and plumbing available for a washing machine, freestanding Logic double oven electric cooker, electric storage radiator, airing cupboard housing emersion water heater, pantry cupboard, window to front aspect.
BATHROOM 6' 11" x 6' 5" (2.11m x 1.96m) Suite comprising low level WC, wash hand basin, panelled bath with electric shower over, part tiled walls, electric storage radiator, extractor, obscured window to front aspect.
REAR LOBBY Door to outside, and further door to garage and further door to :-- CLOAKROOM Suite comprising high level WC, obscured window to rear aspect.
OUTSIDE To the front of the property is a concrete driveway enabling off road parking and a pathway leading to the entrance door, the remainder of the garden is laid to lawn with established shrub and plant border.
the rear garden is south facing, not overlooked and is mainly laid to lawn with an established shrub and plant border and is enclosed by fencing, outside tap.
GARAGE 16' 2" x 9' 10" (4.93m x 3m) Up and over door, light and power connected. COUNCIL TAX Band 'C'
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 Colneis Road, Felixstowe
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