2-bedroom terraced house · IP2 9XU
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Pinewood development just a few minutes from the A12 and A14 commuter trunk roads lies this two-bedroom mid terrace house which is being sold with no onward chain and requires full renovation.
The property is ideal for someone looking for a project and comes with communal parking to the front and rear and a garage en bloc.
The accommodation comprises an entrance hall, kitchen, lounge, first floor landing, bathroom, and two bedrooms.
Pinewood is a sought-after location situated to the south-west of Ipswich offering a large array of amenities including local shops, supermarkets, takeaways, doctors’ surgeries, schools and regular bus routes.
The property is ideally located for access to Suffolk One college, the A12/A14 commuter road links, Copdock Interchange and Tesco Superstore and has regular bus links into the town centre.
The county town of Ipswich mixes historic character with a more modern waterfront and town centre.
You will find medieval streets and older buildings in areas like the town centre, alongside regenerated docks, restaurants, cultural venues, and the university area around the Waterfront.
The town is also an important economic hub for Suffolk, with strengths in business, education, culture, and links to nearby Felixstowe port and London by rail with a journey time of approximately 1hr 15mins to London Liverpool Street Station.
Ipswich offers a range of local amenities including schools, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park and Christchurch Park, and recreational facilities.
EPC Rating: Tbc Outside – Front The garden is laid to lawn with a path to the front door.
Entrance Hall Staircase rising to the first floor with understairs cupboard, and doors providing access to the kitchen and lounge.
Kitchen (2.51m x 2.4m) Fitted with a range of matching eye and base level units, roll edge work surfaces, sink and drainer, space for appliances, storage heater, and a window to the front aspect.
Lounge (4.24m x 4.14m) Window to the rear aspect, door opening out to the rear garden, storage heater, and a gas fire (not tested).
First Floor Landing Access to the loft and doors leading to the bathroom and bedrooms.
Bathroom A three-piece suite comprising a bath, low-level WC and hand wash basin, along with an airing cupboard and opaque window to the rear aspect.
Bedroom Two (3.45m x 2.29m) Window to the rear aspect and a storage heater. Bedroom One (4.14m x 3.05m) Window to the front aspect and a storage heater.
Outside – Rear The garden is laid to lawn and enclosed by fencing with a rear gate for access. Parking There is communal parking to the front and rear and a garage en bloc.
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
FAQ
About 3, Matlock Close, Suffolk
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