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See how verdicts work2-bedroom house · IP33 2RN
Listing removedListed 537 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain. A first floor two-bedroom apartment for the over 60's.
The accommodation offers an entrance hall, sitting room with balcony that overlooks the gardens, kitchen, two bedrooms, both with built-in cupboards, and a bathroom.
The property also benefits from emergency alarms in each room connected to the Sanctuary Housing alarm system, communal gardens, parking.
Additional Information Tenure: Leasehold Lease Term: 99 years from 1st August 1986. (60 years remaining) Service Charge: £286.57 per month. Ground Rent: £60 per annum.
(2025/26) Mobile Coverage: EE, O2, Three & Vodafone are listed as 'likely' in this area. (Source Ofcom) Broadband: Standard, Superfast & Ultrafast are available in this area.
(Source Ofcom) Services: Mains Electric, Water and Drainage. Heating via electric heaters.
(Please note that none of these services have been tested by the selling agent.) Entrance Hall (13' 3'' x 5' 7'' (4.03m x 1.70m)) Sitting Room (15' 7'' x 11' 10'' (4.74m x 3.60m)) Kitchen (8' 9'' x 10' 4'' (2.67m x 3.14m)) Bedroom (12' 3'' x 13' 3'' (3.74m x 4.04m)) Bedroom (9' 7'' x 8' 0'' (2.93m x 2.44m)) Bathroom (7' 9'' x 6' 3'' (2.36m x 1.91m)) Communal Hallway Communal Gardens
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 23, Southgate House, Bury St Edmunds
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