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See how verdicts work2-bedroom terraced house · IP28 8GA
Listing removedListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bedroom mid terraced property forming part of a group of 8 similar homes situated in a popular residential development.
The house is offered with no chain and benefits from an open plan living room, dining area and fitted kitchen, a ground floor cloakroom and gas central heating.
features include 2 bedrooms and a bathroom on the first floor, communal gardens and off road parking adjacent to the building.
Location Red Lodge is situated just off and by-passed by the A11 approximately 5 miles north east of Newmarket and some 4 miles from Mildenhall and is particularly well placed for access to a number of the region's principal centres, in particular Bury St Edmunds, Cambridge, Mildenhall and Newmarket.
The village has expanded greatly in recent years bringing new facilities including a primary school, small parade of shops and leisure facilities. Entrance hall With a part glazed entrance door.
Cloakroom WC with a hand basin and low level WC, radiator and window to the front aspect. Living/dining room with stairs to leading to the first floor and under stairs storage cupboard.
Kitchen open plan with the living room with a range of modern fitted base and wall mounted units, matching worktops over, tiled splash backs with inset stainless steel sink and drainer, integrated 4 burner stainless steel hob and double oven and grill with extractor hood over.
Integrated washing machine, dishwasher and fridge/freezer. First floor landing with an airing cupboard with a gas fired boiler, access to the roof space. Bedroom 1 with a built in wardrobe.
Bedroom 2 a double aspect room with windows to the front and side aspect.
Bathroom Fitted with three piece suite comprising a panelled kidney bath with a shower over, hand basin and low level WC, part tiles walls.
Outside The property forms a part of a block of just 8 2 bedroom homes with established communal gardens with lawned areas and mature hedge borders and paved pathways leading to the individual homes.
To the side of the property is a large communal parking area with a dedicated parking space.
AGENTS' NOTE The property is currently rented out and the photographs are representative of the tenant's furniture and possessions.
Services and tenure Mains water, gas, drainage and electricity are connected. The property is in very low flood risk area. The property in not in a conservation area.
The property has a registered title. Internet connection, basic: 3 Mbps, Superfast 89Mbps, Ultrafast: 1800Mbps. Mobile phone coverage by the four major carriers available.
EPC: C Council Tax B West Suffolk District Council Viewing By Arrangement with Pocock + Shaw Service charge There is an annual service charge of £389.00 for October 2025 to September 2026.
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.
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FAQ
About Russet Drive, Red Lodge
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