3-bedroom house · IP4 5ND
For saleListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Spring Road in the popular IP4 area, this three-bedroom terraced home offers a fantastic opportunity for both investors and first-time buyers alike.
The property is currently tenanted, providing immediate rental income for investors, while also offering the option for vacant possession should a buyer wish to occupy the property themselves.
The accommodation offers a front-facing living room, separate dining room, kitchen to the rear and a ground floor bathroom.
To the first floor are three bedrooms, with the third accessed via the second, offering a flexible layout suited to a range of uses such as a dressing room, nursery, or home office.
Externally, the property benefits from a good sized rear garden, providing excellent outdoor space and further potential for landscaping if desired.
While the property would benefit from a degree of modernisation and investment, it presents a great opportunity to add value and personalise, making it an ideal purchase for those looking to put their own stamp on a home or expand a rental portfolio.
Entrance Entrance door to front aspect, providing access to the main living accommodation, this porch area provides space for shoe storage and coats if needed.
Living Room A front-facing reception room offering a comfortable living space, with natural light from the window to the front. A well-proportioned room with scope to update and personalise.
Dining Room Positioned centrally within the home, the dining room provides a versatile second reception space, ideal for dining or additional living use.
Offering access through to the kitchen and useful understairs storage.
Kitchen Galley style kitchen fitted with a range of wall and base units with work surfaces over, inset sink and space for appliances.
A practical layout with access through to the rear lobby and bathroom. Offering scope for modernisation. Bathroom Fitted with a bath with shower over, wash hand basin and WC.
A window to the side aspect provides natural light and ventilation. A functional space with potential to update.
Bedroom One A generously sized double bedroom positioned to the front of the property, currently arranged with a bed, furnishings and study area, highlighting the excellent proportions on offer.
A double glazed window to the front aspect allows for natural light, creating a bright and comfortable space.
The room offers scope for modernisation, allowing a buyer to personalise to their own style if desired.
Bedroom Two A further generously sized double bedroom benefiting from a built-in overstairs storage cupboard.
The room offers ample space for a double bed, wardrobes and a study area, making it both practical and versatile.
Bedroom Two also provides access through to Bedroom Three, which could be utilised as a home office, nursery or dressing space.
Bedroom Three Located to the rear of the property and accessed via Bedroom Two, this versatile third bedroom is currently utilised as storage.
The space offers excellent potential to update and repurpose as a study, nursery or dressing room, with scope for alternative uses such as an en-suite (subject to the necessary consents).
A built-in cupboard houses the recently installed boiler.
Rear Garden A generously sized rear garden, mainly laid to lawn with a range of established planting and features, offering excellent potential to landscape and create an enjoyable outdoor space.
The garden also benefits from gated side access, with a right of way in place for neighbouring properties.
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 279, Spring Road, Ipswich
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