3-bedroom detached house · IP18 6HQ
Sold STCListed 389 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ferryway is an extremely well presented modern detached home, situated in a popular location within the market town of Southwold This architect designed home has been renovated to a high standard to provide open plan and flexible living and offers panoramic views of the Southwold seaside and countryside.
You enter into the hallway, providing access to all main hubs of the home. Positioned to the front of the home is a good size utility room and study/reception room.
Located beyond this, to the rear, is a fabulous open plan kitchen/diner/sitting room with brilliant views over the marshes & fields.
Double doors lead into the rear garden, an ideal space to soak in the countryside beyond and great for alfresco dining. The accommodation also benefits from a cosy log burner.
Stairs rise to the first floor, leading to three double bedrooms.
Principal bedroom and bedroom two are situated to the rear of the home, overlooking the garden and towards Walberswick and bedroom 3, positioned to the front, is finished with double doors onto small balcony and access to a bedeck/ 4th bedroom.
The accommodation is finished with family bathroom and plenty of built in storage space.
To the rear of the home is a good size garden, accessed via the open plan accommodation or directly from the side of the home. There is also parking for a small car.
A picturesque and thriving market town, Southwold is dotted with independent boutiques, shops, a cinema and a variety of restaurants and cafes.
The town hosts annual festivals and there are numerous clubs and facilities catering for all interests. Epc- C - Tenure - Leasehold. 21 years starting from 1st February 2022.
Ground rent is £7250 per annum. Viewings - Strictly by appointment with the agent's Southwold Office. Services - Mains drainage, gas & water are connected, ground source heat pump & wood burner.
(Durrants has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order.) Local Authority - East Suffolk Council.
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 Ferry Road, Southwold
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