2-bedroom semi-detached house · IP16 4AL
Sold STCListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Leiston is this beautifully presented two-bedroom semi-detached house which comes with off-road parking for two cars and a delightful courtyard style rear garden.
As agents, we recommend the earliest possible internal viewing to appreciate the quality of accommodation on offer which comprises living room with log burner, dining room with log burner, stylish refitted kitchen, first floor landing, two bedrooms, and the bathroom.
Leiston is found a short drive inland from Suffolk’s Heritage Coast between Thorpeness and Aldeburgh, approximately 6 miles from Snape Maltings and approximately 5 miles from RSPB Minsmere.
Home to the Long Shop Museum, Leiston has a good range of shops and amenities for all ages including a Co-op supermarket, chemists, hardware stores, a post office, doctors and dentist surgeries, a primary and secondary school, vets, library, sports centre, cinema and recreational parks as well as a good selection of pubs and fast-food takeaways.
The town is served by a regular bus service to outlying villages and beyond and with Saxmundham’s railway station only four miles away, Ipswich and London are easily accessible.
You can also explore the 14th century Leiston Abbey ruins.
Outside – Front Double-width driveway providing off-road parking for two cars, gated side access to the rear garden, and steps up to the wooden front door with iron railings.
Living Room 12' 0" x 10' 11" Double-glazed window to the front aspect and side aspect, log burner, built-in shelving, carpet and laminate floor, and door through to: Dining Room 9' 7" x 9' 0" Double-glazed window to the rear aspect, log burner with exposed brick surround, understairs cupboard with power and light connected, and door through to: Inner Hallway Double-glazed door opening out to the side, stairs to the first floor, and door through to: Kitchen 9' 9" x 6' 2" Refitted with a range of stylish gloss eye and base level units with roll edge work surfaces, stainless steel sink and drainer, integrated electric oven and ceramic hob with extractor hood over, space and plumbing for a washing machine, laminate floor, and double-glazed windows to the rear and side aspects.
First Floor Landing Double-glazed window to the side aspect, airing cupboard housing the boiler, loft access, and doors to the bedrooms and bathroom.
Bedroom One 12' 0" x 10' 10" Double-glazed window to the front aspect, feature fireplace, and radiator.
Bedroom Two 9' 7" x 5' 6" Double-glazed window to the rear aspect, exposed brick chimneybreast, and radiator.
Bathroom A three-piece suite comprising bath with shower over, low-level WC and hand wash basin; with a built-in cupboard, radiator, and double-glazed opaque window to the side aspect.
Outside – Rear The low-maintenance courtyard style garden has an outside tap and light and is fully enclosed by fencing.
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
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FAQ
About Prospect Place, Leiston, Suffolk, IP16
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