2-bedroom terraced house · IP28 8TJ
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY SUMMARY This mid terraced 2 bedroom house is offered to the market with NO ONWARD CHAIN and overlooks a small green within the well served village of Red Lodge.
The property offers accommodation consisting of a reception hallway with useful storage cupboard, spacious lounge with sliding doors to the rear garden alloiwng natural light to flood the room, fitted kitchen, 2 bedrooms and a bathroom with shower over the bath.
ACCOMODATION Entering the property through a uPVC front door into the hallway which has a modern Dimplex Quantum storage heater, stairs leading to the first floor and useful storage beneath.
LOUNGE With large upvc sliding doors leading to the rear garden and a modern Dimplex Quantum storage heater. FITTED KITCHEN With uPVC window overlooking the green to the front.
The kitchen is fitted with a range of base and wall mounted cabinets with complimentary worksurfaces and an inset sink.
Spaces for a cooker, fridge/freezer and washing machine with associated plumbing. LANDING With access into... BEDROOM ONE With two upvc windows to the rear and a modern Dimplex Quantum storage heater.
BEDROOM TWO With upvc window to the front, modern Dimplex Quantum storage heater, storage cupboard and airing cupboard housing the hot water cylinder.
BATHROOM With a suite consiting of a panelled bath with electric shower above, wash basin and w.c. OUTSIDE The front garden is predominantly laid to lawn with a pathway to the canopied front door.
The rear has a simlar layout with a mostly lawned garden and an access gate to the pathway at the rear.
THE AREA The village of Red Lodge sits along side the A11 therefore providing good road links to Norwich, Newmarket, Cambridge and London via the M11.
The village is well served with a Nisa, Tesco Express, public house, takeaway, hair dressers, primary school and playing fields with further services located in the towns of Mildenhall, Newmarket and Bury St Edmunds.
ADDITIONAL INFORMATION EPC Rating: D/59 Council Tax Band: B Internet Connection: Openreach reports available download speeds up to 1600Mbps and upload speeds of up to 115Mbps through Full Fibre Broadband Mobile Phone Coverage: OFCOM reports 'LIKELY' signal outside of the property.
Construction Type: Standard brick cavity walls and tiled roof.
Type of Heating: Electric Parking: Unallocated parking to the front General Comments: N/A Flood Risk: Low risk of flooding from surface water and Very Low risk of flooding from rivers.
Planning Permission: N/A Services Connected: Mains electric, drainage and water are connected but have not been tested.
Please be aware that the property dimensions are measured internally with a laser measure and to the maximum point of the room.
Due to the nature of the measuring device, there may be a deviation of approximately 5mm
Value & comps
No previous sales on record.
Returns
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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 Red Lodge, Suffolk, IP28 8TJ
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