3-bedroom terraced house · IP18 6JZ
To rentReduced £100 (−8.3%) on 25 SepListed 180 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Durrants are proud to offer this well presented end terrace house to let.
It is situated in a popular development on the outskirts of Reydon, boasting three bedrooms, an enclosed rear garden and garage.
Garage - With electric power socket outlets Garden - Enclosed with water feature Lounge/Diner - French Doors to Garden, Window to Rear, Carpeted, Radiators x 2, Under stairs Cupboard Hallway - Door to Front, Wood Effect Flooring, Radiator Wc - Wood Effect Flooring, Radiator, White W/C, White Hand Wash Basin Kitc - Window to Front, Tiled Flooring, Integrated Oven and Hob, Integrated Fridge/Freezer, Cream Wall and Base Units, Stainless Steel Sink and Draining Unit Stairs/Landing - Carpeted, Loft Hatch Bathroom - Vinyl Flooring, Window to Front, White W/C, White Bath with Shower Over, White Hand Wash Basin, Stainless Steel Towel Radiator, Shaving Socket Outlet Bedroom 1 - Window to Front, Carpeted, Radiator Bedroom 2 - Window to Rear, Carpeted, Radiator, Mirrored Free Standing Wardrobe Bedroom 3 - Window to Rear, Carpeted, Radiator Terms Of Letting - TERMS OF LETTING 1.
A rent of £1295 per calendar month will be payable in advance by standing order. 2. Council tax - tenant responsible for charge 3. Services - tenant responsible for utilities 4.
Deposit of £1494 is required.
If held by Durrants it will be held under the Government approved scheme run by The Dispute Service – full details available from Durrants or interest is paid on this amount. 5.
If the deposit is held by the landlord Durrants will provide the name of the Government approved scheme the landlord is registered with. 6. The landlord will not consider applicants who are smokers.
7. Pets will be considered at the Landlords discretion. 8. Where Durrants manage a property they will make mid-term inspections. 9.
Permitted fees which may be applicable: Holding Deposit – One weeks rent, this is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within four weeks.
Security Deposit – This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid rent – Interest at 0.75% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears. Lost Keys – Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
Variation of contract - (Tenant request) - £50 (inc. VAT) per agreed variation.
To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents. Change of Sharer – (Tenants request) £50 (inc.
VAT) per replacement tenant.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination – (Tenants request) - Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
The processing time from a tenant deciding to take a property to them having possession normally takes an average of three weeks.
If you would like a guide of the income level needed for the amount of rent required, contact us prior to referencing.
PLEASE NOTE BY SIGNING A TENANCY AGREEMENT YOU ARE ENTERING INTO A LEGALLY BINDING CONTRACT
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Old School Drive, Reydon, Southwold
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