2-bedroom house · IP12 1PR
No longer listedListed 96 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful two bedroom mid-terrace cottage boasting plenty of character, situated in the centre of the popular village of Melton just outside Woodbridge.
The property boasts character and original features throughout and benefits from a lovely enclosed garden to the rear.
Located centrally in Melton, within easy reach of Woodbridge, the property is also provides easy access to local amenities, the A12 and Melton trainline.
You enter the property into a small entrance porch, with door leading to the living room. This room is full of charm and character with an array of exposed beams and beautiful feature fire place.
Off of the living room is a small hallway, with good size storage cupboard and doors to the bathroom and kitchen. The bathroom benefits from bath with shower above, wc and hand wash basin.
The kitchen is to rear and is a good size with a range of base and eye level units, breakfast bar, sink, cooker and spaces for appliances.
Door leading to stairs rising to the first floor and further door to a lean-to offering versatile use.
On the first floor there are two bedrooms, both of which are double size and the principle bedroom benefits from a spacious storage cupboard.
The property benefits from gas central heating and double glazed windows.
To the rear is a lovely enclosed rear garden featuring a mall rose garden, raised patio area with planters and to the rear is a large shed/workshop. Rights of way access either side.
There is on road parking nearby and a car park opposite that offers free parking. Important Information Letting information The rent is exclusive of utilities and council tax.
Deposit - £1,153.84 or our deposit replacement product Availability - now!
Council tax band – B EPC rating – D Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Broadband Availability - Standard, Superfast and Ultrafast available (Ofcom Broadband Checker - July 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – July 2026) Holding deposit - Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 87, The Street, Woodbridge
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