We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · IP2 8FA
Sold STCListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*shared ownership option 30% minimum* A beautifully presented modern 7th floor 2 double bedroom apartment with private balcony, secure underground carpark and easy access to town.
The stunning apartment has been lovingly maintained by the current owners and offers generous accommodation and communal rooftop garden.
The home is accessed via a secure lift system through the communal area, to the private front door.
The hallway provides access to the light filled living room which boasts a lovely balcony overlooking the town and river.
With separate kitchen, family bathroom and two generous bedrooms, the home would be ideal for couples looking for their first home or as a fantastic investment for a landlord looking for a home needing no work.
With secure fob access underground parking space and easy access to town, the train station and a variety of local amenities, the home is ideally located for those wanting convenient access to everything they'd need.
The property is currently owned on a shared ownership basis and is available to buy as either 30% or fully outright at 100% from the housing association.
Lease 125 Years from 1st October 2013 Service Charge - £3,850.00 per annum Ground Rent - £200 per annum *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
The total rent to pay at the start of the lease is based on the percentage of the remaining share of the market value you did not pay for. If you buy more shares in your home, the rent will go down.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 702, Avalon Court, 1, Great Whip Street, Suffolk
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