4-bedroom detached house · IP3 8DH
Listing removedListed 56 days · slow let
Opportunity summary
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About
Palmer & partners lettings & management are pleased to offer to the market this four bedroom detached house which is located within walking distance of Ipswich marina and Holywells Park to the East of Ipswich town centre.
The property benefits from off road parking and car port as well as comprising an entrance hall, cloakroom, lounge, dining room, kitchen, first floor landing, master bedroom with en-suite shower room, three further bedrooms and a family bathroom.
Entrance Door Through To: Entrance hall, window to the front aspect, radiator, stairs to the first floor, doors to: Ground Floor Cloakroom Two piece suite comprising hand wash basin and low level WC, double glazed window to the side aspect.
Lounge 4.11m (13'6") x 4.01m (13'2") max Double glazed window to the front aspect, radiator, French doors into: Dining Room 4.22m (13'10") x 3.20m (10'6") Two double glazed windows to the rear aspect, door opening out to the rear garden, two radiators.
Kitchen 2.87m (9'5") x 2.69m (8'10") Fitted with a range of matching eye and base level units, roll edge work surfaces, inset sink and drainer, tiled splash backs, built-in electric oven and gas hob with extractor hood over, space for fridge freezer and tumble dryer, space and plumbing for washing machine, wall mounted boiler, double glazed window to the rear aspect, double glazed door opening out to the rear garden.
First Floor Landing Double glazed window to the side aspect, airing cupboard, loft access, doors to: Master Bedroom 3.45m (11'4") x 3.25m (10'8") Two double glazed windows to the front aspect, built-in double wardrobe, radiator, door to: En-Suite Shower Room Three piece suite comprising shower cubicle, pedestal hand wash basin and low level WC, tiled splash backs, extractor fan, double glazed window to the side aspect.
Bedroom Two 3.78m (12'5") x 2.44m (8'0") Double glazed window to the rear aspect, built-in double wardrobe, and radiator.
Bedroom Three 3.15m (10'4") x 2.62m (8'7") Double glazed window to the front aspect, radiator. Bedroom Four 2.87m (9'5") x 2.03m (6'8") Double glazed window to the rear aspect, radiator.
Family Bathroom Three piece suite comprising panel enclosed bath, pedestal hand wash basin and low level WC, radiator, part tiled walls, double glazed window to the rear aspect.
Outside The sloped front garden is laid to lawn, retaining brick wall, steps up to the front door, gated side access to the rear garden.
The rear garden is mainly laid to lawn, patio area, enclosed by panel fencing and retaining brick wall, block paved driveway providing off road parking leading to a car port.
The driveway is accessed via double gates.
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 2, Mitre Way, Suffolk
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