3-bedroom bungalow · IP7 7EG
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away and screened from the road, Red House Farm Bungalow in Bildeston is a spacious three-bedroom detached bungalow set within grounds of approximately a quarter of an acre (subject to survey).
Vacant and offered with no onward chain, it requires full refurbishment throughout and presents an excellent opportunity to create a home to your own tastes.
The accommodation extends to approximately 1,275 sq ft, with a generous living room opening into a dining area, a separate kitchen and utility room, plus an additional reception room.
The current utility and additional reception room benefit from their own external entrance and could lend themselves to conversion into an annexe, subject to any necessary consents.
There are also three generously sized bedrooms, a bathroom, a separate WC and built-in storage.
Outside, the established gardens feature lawned areas, mature shrubs and a variety of fruit trees, including apple and pear.
The grounds provide a secluded setting with plenty of scope for improvement, complemented by a driveway and double garage.
Access is from Wattisham Road, turning into the side road leading towards Chamberlin Hall. A right turn then leads down to the bungalow, tucked away in the corner.
With its spacious layout, tucked-away position and considerable potential, the bungalow will appeal to buyers looking for a renovation project they can make their own.
Useful information The property is freehold. Mains electricity, water and drainage are connected, with oil-fired heating.
The local authority is Babergh District Council and the property is currently in Council Tax Band D.
Broadband: Superfast broadband is indicated as available, with speeds of up to 52 Mbps download and 8 Mbps upload.
Mobile coverage: Good indoor and outdoor coverage is indicated for EE and Three, with good outdoor coverage for Vodafone and O2. Actual coverage may vary.
Services: Hizzy has not tested any of the services, installations or appliances. Buyers should satisfy themselves as to their condition and working order.
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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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 Wattisham Road, Bildeston
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