1-bedroom house · IP33 2RN
For saleListed 462 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented first floor retirement apartment, forming part of the popular Southgate House development, designed exclusively for those aged 60 and over.
Offered for sale with no onward chain, the property provides comfortable, secure and easily maintained accommodation, ideal for anyone seeking independent living or a convenient “lock up and leave” home.
The accommodation is served by electric heating and includes a reception hall, shower room, generous sitting room with patio doors opening onto a balcony, fitted kitchen and a good-sized double bedroom with fitted wardrobe furniture.
The apartment enjoys lovely views over the communal gardens, while each room benefits from an emergency pull cord system linked to the on-site manager or, when unavailable, a 24-hour central monitoring service.
EPC Rating: D Sitting Room 3.73m x 4.75m Kitchen 2.64m x 3.12m Bedroom 2.97m x 4.75m General Information/Lease Agents Note - The property is leasehold and it is a condition of purchase that residents be over the age of 60 years and are approved by the Sanctuary Housing Association.
Tenure - For sale LEASEHOLD with vacant possession upon completion. Lease: Commenced 99 years from 1986. Service charge: £3361.80 per annum. Ground rent: £60 per annum.
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 Rougham Road, Southgate House Rougham Road, IP33
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