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See how verdicts work2-bedroom flat · IP32 7RH
For saleReduced £25k (−20.8%) on 1 AugListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor apartment is situated within Oxlip House, a purpose built complex for the over 55's, complete with extra care scheme and communal facilities.
Oxlip House offers resident and guest parking spaces with a bus stop to town centre adjacent and a Sainsburys metro store and take away within easy walking distance; gp surgery, eye clinic, post office, butchers, Tesco metro store are also accessible by road or pedestrian only route.
The apartment itself offers an entrance hall, cloakroom, sitting/dining room with direct access to a garden area, kitchen with a ceramic hob, fitted washing machine, dishwasher, free standing fridge, mid level oven and wall and base level units.
There are also two bedrooms, one with access to the Wet Room. The wet room, complete with a walk-in shower and mobility aids, completes the accommodation on offer.
Residents share the advantage of communal lounge, laundry, hair salon, restaurant, activities room and guest accommodation.
Opened in October 2010 this modern building comprises 52 one and two bedroom luxury apartments designed for independent living with the reassurance of 24-hour planned care and emergency response support from Oxlips trained and friendly care team.
Interested applicants will also be subject to a care assessment from Oxlip House.
Tenure: Leasehold Ownership: 75% Shared Ownership 75% is the maximum share you can purchase, there will therefore be no rent payable on the remaining 25% share Core Care Charge: £294.15 Tailored Care Charge (Minimum 4 Hours): £443.04 per month Catering Charge: £171.06 per month Service Charge: £641.75 per month Lease Term: 125 years from 6 July 2011 Lease Term Remaining: 110 Years Please be advised that bpha will undergo an affordability, care and eligibility qualification process for any potential purchaser.
Entrance Hall (12' 9'' x 8' 0'' (3.89m reducing to 1.91m x 2.45m)) WC (9' 3'' x 3' 1'' (2.83m x 0.93m)) Sitting Room (16' 11'' x 10' 3'' (5.16m reducing to 4.10m x 3.12m reducing to 2.08m)) Kitchen (10' 3'' x 8' 11'' (3.12m x 2.73m)) Bedroom (14' 2'' x 9' 11'' (4.32m x 3.01m)) Bedroom (11' 1'' x 9' 1'' (3.39m x 2.76m)) Shower Room (9' 5'' x 8' 4'' (2.87m reducing to 1.87m x 2.53m))
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
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FAQ
About 20 Oxlip House, Airfield Road, Bury St. Edmunds
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