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See how verdicts work3-bedroom semi-detached house · IP23 8GA
For saleReduced £20k (−6.8%) on 25 OctListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
On the market having found somewhere else to buy! An above average, owned since new (2015) semi-detached house very nicely improved and maintained and with two parking spaces.
The stylish, roomy interior has smart flooring and design touches throughout and is a good home whether starting out or in later life.
This is a superb 3 bedroom semi-detached house of surprising and above average proportion and specification was built by Drinkstone Homes. completing in around 2015.
Originally benefitting from NHBC certification it has been owned since by the current owner. Both the interior and exterior have not only been particularly well maintained but also improved since.
The gardens for example have not long been re-fenced with smart close boarded fencing and gates along with the laying of Indian sandstone surfaces.
The neatly trimmed front hedge also now has upgraded post and rail fencing setting off the front of the property and the pathway leading up to the canopy entrance porch and front door.
Internally, you will be struck by the layout and proportion with surprises both downstairs and up.
Oil fired radiator heating is installed throughout and oriental timber windows and doors have been replaced (2022) by Stratton Glass with PVCu double glazed units.
To the rear, accessed by the driveway into Wheelwright Close are two side by side parking spaces on a brick weave surface.
Location Wheelwright Close is in the centre of the village facing the Mellis Road.
The small development of which this property is part, combines with those opposite to complete the residential nature of the setting.
The village pub, just along the road on the junction with Old Norwich Road, now offers a popular restaurant facility and is a focal point for the village along with the Village Hall and Parish Church.
Just West of the A140, the village is well placed for access to the main arterial road connecting Norfolk and Suffolk. Equally, via neighbouring Mellis, the A143 leads to Bury St Edmunds and the A14.
Just across the A140 is the small town of Eye serving everyday needs along with High Schooling to which Mellis Primary school 'feeds'.
Direction 3 Wheelwright Close is easily found alongside the village through road whether turning off the A140 or A143 via Mellis.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Wheelwright Close, Yaxley, Eye, Suffolk, IP23
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