2-bedroom semi-detached house · IP23 7PQ
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi-detached 2 bedroom house. Ex-local authority benefiting from long rear garden. Generous frontage. Double glazing and storage heating, however requires modernisation. Field views to front.
Popular village just a few miles from Eye. No onward chain. Location Occold is a popular village which has an active community and well regarded primary school.
Close by is the small town of Eye which offers a good range of day-to-day facilities including well regarded secondary schooling and is steeped in history with its castle mound and abbey remains.
The surrounding countryside is attractive with many interesting country walks and the town is well place for access to the A140 with both Norwich and Ipswich around 25 miles away, Diss and its mainline railway station on the Norwich to London Liverpool Street line (journey time to London 90 minutes) just 6 miles away and the Heritage Coast around Southwold, Aldeburgh and Walberswick within 40 minutes or so by car.
Property An ex-local authority house offering excellent scope for improvement which also provides an ideal blank canvas for a single person or couple to transform into a loving home.
The property layout is typical of its age, offering a small entrance lobby with stairs to first floor, front sitting room and kitchen/diner with larder and rear entrance lobby.
Upstairs there are two bedrooms and bathroom with airing cupboard. Outside Long lawn to front with path to side leading to front entrance.
Access at the side opens to the rear garden, again, with long lawn. Brick built outhouse with WC. Services Mains water and electricity are connected. Private drainage. Electric storage heaters.
Agent notes: Due to the sellers not having lived at the property, detailed information is limited. How to get there What3words: ///trader.climate.emeralds Viewing By appointment with TW Gaze.
Council Tax: B Tenure: Freehold Anti-Money Laundering, Terrorist Financing and Transfer of funds Regulations 2017.
In line with the regulations, TW Gaze are legally required to carry out aml due diligence checks on all proposed legal purchasers involved in the transaction.
A charge of £25.00 + VAT (£30.00 Inc VAT) processing fee is applicable for each purchaser once an acceptable offer is agreed. Ref: 2/19751/rm
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.
Area
Agent & docs
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FAQ
About 6, Bulls Hall Road, Occold
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