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See how verdicts work3-bedroom semi-detached house · IP2 8LJ
Sold STCReduced £10k (−4.1%) on 20 MayListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is located close to Bourne Park on the Wherstead Road providing easy access to the Orwell estuary, Orwell bridge area, marina and most attractive Suffolk food Hall, also providing easy access to the A14.The Suffolk county town of Ipswich offers a wide range of facilities including mainline railway link to London's Liverpool Street.
The A14 trunk road offers access in an easterly direction to the A12 and Felixstowe and in a westerly direction to Bury St Edmunds, Cambridge and on to the Midlands.
This established house offers enormous potential, ready for immediate occupation with good room sizes throughout including two generous ground floor reception rooms as well as a kitchen and three good size bedrooms and family bathroom on the first floor.
The property benefits from gas fired heating to radiators with modern Baxi boiler, PVC windows and doors.
Other features include a wide block paved drive and south/westerly rear garden, in excess of 150ft. Internal viewing is highly recommended. COVERED ENTRANCE: PVC double glazed entrance door.
RECEPTION HALL: 13' 6" x 5' 6" (4.11m x 1.68m) Built-in understairs storage cupboard housing the modern Baxi wall mounted gas fired boiler, stripped and polished wooden floor, radiator.
SITTING ROOM: 11' 7" x 11' 6" (3.53m x 3.51m) Radiator, picture rail, panel door, chimney breast fitted with decorative wooden surround inset with gas flame effect fire, generous PVC triple glazed window to the front aspect.
DINING ROOM: 12' 3" x 10' 6" (3.73m x 3.2m) Radiator, chimney breast with decorative wooden surround and feature fireplace, open grate with tiled hearth, stripped and polished wooden flooring, PVC double glazed French doors opening to the rear garden.
KITCHEN: 9' 7" x 6' 5" (2.92m x 1.96m) Fitted with a good range of base and wall mounted units having wood effect doors and drawer fronts, marble effect worktops inset with stainless steel single bowl sink unit with flexi mixer tap, built-in stainless steel and glass eye level double oven/grill, inset four ring gas hob, extractor fan connected over, plumbing for dishwasher, space for fridge/freezer, tile effect flooring, tiled splash backs, open to the utility area generous PVC double glazed window to the side aspect.
UTILITY AREA: 9' 9" (2.97m) Long. Built-in matching storage cupboards, space for washing machine and tumble dryer, tiled splash backs, half glazed PVC door leads to the garden.
FIRST FLOOR GALLERIED LANDING: Decorative pine balustrading, access to the insulated loft space, stripped panelled doors, generous PVC double glazed window to the side aspect.
BEDROOM 1: 12' 3" x 10' 5" (3.73m x 3.18m) Radiator, chimney breast, space for wardrobes, generous PVC double glazed window with views over the rear garden.
BEDROOM 2: 11' 5" x 11' 3" (3.48m x 3.43m) Radiator, chimney breast, space for wardrobes, picture rail, generous PVC triple glazed window to the front aspect.
BEDROOM 3: 8' 9" x 6' 7" (2.67m x 2.01m) Radiator, generous PVC double glazed window overlooking the rear garden.
FAMILY BATHROOM: Modern white suite comprises panel bath with mixer tap, separate shower connected over, low level wc and ceramic pedestal wash hand basin with mono mixer tap, extensive wall tiling with feature panels, radiator, extractor fan, geometric style flooring, PVC triple glazed window to the front aspect.
OUTSIDE: The property is set nicely back from the road with wide block paved drive and retaining walls to the front, parking for two side by side cars.
Pedestrian access to the side leads to gated access to the rear garden.
The impressive rear garden comprises substantial paved terrace with timber pergola providing shade, extensive lawn is approximately 150ft in length, two good condition timber garden stores, fenced boundaries, offering a good degree of seclusion facing south/westerly.
POSTCODE: IP2 8LJ ENERGY RATING: C - 69 VIEWING: By arrangement with the agents, Hamilton Smith, , or email us at You can also visit our web site
Value & comps
No previous sales on record.
Returns
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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 Wherstead Road, Ipswich, Suffolk, IP2
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