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See how verdicts work3-bedroom semi-detached house · IP28 8ZL
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This rarely available modern shared ownership property is offered at a 40% market share at £112,000 (100% share is £280,000) with rent share £533.82 (including building insurance) and represents an ideal opportunity to get onto the housing ladder.
Situated at the end of a PRIVATE CUL-DE-SAC in the popular village of RED LODGE, this THREE bedroom, SEMI DETACHED house combines modern living with a convenient location offering EXCELLENT TRANSPORT LINKS, local parks and nearby amenities.
Finished with attractive WOOD PANNELLING throughout and thoughtfully upgraded interiors not common in shared ownership properties.
Further highlights include a LANDSCAPED REAR GARDEN, driveway parking for two vehicles and well-balanced accommodation ideally suited to FIRST TIME BUYERS.
The ground floor offers a spacious and sociable layout comprising a living/dining room complete with a media wall and patio doors opening onto the rear garden, alongside a well-appointed kitchen with integrated appliances, a cloakroom and a generous entrance hall with practical space for coats and shoes.
Upstairs, there are three well-proportioned bedrooms, including a principal bedroom with fitted five-panel wardrobes, together with a modern family bathroom.
Outside, the property benefits from driveway parking for two vehicles, side access and a beautifully landscaped rear garden Offering a move-in ready finish and a tucked away position within a popular village setting, this home provides an ideal balance of style, practicality and affordability.
Early viewing is highly recommended to appreciate everything this property has to offer.
In more detail the accommodation comprises of: ENTRANCE HALL Featuring herringbone flooring with useful storage space beneath the stairs, and further full height cupboard with electric currently housing a tumble dryer.
LIVING/DINING ROOM A bright and sociable space with window to the rear aspect and French doors opening onto the garden. The room also benefits from a stylish media wall with built-in storage.
KITCHEN Fitted with a range of wall and base units alongside worktops incorporating a one and a half bowl sink.
Includes a built-in oven, gas hob with cooker hood above, and integrated fridge/freezer, dishwasher and washing machine.
CLOAKROOM Modern suite comprising a pedestal basin and WC, finished with herringbone flooring. LANDING Providing access to the loft.
BEDROOM THREE Well-proportioned room with two built-in double wardrobes and a window overlooking the rear aspect. BEDROOM TWO Double bedroom with window to the front aspect.
BEDROOM ONE Double bedroom with a fitted five-panel wardrobe and window to the rear aspect.
BATHROOM Modern suite comprising a bath with shower above and glass screen, pedestal basin, WC and heated towel rail. Also features a built-in storage cupboard and window to the front aspect.
OUTSIDE To the front, mature shrubbery borders the property, with a driveway providing off-road parking for two vehicles and side access to the rear.
The landscaped rear garden is laid primarily to patio, with a bordered lawn area, decking space and a wooden shed. Tenure: Leasehold.
Lease of 125 years with approx 117 years remaining Construction Type: Brick & tile Heating: Gas central heating to radiators Windows/doors: UPVC Double glazing/Single glazed Council Tax: Band C - £2,023.22 (2026/2027) Drainage: Mains AGENTS NOTE 1) Buyers will need to meet certain requirements.
- Flagship housing association requirements. - Affordability criteria. - Housing need requirements. (contact office for details) Please contact the office for further details.
2) Sale is offered at a fixed price Red Lodge offers amenities and facilities including a post office, a modern doctor’s surgery, dentist, primary schools, a public house, and the ‘Millennium Centre’.
The village shopping centre has just been built and consists of a food takeaway, pharmacy, and a general store. The sports facilities offer changing rooms and football pitches etc.
More extensive amenities can be found in the close by market town of Mildenhall and the headquarters of British racing, Newmarket.
Mildenhall is approximately two miles from the A11 five ways roundabout which gives easy access to a greater variety of amenities found in Thetford (12 Miles) and Norwich to the Northeast and Newmarket (10 miles) and London to the South and Southwest.
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 Buckthorn Way, Red Lodge, Bury St. Edmunds, Suffolk, IP28
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