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See how verdicts work2-bedroom terraced house · IP23 7DE
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A just finished refurbishment of this 2 bedroom modern terraced house features fresh decoration and new floor coverings throughout.
The kitchen has built-in appliances including oven, hob with extractor along with an integrated fridge freezer.
Likewise, windows and exterior doors were replaced under previous ownership when previously sold by Harrison Edge. A nice touch by the current owners is the inclusion of a three bay wheelie-bin store.
Allocated parking is to the side of the terrace. 42 Millfield is a mid terraced house constructed in the early 1990's by well known national house builder Persimmon Homes.
Designed to provide two first floor bedrooms with bathroom along with an outer entrance porch and allocated parking space, this well planned house will be an ideal first home or equally, a suitable rental opportunity.
The current owners have recently carried out an extensive programme of refurbishments including redecoration and laying of new carpets/floor coverings.
The front garden space has also been improved and now gravelled setting off the house particularly nicely.
Appliances built in to the kitchen include a single over, four ring hob with extractor along with integrated fridge and freezer. The property is offered for sale with no onward chain.
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
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FAQ
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