2-bedroom house · IP8 3AF
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property occupies a prominent position within this desirable village.
Sproughton offers village schooling, a regular bus service, village stores and offers easy access to the county town of Ipswich which is approximately three miles distance offering a much wider range of shopping and recreational facilities including mainline railway link to London's Liverpool Street.
The A14 trunk road offers access in an easterly direction to the A12, Ipswich and Felixstowe and in a westerly direction to Bury St Edmunds, Cambridge and onto the Midlands.
This established house with modern interior is larger than it first appears with good size, well fitted kitchen and modern style sitting room, there are two good size double bedrooms with the main bedroom having extensive built-in wardrobes.
A surprising feature of the house is the converted basement, suitable for study or work from home area. Internal viewing is essential to appreciate the accommodation on offer.
Sitting room: 13' 3" x 12' 0" (4.04m x 3.66m) Replacement entrance door, chimney breast, wood effect flooring, radiator, tv point, PVC double glazed window to the front aspect.
Kitchen/dining room: 13' 2" x 10' 2" (4.01m x 3.1m) Fitted with an excellent range of base and wall mounted units having solid oak doors and drawer fronts, fitted worktops inset with one and a half bowl sink unit with mixer tap, built-in stainless steel and glass electric oven, four ring black glass hob above, extractor connected over, tiled floor, newly fitted staircase to the first floor, PVC double glazed window overlooking the rear garden.
Rear lobby: Plumbing for washing machine, wall mounted gas fired boiler, PVC double glazed door to the garden.
Bathroom: White suite comprises panel bath with shower connected over, low level wc, wall mounted wash hand basin, tiled floor, tiled splash backs, PVC double glazed window to the side aspect basement/study: 12' 3" x 11' 8" (3.73m x 3.56m) Radiator, power and light connected, chimney breast.
First floor landing: Access to the insulated loft space.
Bedroom 1: 12' 0" x 11' 3" (3.66m x 3.43m) Radiator, stripped and polished pine floor, extensive range of built-in full height wardrobes with sliding oak effect and mirrored doors inset with fitted shelves, hanging rails and drawer units, PVC double glazed window to the front aspect.
Bedroom 2: 10' 3" x 10' 2" (3.12m x 3.1m) Radiator, PVC double glazed window to the rear aspect.
Outside: There is a low maintenance sunny courtyard to the rear offering a good degree of seclusion, fully paved and walled with useful metal shed.
Postcode: IP8 3AF energy rating: D - 67 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
Agent & docs
FAQ
About 3, High Street, Sproughton, Ipswich, Suffolk, IP8
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