We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · IP11 7PG
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRACE With stairs to the first floor and door to apartment ENRANCE HALL An "L" shaped hall with airing cupboard and radiator.
LIVING ROOM (E) 17' 6" x 14' 6" (5.33m x 4.42m) There are two radiators in this room, and archway to the kitchen and sliding doors to the sun lounge.
SUN ROOM (S) 14' 2" x 4' (4.32m x 1.22m) A very sunny South facing room with great sea views.
KITCHEN (E) 14' x 8' (4.27m x 2.44m) Fitted with a range of wall and base units with a one and a half bowl stainless steel sink unit with single drainer.
The appliances include a Beko oven, New World ceramic hob and extractor above. There is also plumbing for a washing machine. BEDROOM (N) 15' 10" x 11' (4.83m x 3.35m) A double bedroom with a radiator.
BEDROOM 12' 10" x 9' 6" (3.91m x 2.9m) Another bedroom with a radiator. SHOWER ROOM (N) Fitted with a three suite comprising shower, low level WC and wash basin. Heated towel rail/radiator.
CLOAKROOM Fitted with a two piece suite comprising low level WC and wash basin. OUTSIDE Communal gardens around the development. A driveway leads in to the garages.
GARAGE With power and light connected. Up and over door. TENURE Leasehold with share of freehold. SERVICE CHARGE Currently £1,500 per annum.
ENERGY PERFORMANCE CERTIFICATE The current EPC rating is xx with a potential of xx which is valid until March 26th 2036.
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
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FAQ
About Cardinals Court, Felixstowe
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