2-bedroom house · IP33 2RN
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and exceptionally well-appointed first floor retirement apartment, occupying a pleasant position with lovely views over the landscaped communal gardens.
Offered for sale with no onward chain and designed specifically for those aged 60 and over, the property provides comfortable, secure and beautifully presented accommodation, ideal for anyone looking to downsize without compromising on quality.
The apartment includes a spacious hallway with airing cupboard and further storage, a generous sitting room with space for dining and patio doors opening onto a balcony, two good-sized bedrooms and a stylish refitted shower room.
The kitchen has been refitted to a high specification and includes a range of integrated NEFF appliances, including oven, hob, microwave, fridge/freezer, washing machine and dishwasher.
Further benefits include sealed unit glazing, Economy 7 electric heating and luxury wood-effect vinyl tiled flooring.
EPC Rating: C Entrance Hall 1.65m x 4.01m Sitting Room 3.58m x 4.75m Kitchen 2.64m x 3.12m Bedroom 1 3.66m x 4.01m Bedroom 2 2.44m x 2.92m Shower Room 1.91m x 2.39m General Information/Lease Each room within the apartment has an emergency pull cord system to alert the on-site manager if required.
During times when the Manager is not on-site, the alarm is sent through to a central monitoring system which is available 24 hours a day, 365 days a year.
As previously mentioned, the property is set in communal gardens, which include a number of mature trees and extensive lawns. There is ample parking for both residents and their guests.
In addition, the development includes a communal lounge and conservatory for the use of all residents.
Garden The property is set in communal gardens, which include a number of mature trees and extensive lawns.
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 Rougham Road, Southgate House Rougham Road, IP33
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