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See how verdicts work2-bedroom house · IP23 7AS
Listing removedListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A character Grade II Listed town cottage with much interest including 2 double bedrooms, first floor bathroom, 2 reception rooms plus cellar.
A delightful partly walled rear garden faces the sun and includes an additional area of garden beyond.
4 Lowgate Street is a fascinating period cottage formed from a larger timber framed building possibly of Hall House origins as many of the town cottages were.
The interior is superior to many in that from the front entrance door a hallway extends through to the rear.
Furthermore, upstairs two double bedrooms combine with a first floor bathroom all from a sizeable landing.
Downstairs, two reception rooms combine with useable cellar space plus a character kitchen with range of handbuilt bespoke units.
Gas fired radiator heating is installed and windows include a number being secondary glazed.
Of particular note is the extent of character details including timbers, floorboards and period doors along with a good headroom throughout.
Furthermore, in addition to the main initial garden space, part of which is walled, a further section of garden belongs to the property and together makes for quite a sizeable plot given the nature of the property.
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
About 4, Lowgate Street, Eye
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