3-bedroom semi-detached house · IP23 7AJ
Sold STCListed 350 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Found towards the outskirts of the town centre the property is located upon Magdalen Street within short stroll of amenities and facilities.
The historic and thriving market town of Eye is situated on the north Suffolk borders within the beautiful countryside surrounding the Waveney Valley.
The town still retains a strong and active local community whilst having an excellent range of many day to day amenities and facilities.
Found 8 miles to the south of Diss with the latter offering an extensive and diverse range of amenities and facilities along with a mainline railway station with regular/direct services to London Liverpool Street and Norwich.
This impeccably presented house has been significantly enhanced and upgraded by the current owners and is in show-home condition.
The accommodation is well laid out, featuring well-proportioned rooms flooded with natural light, totalling over 800 sq ft.
Upon entry, the welcoming hall gives an excellent first impression, providing access to the reception room and kitchen.
It also features a deep under-stairs storage cupboard and stairs leading to the first floor. The two reception rooms are both generously sized.
The larger of the two enjoys views and access to the large, southerly-facing rear gardens, with a fireplace and an inset cast-iron stove as a particular focal point.
An archway leads to the second reception room, currently used as a formal dining room, which is dual-aspect to the front and has fitted shutters on both windows.
The modern kitchen is in excellent condition, offering a great range of fitted storage units and a wood-effect worktop with ample space for white goods.
Beyond the kitchen is a utility area with a worktop and space for a washing machine and tumble dryer, also providing access to the bathroom and rear gardens.
Completing the ground floor is a smart bathroom with a corner bath, WC, and basin in white, along with a heated towel rail.
On the first floor, both of the larger bedrooms are generously sized featuring fireplaces and built-in storage cupboards.
The third bedroom is smaller but boasts elevated southerly views over the gardens and a leafy green outlook over the park. A modern shower room is also located on this floor.
The benefit of Solar Panels fitted (on the roof) provide free electricity during the day through an inverter, and anything unused is now sold back to the grid.
Externally, the property benefits from off-road parking to the front on a tarmac driveway. A side gate provides access to the rear gardens which are generously sized and laid to lawn.
A paved patio adjoins the rear of the house creating an excellent space for alfresco dining, with the gardens enjoying a desirable southerly aspect.
To the rear boundaries, a picket fence leads to a further area of garden with a timber shed. In total, the plot size is approximately 0.07 of an acre.
HALLWAY : LIVING ROOM : - 3.56m x 4.22m (11'8" x 13'10") DINING ROOM : - 2.87m x 3.40m (9'5" x 11'2") KITCHEN : - 2.62m x 3.48m (8'7" x 11'5") UTILITY ROOM : - 0.84m x 2.29m (2'9" x 7'6") BATHROOM : - 1.63m x 2.39m (5'4" x 7'10") FIRST FLOOR LEVEL - LANDING : BEDROOM : - 3.58m x 3.66m (11'9" x 12'0") BEDROOM : - 2.90m x 4.14m (9'6" x 13'7") BEDROOM : - 2.64m x 2.31m (8'8" x 7'7") SHOWER ROOM : - 1.68m x 1.19m (5'6" x 3'11") AGENTS NOTE : Material Information regarding the property can be found in our Key Facts for Buyers interactive brochure located in the Virtual Tour no.
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SERVICES : Drainage - mains Heating - gas EPC Rating D Council Tax Band B Tenure - freehold Anti-Money Laundering Fee Statement To comply with HMRC's regulations on Anti-Money Laundering (AML), Whittley Parish are legally required to conduct AML checks on every purchaser(s) once a sale is agreed.
We use a government-approved electronic identity verification service from Landmark to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
The cost of anti-money laundering (AML) checks is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted.
This fee to Whittley Parish is mandatory to comply with HMRC regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
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 Magdalen Street, Eye
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