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See how verdicts work2-bedroom terraced house · IP18 6QS
Sold STCReduced £10k (−4%) on 25 OctListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom home offers a wealth of character and is set a short walk from Southwold.
Set within an easy walk from the Randolph Hotel and a convenience store, this is a great spot within the village and only a short walk to Southwold and the beach.
The property is entered via a porch which leads into the sitting room which is a cosy room centred around an inset cast iron fireplace with an Adams style surround and tiled slips.
A door leads to the dining room which benefits from an understairs storage cupboard and has a view down the garden.
Set at the rear is the kitchen which has a door to the garden and is fitted with oak effect, shaker style kitchen with a built-in oven and hob.
Moving to the first floor there are two well-proportioned bedrooms with the rear bedroom offering an over stairs storage cupboard.
Leading off the rear bedroom is the bathroom which is fitted with a matched white suite.
Outside there is a path leading down the side with a gate opening into the rear garden which is fully fence and wall enclosed.
There is a patio area with a path leading to the rear with shingle areas and a selection of mature shrubs and perennials.
Laying to the South-West it is perfect for catching the afternoon and evening sun. The property has been used by the current owners as a bolthole on the coast along with some use as a holiday let.
Offered with vacant possession, the property is ready for its new owners. Council Tax Band: B Local Authority - East Suffolk Council We have been advised that the property has the following services.
Mains water, mains drainage, electricity. Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only.
All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract.
No Winkworth employee has authority to make or give any representation or warranty in relation to this property.
All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings.
The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Covert Road, Reydon, Southwold, Suffolk, IP18
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