2-bedroom house · IP11 9FZ
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright and modern two-bedroom mid-terrace house now available in Suffolk, through Shared Ownership. The property features a spacious reception room, separate kitchen, and a toilet on the ground floor.
On the first floor there are two bedrooms and one bathroom. The property offers residents a spacious rear garden and onsite parking.
So Resi are marketing this property for sale on behalf of the landlord, ReSI Housing Limited. All enquiries will be initially assessed by So Resi to confirm eligibility.
Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.
Information on the criteria and requirements for shared ownership can be found here: Shared Ownership Eligibility & Affordability Criteria To process and progress your application, your personal data may be shared with ReSI Housing Limited, Pinnacle Group (the managing agent), and the current shared owner, in accordance with our Privacy Policy.
If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly. Available for £104,000 for 40% share based on the marketing figure of £260,000.
Monthly rent - £475.1 Monthly Service Charge - £48.58 Total Monthly Charge - £523.68 plus mortgage required for 40% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.
Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April Location The property is situated in a popular residential area of Felixstowe, offering a convenient blend of coastal living and everyday practicality.
A range of local amenities, including supermarkets, convenience stores, cafés, healthcare facilities, schools and leisure amenities, are within approximately 5–10 minutes by car, while Felixstowe town centre and seafront provide a wider selection of shops, restaurants and recreational attractions.
Residents can also enjoy easy access to nearby parks, open spaces and the Suffolk coastline, making the location ideal for families and those seeking an active outdoor lifestyle.
The property benefits from good transport connections, with Felixstowe railway station reachable in around 5–10 minutes by car and offering regular services linking to Ipswich and the wider rail network.
Central London can typically be reached in approximately 2 hours via connections through Ipswich to London Liverpool Street.
The area also enjoys convenient road access to Ipswich, the A14 and regional destinations across Suffolk and Essex, making commuting and travel straightforward.
EPC rating Energy rating band - B Environmental rating band - B Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.
Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.
All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
.png)
FAQ
About Rues Farm Road, Felixstowe
Explore nearby