3-bedroom house · IP6 9HF
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented semi-detached home situated in the village of Otley.
The property has been recently updated and benefits from solar panels to offset electricity bills along with a garden home office.
This three bedroom home was originally built in 2020 by Laurence Homes and is nestled in the sought-after village of Otley with an array of eco-credentials.
The front door opens into the spacious entrance hall where there are doors to all rooms and stairs to the first floor.
To the right is the ground floor cloakroom which has been updated to create a utility space and now features a fitted worktop and space for a tumble dryer, along with the w/c and fitted sink.
Adjacent to the utility space is the kitchen which enjoys a window to the front aspect and has been fitted with a number of eye-level and base units with worktops over.
There are a number of integrated Bosch appliances including a dishwasher, washing machine, oven, hob with extractor fan over and space for a fridge-freezer.
Spanning the whole width of the property to the rear, is the sitting room, which has double doors to the rear garden and patio.
The first floor accommodation comprises three bedrooms, all of a good size, with the main bedroom overlooking the rear garden. There is an en-suite shower room with shower, w/c and basin.
The remaining two bedrooms have windows to the front aspect and the family bathroom has a bath with shower over, basin and w/c.
Outside: To the front of the property is a lawned front garden with a path leading to the front door. A block paved driveway leads to the garage and provides off-road parking.
There is an EV charging point and a personnel door at the rear of the garage providing access to the garden.
The garden is securely fenced and has an extensive patio to the immediate rear of the property with the remainder of the garden being laid to lawn and shingle.
A path leads to the home office which measures approximately 11'9" x 6'9" with electricity connected and internet - ideal for those working from home.
Location Otley is a sought after village with amenities within the village itself, being just a short distance from Ipswich and Woodbridge.
The market town of Woodbridge has a vast array of shopping facilities, coffee houses, bars and restaurants and there is great access to the A12/A14.
Important Information Services: We understand that mains water, electricity and drainage are connected to the property.
Heating is via an air-source heat pump Solar panels have been installed by the current owner and help to offset electricity bills and we understand they send excess electricity back to the grid, providing annual income payments.
Tenure: Freehold Council Tax: Band C EPC: Rating B Our reference: Jed
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 7, Millers Way, Ipswich
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