4-bedroom detached house · IP23 7BW
Listing removedListed 246 days
Opportunity summary
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About
A 1970s family home extended in circa 2020 with a two-storey side addition, providing well-balanced and flexible accommodation including four to five bedrooms, modern living space and off-road parking, set on a corner plot.
Location Gaye Crescent is conveniently located close to the centre of Eye.
The town is steeped in history and provides an interesting range of local shops and a wide array of social and medical facilities.
Hartismere High School offers secondary education to sixth form level and is highly regarded, achieving an 'Outstanding' Ofsted rating in November 2014.
The town is also well located for access to the A140 just a mile or so away providing a direct route to Norwich and Ipswich, both around 25 miles distant.
Just across the county border into Norfolk is the thriving market town of Diss providing local and national shopping, sporting and leisure facilities, including an 18 hole golf course and driving range.
There is a mainline railway station at Diss providing regular intercity services to Norwich (20 minutes), Ipswich (23 minutes) and London Liverpool Street (around 90 minutes).
The renowned Suffolk Heritage Coast around Southwold is within 40 minutes or so by car.
Property Built in the 1970s and extended in circa 2020 with a two-storey side extension, this family home now provides well-arranged and flexible accommodation over two floors.
The ground floor comprises a welcoming entrance hall giving access to the main living spaces.
The kitchen dining room is finished in a grey colour scheme and includes a range of fitted units together with a central island, providing additional storage and an informal social space.
The generous room also benefits from under floor heating. French doors lead from the kitchen into the rear garden.
The living room is a bright, well-proportioned room with windows overlooking the rear and a door providing direct access to the garden.
A fifth bedroom or study is accessed from the kitchen and benefits from convenient access to a ground floor WC, offering flexibility for home working or guest accommodation.
To the first floor is a large principal bedroom with dual aspect windows and a modern en suite shower room.
There are three further bedrooms, two of which are doubles, together with a modern family bathroom fitted with a freestanding bath, low level WC and hand basin.
Outside The property occupies a corner plot position with off-road parking for multiple vehicles to the front.
The rear garden is mainly laid to lawn with raised borders, a useful garden shed to the rear and a pedestrian gate providing access in and out of the garden.
Services Mains electricity and drainage are connected to the property. Heating is provided via a gas boiler.
How to get there What3words ///scouted.reserving.styled Viewing Strictly by appointment with TW Gaze. Freehold.
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.
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About Gaye Crescent, Eye
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