We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · IP1 5AR
Listing removedListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grace Estate Agents are delighted to present this charming mid-terrace house located on Thebe Close in Ipswich.
Built in 2005, this delightful property offers a modern living experience with a well-thought-out layout, perfect for small families or professionals seeking a comfortable home.
The house features two spacious double bedrooms, providing ample space for relaxation and rest.
The open plan lounge and dining room create a warm and inviting atmosphere, ideal for entertaining guests or enjoying quiet evenings at home.
The first-floor bathroom is conveniently complemented by a downstairs cloakroom, ensuring practicality for everyday living.
One of the standout features of this property is the fully enclosed rear garden, offering a private outdoor space for gardening, play, or simply unwinding in the fresh air.
Additionally, the property comes with an allocated parking space, providing ease and convenience for residents.
Situated in a peaceful neighbourhood, this home is well-connected to local amenities and transport links, making it an excellent choice for those looking to enjoy the best of Ipswich living.
Whether you are a first-time buyer or seeking a rental opportunity, this property presents a wonderful chance to secure a lovely home in a desirable location.
Don’t miss out on the opportunity to make this charming house your own. Entrance Hall UPVC Front door leading to hallway and radiator, wood effect laminate flooring.
Kitchen (3 x 1.67 (9'10" x 5'5")) Matching eye level and base and units with worktops over, electric oven with gas hob and extractor fan over.
Space for washing machine, space for fridge/freezer, single bowl stainless steel sink with side drained, double glazed window to front aspect, wood effect laminate flooring.
Cloakroom Low level WC, hand wash pedestal and radiator, wood effect laminate flooring.
Lounge/Diner (4.75 x 3.81 (15'7" x 12'5")) Open plan lounge/dining room, double glazed french doors to rear, understairs cupboard and radiator.
Bedroom One (3.81 x 2.98 (12'5" x 9'9")) Double bedroom to rear access, double glazed windows, radiator. Bedroom Two (3.81 x 2.79 (12'5" x 9'1")) Double glazed window to front aspect, radiator .
Family Bathroom Low level WC, panelled bath with tap mixer and shower on riser rail over, shower screen, hand wash basin, radiator, wood effect laminate flooring.
Rear Garden Patio leading out from the lounge on to the patio, fully enclosed fenced rear garden with lawned area and, stone feature hardstanding for plants and shrubs.
Pathway leading to hard standing area and garden shed. Side gate leading to allocated parking space.
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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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 12, Thebe Close, Ipswich
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