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 flat · IP11 7JF
Sold STCListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRANCE HALL Stairs to the first floor. HALL There is a walk in storage cupboard in the hall.
LIVING ROOM (S&W) 18' 3" x 11' 9" (5.56m x 3.58m) A well proportioned light room with double aspect windows. There is a radiator and a night storage heater in this room.
KITCHEN (W) 11' x 7' 3" (3.35m x 2.21m) Fitted with a range of wall and base units and a stainless steel sink unit with single drainer. Appliances include a Siemens hob and oven.
There is plumbing for both a washing machine and tumble dryer. The Viessman balanced flue gas fired boiler is in the kitchen and there is a radiator as well.
BEDROOM (E) 12' x 11' 6" (3.66m x 3.51m) This double bedroom faces East so benefits from the morning sun. There are fitted wardrobes along one wall and a built in shelved cupboard.
There is also a radiator in this room. BEDROOM (E) 10' 6" x 8' 9" (3.2m x 2.67m) Another Easterly facing bedroom benefitting from the morning sun. There is a radiator in this bedroom.
SHOWER ROOM (E) 8' 3" x 6' 3" (2.51m x 1.91m) Fitted with a three piece suite comprising shower, vanity unit with inset wash basin and low level WC. There is radiator in the shower room.
GARAGE EN BLOCK 17' x 8' 4" (5.18m x 2.54m) With up and over front door. THE LEASE The remainder of a 999 year lease from 1979. This apartment also owns a share of the freehold.
SERVICE CHARGE £1,300.00 per annum. £650.00 payable every six months. GROUND RENT Not applicable - this apartment owns a share of the freehold.
ENERGY PERFORMANCE CERTIFICATE The current EPC rating is xxx with a potential of xxx which is valid until December 2035
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.
Area
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FAQ
About Trevose, Cobbold Road, Felixstowe
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