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See how verdicts work2-bedroom bungalow · IP1 5DG
Listing removedListed 454 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price: £240,000 to £250,000 *** This nicely presented and modern two-bedroom end of terrace bungalow is just one of three of these bungalows situated in a secure gated private development towards the west side of Ipswich.
The bungalow comes with double-glazing throughout, gas central heating via a recently installed boiler, allocated parking together with visitors parking, scope to include off-road parking to the front (subject to planning permission), and a large non-overlooked southeast facing rear garden.
As agents, we recommend the earliest possible internal viewing to appreciate the quality of accommodation on offer which comprises entrance hall, two good size double bedrooms, newly fitted shower room, lounge / dining room, and kitchen.
The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station with a journey time of approximately 1hr 15mins.
The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.
Outside - Front Access to the development is via secure iron gates and to the front of the property is one allocated parking space together with visitors parking, and a good size laid to lawn area which could be converted into off-road parking (subject to planning permission).
Double-glazed entrance door into: Entrance Hall Radiator, built-in coat cupboard, loft access, and doors to the bedrooms, shower room and sitting room.
Bedroom One (4.32m x 3.35m) Double glazed window to the front aspect, radiator, and television point.
Bedroom Two (3.25m x 3.05m) Double glazed window to the front aspect, radiator, and built-in double wardrobe.
Shower Room (2.54m x 1.96m) Newly fitted three-piece suite comprising corner shower enclosure, low-level WC and vanity hand wash basin with storage beneath; and a radiator.
Lounge / Dining Room (5.1m x 3.45m) Double-glazed French doors with matching side casements opening out to the rear garden, two radiators, and door through to: Kitchen (2.6m x 2.54m) Fitted with a range of matching eye and base level units with granite effect roll edge work surfaces, sink and drainer, tiled splashbacks, integrated electric oven & grill and electric hob with extractor hood over, space for a fridge freezer and washing machine, wall-mounted gas boiler, radiator, wood effect flooring, and double-glazed window to the rear aspect.
Outside - Rear The good size non-overlooked southeast facing garden is predominantly laid to lawn with decked area, paved patio, and side return with shed and gate providing access to the front garden.
Agent’s Note There is an annual charge of £64 for the electric gate to the development.
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
Agent & docs
FAQ
About 70, Waveney Road, Suffolk
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