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See how verdicts work6-bedroom detached house · IP1 3ST
SoldListed 260 daysAuction 25 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on 25/02/2026 at Live Broadcast Auction Lot Number 4 16 & 16A Park Road Ipswich Suffolk IP13ST Guide Price: £500,000 - £550,000 Upon instructions from Ipswich Borough Council, a rare opportunity to acquire a pair of turn-of-the-century lodge houses in one of Ipswich's most desirable settings.
Located at the gates of Christchurch Park with circa. 30m of Park Road frontage they exhibit notable character and architectural charm.
We have not been able to inspect no.16A although we understand it to mirror the accommodation of 16 as follows: 3 beds, lounge/diner, kitchen and bathroom.
One property is vacant while the other is let on a three-year lease from January 2025.
The properties offer strong potential: retain and let, refurbish and sell, or, when both are vacant, combine and extend into a single residence (STP) in an area where values often exceed seven figures.
Tenure: Freehold EPC: C & D Tenancy: 16 - Vacant 16a - 3 year lease from Jan 25 Current Yield: 16a - £8,750 pa INSTRUCTIONS FROM IBC CHRISTCHURCH GATES 2 X LODGE HOUSES TURN-OF-CENTURY STYLE 3 BEDS EACH (MIRRORED) 30M FRONTAGE (STS) STRONG REDEV.
POTENTIAL Open viewings have been arranged for: Fri 13 Feb - 10:00 - 11:00 Sat 14 Feb - 11:30 - 12:30 Mon 16 Feb - 14:00 - 15:00 (10 Minute viewing slots MUST be pre-booked) Vendors Solicitors Mrs Niraj Wykes Ipswich Borough Council Grafton House 15-17 Russell Road Ipswich IP1 2DE How is this property being sold?
This property is being sold via a traditional live-streamed AUCTION.
To participate, you’ll need to attend the scheduled open viewing, review the Legal Pack available on our website, and ensure your finances are in order, or be ready to proceed without funding.
Properties are sold subject to reserve prices and are chain-free, meaning contracts are immediately exchanged when the hammer falls.
If successful, a 10% deposit is required on the same day, with the remaining 90% due upon completion, typically within 28 days.
Guide prices reflect the vendor's minimum expectations, and bidding can be done online, by phone, or via proxy.
We don’t charge any Buyers Premium or hidden fees; only a fixed administration fee of £1,200 is applied upon a successful purchase.
For any questions about the auction process, please contact our office.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 16 & 16A Park Road, Ipswich, Suffolk, IP1 3ST
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