3-bedroom detached house · IP11 0RU
Listing removedListed 123 daysAuction 30 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming three-bedroom detached period cottage presents an excellent opportunity for investors, developers and owner-occupiers alike to acquire a character home occupying a generous plot of approximately 0.157 acres in the sought-after village of Trimley St Martin.
Requiring modernisation, the property offers significant scope to enhance, remodel and create a superb family home, subject to any necessary consents.
Retaining much of its original character, the accommodation includes two well-proportioned reception rooms and three bedrooms, providing flexible living space with potential for reconfiguration to suit modern lifestyles.
The generous plot is a particular feature, offering exciting potential for extension and re-modelling (STPP), allowing purchasers to maximise both the property's appeal and future value.
Owl Cottage enjoys a convenient village location on the outskirts of Felixstowe, with local amenities, schools and transport links close at hand.
The nearby Port of Felixstowe supports strong housing demand, while the Suffolk coastline and wider town amenities are all easily accessible.
Offering clear value-add potential in an established residential setting, this is a rare opportunity to acquire a detached period property with scope for improvement and long-term growth.
Auction To be sold by online auction (unconditional) on Tuesday 30th June 2026 with a 6 WEEK COMPLETION, bidding will open at 10.00.
To view Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk Registration All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure Freehold with vacant possession.
EPC rating E Local authority East Suffolk Legal pack For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors.
If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Guide prices Guide Prices are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a lot will sell for and may change at any time prior to the auction.
Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional fees A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price.
Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion.
Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Deposit If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller.
Both parties are legally bound to complete the transaction as per the special conditions in the legal pack.
Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit.
We will contact you after the auction has finished to make these arrangements.
Pre-auction offers These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers.
Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
Mortgage finance We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding.
If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction.
Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
Please note All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot.
Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of His Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no: .
Value & comps
No previous sales on record.
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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 advisors 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 Grimston Lane, Trimley St. Martin, Felixstowe
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