2-bedroom flat · IP12 2TG
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious ground floor flat with two double bedrooms, plenty of built in storage, large Kitchen/Breakfast Room and Living Room, stylish modern bathroom, allocated parking and a larger than typical wrap around garden providing excellent outside space.
Rendlesham is situated approximately six miles from the riverside town of Woodbridge and offers a good level of amenities including a convenience store, NHS Dental Practice and regular bus service in to Woodbridge.
There is a modern primary school, (rated Good by Ofsted), and nearby Rendlesham Forest offers beautiful natural surroundings and pleasant walks.
To the north, along the coast, Aldeburgh is approximately 15 minutes by car. Property additional info Hall: Side entrance door, two built-in cupboards, doors to...
Kitchen: 15' 8" x 12' 0" (4.78m x 3.66m) Window to side and front, wall and base units with 1.5 sink and drainer, space for cooker, fridge/freezer, washing machine and dishwasher, electric heater and opening to...
Living Room: 19' 11" x 11' 8" (6.07m x 3.56m) Also accessed from the hall, a spacious room with electric heater and double doors out into the garden.
Bedroom One: 12' 1" (plus wardrobes) x 9' 1" (3.68m x 2.77m) A double bedroom with window to front and built-in double wardrobe.
Bedroom Two: 12' 1" x 9' 1" (3.68m x 2.77m) Another double bedroom with window to front and built-in double wardrobe.
Shower Room: Stylish modern suite with panelled bath and shower over, fitted cupboards with integral wash basin and WC, tiled flooring, part tiled walls and extractor fan.
Outside: There is a larger than normal garden for these flats! Immediately from the living room there is a patio and then a grassed area with flower and shrub beds and hedging.
There is a further garden at the side where you will find two sheds (one for the upstairs flat which they have access to) and then beyond that a further area of garden again mainly laid to grass and enclosed by fencing.
There is an allocated parking space in the communal parking area close to the flat. Lease details:: 955 years remaining on the lease, Ground rent of £170pa. Service charge details awaited.
Roof type: Concrete roof tiles. Mobile signal/coverage: Good. Flooded in the last 5 years: No. Does the property have flood defences? No. Construction materials used: Brick and block.
Water source: Mains. Electricity source: Mains. Sewerage arrangements: Mains. Broadband internet type: FTTC (fibre to the cabinet).
Does the property have required access (easements, servitudes, or wayleaves)? Yes. Do any public rights of way affect your your property or its grounds? No. Parking Availability: Yes.
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 Sparrows croft Road, Rendlesham, IP12 2TG
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