2-bedroom bungalow · IP18 6RY
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the sought-after Oaklands development in Reydon, this well-presented bungalow is exclusively available to the over 60’s, offering comfortable, low-maintenance living in a lovely and friendly community setting.
The accommodation is thoughtfully arranged for ease and has been recently renovated by the current owners, the hallway provides access to all principal rooms and includes useful airing cupboard..
The spacious lounge, measuring over 14ft in length, enjoys a bright and airy feel with ample space for both relaxing and dining.
To the front of the property is the second bedroom, beyond this is the principal bedroom which overlooks the rear and benefits from built in wardrobe space.
The kitchen is conveniently positioned and well-proportioned, offering a practical layout.
A new shower room has been fitted with a walk-in shower, wash basin, and WC, designed for ease of use and accessibility.
Externally, the property is complemented by a detached garage, providing additional storage or secure parking.
The Oaklands development is known for its well-maintained surroundings and community atmosphere, ideally located within easy reach of Reydon’s local amenities, with the coastal town of Southwold just a short distance away.
This is an excellent opportunity to acquire a manageable and conveniently arranged home in a desirable retirement setting.
Reydon is a popular village adjacent to the coastal town of Southwold and provides a number of shops, a public house and medical centre with Southwold offering an abundance of local shops, restaurants and coastal attractions.
Tenure - Leasehold - a 99 year lease was granted 10th August 1995. The current ground rent is £182.18 and service charge is £1,597.29 per annum. Services - Mains services are connected.
(Durrants has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order.) Epc- - E Local Authority - East Suffolk Council.
Band D Viewing - Strictly by appointment with the agent's Southwold Office.
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 Lowestoft Road, Reydon, Southwold
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