2-bedroom flat · IP14 3GQ
For saleListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, 2 bedroom, self-contained ground floor purpose built flat, featuring countryside views and designed for the over 55's.
All within a very sheltered complex offering a range of communal facilities and within walking distance of village shops.
12 Mere View Mere View has shown itself to be a very popular purchase for those requiring very sheltered accommodation within the village context.
This ground floor flat is well presented and enjoys it's own door accessing a secluded outside patio area.
Upon first entering the flat, you are met with a spacious entrance hall with cloakroom to the left, and cupboard to the right.
Further in is the principal double bedroom, with its own ensuite wet room comprising of shower, wash handbasin and wc. There is also a slightly smaller second bedroom.
Following through to the open plan kitchen/living room, the kitchen benefits from a range of wall, base and drawer units, including stainless steel sink unit, with a range of appliances, including fridge/freezer, washing/drying machine, as well as integral oven, hob and extractor hood.
The living room benefits from a good amount of natural light.
Location Mere View is within walking distance of the village of Haughley, which enjoys a range of facilities including local Co-op, Post Office, Bakery, Public House/Restaurant, Takeaway, and the Church.
The village has convenient access to the A14.
Mere View Facilities The flats were purpose built in 2006, and enjoy communal entrance hall, residents' lounge, training room, café open for both residents and non-residents, laundry room, buggy store, conservatory, communal gardens, and a lift.
Very Sheltered Accommodation Residents of this complex must be a minimum of 55 years of age and must require a minimum of 2 hours assistance per week which can include such items as cleaning or shopping and is charged as an additional cost to the service charge.
We are advised that there is assistance on site 24/7. Additional care can be purchased from Housing21 who operate Mere View. Services Mains electricity, water and drainage are connected.
Heating is via a communal underfloor system, with individual room thermostats. Residents pay their own Council Tax, and electricity. Heating and hot water costs are included in the service charge.
Charges and Costs There is no Ground Rent payable as the purchase is for 75%. We understand that the Service Charge was approx. £570.26 per month between August to October 2025.
This is inclusive of heating and hot water. Tenure The purchase is 75% of a leasehold (125 Years from 2006). Local Authority Mid Suffolk District Council - Council Tax Band B.
Broadband Speed Superfast Predicted of 77Mbps (source Ofcom). Mobile Coverage EE and Three - Good outdoor service. O2 and Vodafone - Good outdoor service, variable in-home service.
(Source: Ofcom) Flood Risk Very Low (Source: Gov.uk) Directions (IP14 3GQ) From Stowmarket proceed in a westerly direction towards Bury St Edmunds.
At the A14 interchange on the outskirts of the town take a signposted turning to Haughley.
On entering the village turn right by the Co-op stores into Station Road before turning left after 50 yards into Grange Way, continue along here, where you will take the turning off to the right into Turner Lane, then turn left into Thompson Close, where Mere View will be found towards the end.
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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 12, Mere View, Haughley, Stowmarket, Suffolk, IP14
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