2-bedroom flat · IP6 8LU
For saleReduced £10k (−7.1%) on 23 SepListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Needham Market: - Needham Market lies in the heart of Mid Suffolk between the towns of Bury St Edmunds and Ipswich.
Facilities include butchers, bakers, post office, co-op supermarket and a number of individual shops.
Needham Market also has a rail station with mainline connections to Ipswich and Stowmarket where in turn there are main line services to London Liverpool Street.
The town also has the Needham Lake conservation area with a number of countryside walks and the county town of Ipswich is 9 miles and Bury St Edmunds 19 miles.
Three places of worship: St John the Baptist, Christchurch Needham Market and Needham Market Evangelical Church. With communal entrance door leading to...
Communal Entrance Hall: - With stairs to all floors. With front door leading to... Entrance Hall: - 3.5 x 3.3 (11'5" x 10'9") - doors leading to...
Living Room: - 4.5 x 3.55 (14'9" x 11'7") - With bay window to front aspect with window seat with useful storage space below, round feature window to front aspect, exposed ceiling beam, electric storage heater.
Kitchen: - 2.27 x 1.87 (7'5" x 6'1") - With windows to side and rear aspects, fitted with a range of matching wall and base level units with drawers and work surfaces over, inset sink unit and drainer with mixer tap over, including oven, washing machine & fridge/freezer with integral extractor hood over.
Bedroom 1: - 3.3 x 3 (10'9" x 9'10") - With windows to front and side aspects, Velux window, built in wardrobe, electric heater.
Bedroom 2: - 3 x 2.6 (9'10" x 8'6") - With window to front aspect, Velux window, electric heater Bathroom: - With window to side aspect, fitted suite comprising bath with electric shower over, low level W.C, wash hand basin, part tiled walls.
Outside: - The mill has a residents car park with a allocated parking space, visitors parking and a communal terrace leading onto the gardens and grounds which measures approximately one acre, lawn and part wooded.
EPC Rating: D Disclaimer Note: These particulars are provided for guidance only and do not form part of any contract.
While every effort has been made to ensure accuracy, details should be independently verified. Measurements are approximate and fixtures, fittings and appliances have not been tested.
Photographs are for illustration only and may not show all included items.
No guarantees are given regarding planning permission, building regulations, listed building consent, covenants or restrictions affecting the property.
Site plans are indicative only and buyers should rely on Land Registry or transfer plans.
In line with Money Laundering Regulations 2017, estate agents are required to verify the identity of buyers and sellers.
A Property Information Questionnaire completed by the vendor is available on request by email.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Flat 8, Hawks Mill Hawks Mill Street, Ipswich
Explore nearby