2-bedroom bungalow · IP6 0FA
Sold STCListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** 25% shared ownership ** The Property Front Garden - Block paved driveway, iron fencing to front, access to rear garden.
Hallway - Entrance door, radiator, tiled floor, loft access, storage cupboard.
Open Plan Living area/Kitchen - 5.8m x 4.9m Double-glazed windows to front side and rear, French doors to rear, range of modern white kitchen units, extractor hood, fitted hob and oven, integrated fridge/freezer, space for dishwasher and washing machine, wall-mounted boiler, radiators.
Utility Cupboard - Space for tumble dryer and storage units. Bedroom 1 - 3.8m x 3.6m Dougle glazed window to rear, panelled feature wall, radiator.
Bedroom 2 - 3.6m (max) x 3.8m Double-glazed window to front, radaitor.
Bathroom - 2.1m x 1.9m Panelled bath with shower and shower screen, low-level w/c, hand wash basin, double-glazed window to side, tiled floor.
Rear Garden - split over 2 levels, upper level access to front of property, laid to patio, steps tp lower garden, panelled fencing Lower Garden - Enclosed panelled fencing, shed, laid to lawn.
Rear Aspect - South Tenure - Leasehold, remaining lease 90 years Council Tax Band - C EPC - B Location Forum Close is a quiet residential cul-de-sac situated in the popular market town of Needham Market , offering a great balance of town convenience and countryside surroundings.
The town provides a good range of everyday amenities, including local shops, supermarkets, cafés, pubs, schools and medical facilities, all within easy reach.
Needham Market also benefits from its own mainline railway station with direct services to Ipswich and Cambridge, making it ideal for commuters.
For road users, the nearby A14 provides excellent links to Ipswich, Stowmarket, Bury St Edmunds and Cambridge.
The surrounding Suffolk countryside offers a wealth of walking routes, green spaces and leisure opportunities, perfect for those who enjoy outdoor living.
This is a well-connected yet peaceful location, ideal for families, professionals and downsizers alike.
Shared Ownership Information Rent - £107 per week, a larger % can be purchased up to 100% subject to approval.
Shared Ownership Company - Babergh & Mid Suffolk Council The basic requirements for anyone interested in shared ownership are as follows: Age : Applicants must be at least 18 years old.
Income : Household income should not exceed £80,000 per year (£90,000 in London). Financial Capacity : Applicants must demonstrate the ability to afford the purchase and ongoing costs.
They will need enough for the deposit, legal fees and mortgage arrangement fees if applicable. Buyer Status : Applicants should be first-time buyers or unable to afford a home on the open market.
No Homeownership : Applicants should not own another property at the time of buying through Shared Ownership.
Credit History : Applicants must have a good credit history, including no bad debts or county court judgments.
Applicants normally need to fall into one of the following categories: you’re a first-time buyer you used to own a home but cannot afford to buy one now you’re forming a new household - for example, after a relationship breakdown you’re an existing shared owner, and you want to move you own a home and want to move, but cannot afford a new home that meets your needs.
Shared Ownership Company - Babergh & Mid Suffolk Council Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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
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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 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
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FAQ
About Forum Close, Needham Market, IP6
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