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See how verdicts work1-bedroom flat · IP14 3GQ
For saleListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor flat, with lift, single bedroom, in a purpose built very sheltered (over 55's) complex, offering a good range of communal facilities, in a popular village.
22 Mere View This flat enjoys west facing windows, at first floor level, but serviced by a lift and staircase with stair lift.
The flat is ready for immediate occupation, in this popular purpose built very sheltered complex. This flat has west facing windows.
The living room has a bay window with Juliet balcony, whilst the kitchen enjoys built-in hob, oven, washing machine and fridge freezer. Outside Communal gardens.
Location Mere View offers an excellent range of communal facilities.
It is at the northern end of Haughley, which is a very popular village, with easy access onto the A14 trunk route at Junction 49 about 1 mile away.
The village facilities include a Co-op, Post Office, Church, Vets, Bakery, Restaurant /Takeaway, Public House and Public Transport.
Services Mains water, electricity and drainage are connected, residents pay their own Council Tax and electricity, with heating from a communal underfloor system controlled by individual thermostats in each room.
Local Authority Mid Suffolk District Council - Council Tax Band A. Tenure It is noted that the purchase is a 50% share of the long leasehold. 125 years from 2006.
Mere View These flats were purpose built, and have a communal entrance hall, residents lounge, training room, café for residents and non-residents, laundry room, buggy store, conservatory, communal gardens, and a lift to the first floor.
Very Sheltered 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.
We are advised that there is assistance on site 24/7. Care can be purchased from Housing & Care 21, who operate Mere View.
Charges There is a service charge payable for communal facilities, and also a rent element for the non-owned share. Service Charge £571 per calendar month approx.
Utility Charge £121 per calendar month approx. Minimum 2 hour per week Care Charge.
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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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 22, Mere View, Haughley, Stowmarket, Suffolk, IP14
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