Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · IP6 8AJ
For saleReduced £25k (−7.7%) on 4 SepListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Character-Rich Maltings Conversion near Needham Market High Street Combining impressive architectural detail with versatile modern living, The Old Maltings is a striking four-bedroom converted home situated just moments from the vibrant heart of Needham Market.
Expansive Living Space: A magnificent open-plan, L-shaped living and dining area featuring fine boarded flooring, high ceilings, exposed timbers, and a red brick open fireplace.
Modern Fitted Kitchen & Cloakroom: Designed for convenient everyday living on the ground floor.
First-Floor Bedrooms & Bathroom: Part-galleried landing leading to three generous bedrooms-including a second bedroom with a feature exposed red brick arch-and a modern family bathroom suite.
Versatile Second Floor: A impressive top-floor suite featuring an en-suite shower room, ideal for use as a grand primary bedroom, dynamic studio, or additional living space.
The property benifits from Sealed unit double glazing and gas central heating throughout. Private paved patio to the front providing a pleasant outdoor seating area.
Access to a communal courtyard with dedicated parking.
Positioned on Crown Street, the property enjoys easy access to Needham Market’s bustling High Street, offering independent shops, cafes, traditional pubs, a local primary school, and the popular Alder Carr Farm.
The nearby Needham Lake Conservation Area provides scenic walks and seasonal community events and dog walks this is a great location with a coffee shop just a short walk around the lake this is a great location and a play area for young children.
Excellent local transport links include a local railway station with direct connections to Ipswich and Stowmarket, offering swift mainline services to London Liverpool Street.
Nearby access to the A14 links effortlessly to Bury St Edmunds and Ipswich. Viewing Arrangements Strictly by appointment.
Contact us today to arrange your private viewing of this unique character property.
*Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About 2 Old Maltings,, Crown Street, Ipswich
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