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See how verdicts work2-bedroom flat · IP6 8AX
For saleReduced £5k (−4%) on 25 OctListed 524 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 bedroom, ground floor flat available in this well sought after over 55’s development, located in the Suffolk town of Needham Market. Available with No onward chain.
Well-Presented 2-Bedroom Over-55s Property – Needham Market, Suffolk Situated in the heart of the popular market town of Needham Market, this two-bedroom property offers comfortable, low-maintenance living in a well-regarded over-55s development.
Ideal for those seeking a peaceful yet well-connected setting, the home features one spacious reception room, a bathroom, and a practical layout designed for ease and convenience.
Set within a quiet residential community, the property benefits from well-maintained communal gardens, allocated parking, and a strong sense of neighbourly support, all while being just a short walk from local amenities.
The bright and welcoming living/dining room provides a relaxing space to unwind or entertain, while the kitchen offers ample cupboard space and room for appliances.
Two well-proportioned bedrooms provide flexible accommodation, with the second bedroom ideal for guests, hobbies, or use as a study.
The bathroom is conveniently located and features accessible fittings.
The property is neutrally decorated throughout and ready for immediate occupation, though it also presents a fantastic opportunity for light personalisation.
Location: Needham Market is a thriving and friendly Suffolk town with a wide range of local amenities, including independent shops, cafes, a post office, medical centre, and a regular bus and train service to Stowmarket, Ipswich, and beyond.
The property is located within easy reach of these facilities, making day-to-day living exceptionally convenient.
With its attractive setting by the River Gipping and a strong community spirit, Needham Market remains a popular choice for those looking to enjoy retirement or semi-retirement in a safe and welcoming environment.
Stowmarket - 4 miles Ipswich - 9.7 miles Bury St Edmunds - 21 Miles For 1 Jan 2025 to 31 March 2025 Service Charge £355.25 quarterly (£1,421 per annum) Ground Rent £84.75 quarterly (£339 per annum) For 19 Sept to 2024 to 14 Dec 24 Water charges £76.55 quarterly (£306 per annum) Conservation Area - No Flood Risk - Very Low
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 Coddenham Road, Needham Market, Ipswich, Suffolk, IP6
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