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See how verdicts work2-bedroom bungalow · IP6 8UB
Sold STCReduced £15k (−7.5%) on 25 OctListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi detached 2 bedroom bungalow, with off street parking and enclosed garden to rear, located within this quiet residential development near to the wide range of excellent services offered by Needham Market.
27 Anderson Close Within the entrance hall there is an airing cupboard which houses the hot water tank, with a further doorway leading into the sitting room/dining room, which benefits from a gas fire in fireplace and overlooks the front, with further doorways leading off to the inner hall and also to the kitchen, which comprises wall, base and drawer units, including 1½ bowl sink unit with mixer taps and splashback tiling, with plumbing for washing machine and space for fridge.
Leading off from the inner hall, the two bedrooms and family bathroom can be found, with the family bathroom comprising double width shower cubicle, vanity wash handbasin and low flush wc, plus heated towel rails, tiling to both walls and floor.
Outside To the front of the property there is a lawned garden area, with driveway to the side, which provides parking for two vehicles, beyond which there is a gated entrance into the rear garden, which is enclosed by mainly fence surround.
Overall, the property is considered to be in a fair order throughout and is situated in a very highly regarded village, which offers an excellent range of services and amenities.
Therefore, we would recommend an early inspection to avoid disappointment.
Location The house is located on the north western edge of the small market town of Needham Market, with frontage onto the Stowmarket/Needham Market road.
The High Street of Needham Market is approximately ½ mile distant, and offers a range of small local shops and pubs and a small rail station.
Additional facilities are available within Stowmarket which is 3 miles to the north west, and includes a more extensive range of shops together with schools, sports and leisure centre, cinema and a main line rail station with a regular commuter service to London Liverpool Street.
There is easy access to the A14 trunk route which is approximately 3 miles from the property. Services Mains water, electricity and drainage. Gas fired central heating.
Local Authority Mid Suffolk District Council - Council Tax Band B. Tenure Freehold. Broadband Speed Superfast Predicted 74Mbps (source Ofcom).
Mobile Coverage Between 62% and 77% (source Ofcom).
Directions From Stowmarket proceed south eastward on the B1113, passing by Munton & Fison and Roots & Shoots, continue on for a further ¾ mile where you will take the turning off to the right onto Hurstlea Road, then take the second turning off to the right Anderson Close after which you will take the first turning to the left into a cul de sac where the property will be found on the left.
what3words likely.benched.skid Disclaimer We are mandated by HMRC to carry out Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Coadjute and they charge a fee for the service. If you have had an offer accepted Coadjute will contact you on our behalf.
The cost of these checks is £33 (including VAT) per person and is non-refundable. The fee will need to be paid prior to issuing a memorandum of sale.
Lacy Scott & Knight do not receive any commission for this service.
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 27, Anderson Close, Needham Market, Ipswich, Suffolk, IP6
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