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Needham Market, Suffolk

East of England

£260,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached chalet presents a promising opportunity for investors and renovators seeking a project with substantial potential. Although the property requires modernisation, its generous layout offers ample space for reconfiguration and enhancement. The corner plot allows for possible extensions, subject to necessary planning permissions, making this an appealing canvas for those looking to create their dream home. Notably, the property features extensive off-road parking and a single garage, adding convenience to its charm. Located within walking distance of Needham Market's historic High Street, residents will enjoy easy access to a variety of local amenities including shops, cafes, and public transport links. The nearby countryside offers scenic walks and recreational activities, enhancing the lifestyle appeal of this location.

Investment Analysis

(IP6 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (IP6)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -3.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on IP6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Needham Market, Suffolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE