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Clements Lane, Haverhill, Suffolk

East of England

£214,000
Listed on 17/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
517 sqft

Description

This two-bedroom bungalow in Haverhill offers a unique opportunity for those interested in a renovation project or seeking an investment property. Located centrally, the home provides convenient access to local amenities including shops, restaurants, and educational facilities. Upon entering the property, you will find an inviting entrance hall that connects to the two bedrooms, lounge, and kitchen. The layout is functional and offers a wetroom, enhancing accessibility for various needs. The rear garden presents a private outdoor space with views overlooking a recreation ground, contributing to the peaceful atmosphere of the setting. While the interior may require some cosmetic updates and modernization, this bungalow holds significant potential for transformation. Whether you are a first-time buyer looking to personalize your new home or an investor aiming to enhance rental appeal, this property invites creative possibilities. Residing in Haverhill means enjoying a vibrant community surrounded by charming countryside. Outdoor enthusiasts will appreciate proximity to East Town Park, which features walking paths, playgrounds, and picnic spots ideal for family outings. Additionally, the location benefits from good mobile coverage and high-speed internet options. In terms of practicality, this freehold property includes essential utilities like gas central heating and mains water and electricity. Overall, this bungalow represents a worthwhile investment for those willing to put in some work to realize its full potential.

Investment Analysis

(CB9 area)

Above Market Value

This property is priced +32.7% above area average per sq ft

+32.7%
This Property
£414/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£177,349
10% above area average per sq ft
Potential ROI
-20.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (CB9)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -5.7%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on CB9 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

Clements Lane, Haverhill, 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
£784
Based on a loan of £160,500 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