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Needham Market, Suffolk IP6 - Image 1
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Needham Market, Suffolk IP6

East of England

£270,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1190 sqft

Description

This two-bedroom detached chalet offers a noteworthy opportunity for renovation and investment. While the property is in need of modernisation, its spacious layout and generous corner plot provide significant potential for enhancement. The extensive off-road parking and garage add convenience, making it ideal for families or individuals looking to invest in an area that has proven appeal. With no onward chain, this property can be a straightforward project for those looking to tailor their living space to modern standards. Located near the heart of Needham Market, residents will enjoy easy access to local amenities, schools, and transport links, making it an attractive option for both homebuyers and investors alike. The possibility of extensions (subject to planning permission) further expands its charm as a long-term investment.

Investment Analysis

(IP6 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£227/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£411,157
10% above area average per sq ft
Potential ROI
+32.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP6)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -7.3%
5 year growth: 9.8%
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 IP6
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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
£989
Based on a loan of £202,500 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