5-9 Drakes Yard, Queen Street, Haverhill, Suffolk CB9 9DZ
AU

5-9 Drakes Yard, Queen Street, Haverhill, Suffolk CB9 9DZ

By Auction House

£ 460,000

Reviews

2 out of 5 stars

Auction House says ..

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 12 FEBRUARY 2025 AT 11:00AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Property Oracle says ..

This property listing presents a block of apartments located in Haverhill town centre. The location offers a significant advantage, with good proximity to schools and local amenities. However, the property requires some cosmetic updates and renovations to enhance its overall appeal. The kitchens and bathrooms appear functional but dated, and some walls show minor damage, suggesting potential repainting or repairs are necessary. There is a limited amount of land available with the property, primarily a small paved area rather than a garden. The list price of £460,000, while high relative to other listings in the area, needs contextualization with more data. A detailed breakdown of apartment sizes and units in the block is critical to judge the value per square foot. Without this information, the price cannot be conclusively judged as good or poor value but the overall condition and price seem a little high for the area. Potential buyers should carefully assess the costs of renovation and the number of units to fully evaluate the investment proposition. The auction format adds risk and uncertainty, requiring thorough due diligence before bidding.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
2
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
223,188.00 £
Decreased by 13.36 %
from 257,594.00 £
Average area rental value
1,283.00 £/mo
Increased by 2.15 %
from 1,256.00 £/mo
Est rental Yield
6.90 %
Increased by 17.95 %
from 5.85 %
Crime Rate
65.00 %
Unchanged by 0.00 %
from 65.00 %

Agent Activity

  • Auction House created the listing.

Nearby Schools

NameTypeOfstedDistance
Place Farm Primary AcademyAcademy ConverterGood0.59 KM
New Cangle Community Primary SchoolCommunity SchoolGood0.77 KM
Castle Manor AcademyAcademy ConverterGood1.08 KM
Samuel Ward AcademyAcademy ConverterRequires improvement1.29 KM
Cartwheels Children'S CentreChildren's Centre1.39 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cangle Junction £ 000.00 KM
Abbots Road £ 000.00 KM
Hardwick Road £ 230,00000.00 KM
Layer Road £ 000.00 KM
Fern Grove £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
5-9 Drakes Yard, Queen Street, Haverhill, Suffolk CB9 9DZ £ 460,000BUY5 / 100.00 KM
Camps Road, Haverhill £ 154,950BUY4 / 100.04 KM
7a Queen Street, Town Centre £ 130,000BUY5 / 100.04 KM
Mill Road, Haverhill, Suffolk £ 239,995BUY6 / 100.11 KM
1-5, High Street, Haverhill, Suffolk, CB9 £ 230,000BUY4 / 100.15 KM

Nearby Properties

AddressPriceDistance
14 Camps Road £ 187,5000.04 KM
21a Queen Street £ 300,0000.05 KM
22 Queen Street £ 240,0000.07 KM
18 Camps Road £ 190,0000.10 KM
20 Camps Road £ 127,5000.11 KM