High Street, Needham Market, Ipswich
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High Street, Needham Market, Ipswich

By Hamilton Smith

£ 475,000

Reviews

2 out of 5 stars

Hamilton Smith says ..

48-50 High Street is a mid-terrace property comprising a ground floor shop, first and second floor 3-bedroom flat, rear store building, rear 1 bedroom ground floor flat and rear first floor Hall. The front of the property presents a timber frame construction with a rendered finished under a slate...

Property Oracle says ..

This property in Needham Market, Suffolk presents a unique opportunity, combining residential and commercial spaces within a building with character features. Located on the High Street, the property benefits from high visibility and foot traffic, ideal for a retail business. The structure exhibits exposed beams and original features, suggesting historic charm, however, significant modernisation is required to bring the property up to contemporary standards. The images reveal rooms requiring considerable renovation, including the kitchen and bathrooms, which are outdated and need complete overhauls. The flooring and wall coverings are also showing their age. The included land comprises a small, paved courtyard and an additional area which could be used as a garden or storage area, but these areas are rather small. The property’s age and the need for extensive refurbishment should be factored into any purchase decision. The listing price should be considered carefully in relation to the amount of renovation and modernisation needed to achieve a comfortable, updated property. The lack of specifics relating to the split of sq ft between residential and commercial space makes an overall property evaluation challenging and further investigation into these details is recommended.

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
4
Location
7
Land
3
Bedrooms
0
Bathrooms
0
Sqft (est)
1,543.00

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
392,083.00 £
Increased by 15.46 %
from 339,586.00 £
Est sale value
546,222.00 £
Increased by 43.32 %
from 381,121.00 £
Average area rental value
1,056.00 £/mo
Decreased by 19.94 %
from 1,319.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.23 %
Decreased by 30.69 %
from 4.66 %
Crime Rate
53.00 %
Unchanged by 0.00 %
from 53.00 %

Agent Activity

  • Hamilton Smith created the listing.

Nearby Schools

NameTypeOfstedDistance
Bosmere Community Primary SchoolAcademy Converter0.66 KM
Robins Children'S CentreChildren's Centre0.70 KM
Creeting St Mary Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood2.16 KM
Freeman Community Primary SchoolAcademy Converter5.68 KM
Stowupland High SchoolAcademy ConverterRequires improvement5.76 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Bridge Street £ 300,00000.00 KM
The Drift £ 362,50000.00 KM
Horsepond Place £ 000.00 KM
Uvedale Gardens £ 286,25000.00 KM
Gilbert Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Needham Market7354NMT0.39 KM
Stowmarket7355SMK7.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Needham Market, Ipswich £ 475,000BUY5 / 100.00 KM
High Street, Needham Market, Ipswich, Suffolk, IP6 £ 475,000BUY5 / 100.08 KM
High Street, Needham Market, Ipswich, Suffolk, IP6 £ 425,000BUY7 / 100.10 KM
Needham Market £ 475,000BUY7 / 100.10 KM
Needham Market £ 475,000BUY8 / 100.10 KM

Nearby Properties

AddressPriceDistance
69 High Street £ 287,5000.08 KM
71 High Street £ 620,0000.08 KM
83 High Street £ 360,0000.08 KM
77 High Street £ 390,0000.08 KM
67 High Street £ 170,0000.08 KM