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 The images reveal rooms requiring considerable renovation, including the kitchen and bathrooms, which are outdated and need complete overhauls.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 %
- Est sale value
- 546,222.00 £Increased by 43.32 %
- Average area rental value
- 1,056.00 £/moDecreased by 19.94 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.23 %Decreased by 30.69 %
- Crime Rate
- 53.00 %Unchanged by 0.00 %
Agent Activity
Hamilton Smith created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bosmere Community Primary School | Academy Converter | 0.66 KM | |
| Robins Children'S Centre | Children's Centre | 0.70 KM | |
| Creeting St Mary Church Of England Voluntary Aided Primary School | Voluntary Aided School | Good | 2.16 KM |
| Freeman Community Primary School | Academy Converter | 5.68 KM | |
| Stowupland High School | Academy Converter | Requires improvement | 5.76 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bridge Street | £ 300,000 | 0 | 0.00 KM |
| The Drift | £ 362,500 | 0 | 0.00 KM |
| Horsepond Place | £ 0 | 0 | 0.00 KM |
| Uvedale Gardens | £ 286,250 | 0 | 0.00 KM |
| Gilbert Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Needham Market | 7354 | NMT | 0.39 KM |
| Stowmarket | 7355 | SMK | 7.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Needham Market, Ipswich | £ 475,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Needham Market, Ipswich, Suffolk, IP6 | £ 475,000 | BUY | 5 / 10 | 0.08 KM |
| High Street, Needham Market, Ipswich, Suffolk, IP6 | £ 425,000 | BUY | 7 / 10 | 0.10 KM |
| Needham Market | £ 475,000 | BUY | 7 / 10 | 0.10 KM |
| Needham Market | £ 475,000 | BUY | 8 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 69 High Street | £ 287,500 | 0.08 KM |
| 71 High Street | £ 620,000 | 0.08 KM |
| 83 High Street | £ 360,000 | 0.08 KM |
| 77 High Street | £ 390,000 | 0.08 KM |
| 67 High Street | £ 170,000 | 0.08 KM |