The Old Mortuary , Lion Lane, Needham Market, Ipswich IP6 8NT
By Auction House
£ 60,000
Reviews
2 out of 5 stars
Auction House says ..
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 26 MARCH AT 11AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Property Oracle says ..
The property is a former mortuary located in Needham Market, Suffolk. The building is small, approximately 430 sqft, and requires significant renovation. The location is convenient to Needham Market train station (0.61km), and there are several primary schools within a reasonable distance. However, the property itself is in poor condition, with dirty floors and damaged ceilings visible in the provided photos. The list price of £60,000 is significantly lower than the average house price in the area (£339,650), but this is likely due to the property’s condition and the need for substantial work. The small plot size (430 sqft) also impacts the value. There is no garden. While the location is reasonably convenient, the condition of the property and the lack of land significantly detract from its overall value. The price may be attractive to investors or developers who are willing to undertake a complete renovation.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 6
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 430.00
- Lot (est)
- 430.00
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
- 152,220.00 £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
- 21.00 %Unchanged by 0.00 %
Agent Activity
Auction House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bosmere Community Primary School | Academy Converter | 1.45 KM | |
| Robins Children'S Centre | Children's Centre | 1.57 KM | |
| Creeting St Mary Church Of England Voluntary Aided Primary School | Voluntary Aided School | Good | 2.25 KM |
| Somersham Primary School | Community School | Good | 6.10 KM |
| Freeman Community Primary School | Academy Converter | 6.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chalk Lane | £ 0 | 0 | 0.00 KM |
| Uvedale Gardens | £ 286,250 | 0 | 0.00 KM |
| Badger Close | £ 315,908 | 0 | 0.00 KM |
| Jackdaw Close | £ 402,500 | 0 | 0.00 KM |
| The Drift | £ 362,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Needham Market | 7354 | NMT | 0.61 KM |
| Stowmarket | 7355 | SMK | 7.99 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Old Mortuary , Lion Lane, Needham Market, Ipswich IP6 8NT | £ 60,000 | BUY | 4 / 10 | 0.00 KM |
| Pinecroft Way, Needham Market, Ipswich | £ 250,000 | BUY | 6 / 10 | 0.10 KM |
| Pinecroft Way, Needham Market, Ipswich | £ 250,000 | BUY | 7 / 10 | 0.11 KM |
| Ammonite Drive, Needham Market, Ipswich | £ 260,000 | BUY | 7 / 10 | 0.32 KM |
| Ammonite Drive, Needham Market, Ipswich, Suffolk, IP6 | £ 320,000 | BUY | 7 / 10 | 0.33 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 28 Pinecroft Way | £ 295,000 | 0.23 KM |
| 57 Pinecroft Way | £ 126,500 | 0.23 KM |
| 49 Pinecroft Way | £ 315,250 | 0.23 KM |
| 34 Pinecroft Way | £ 250,000 | 0.23 KM |
| 47 Pinecroft Way | £ 251,000 | 0.23 KM |