5A Market Place, Halesworth, Suffolk IP19 8BA

Description

Grade II listed one bedroom maisonette flat in need of some updating situated on the market place of the Suffolk town of Halesworth Also known as Clou Cottage, this unique Grade II listed one bedroom maisonette flat is situated on the market place of the desirable Suffolk town of Halesworth. Access is via the rear of the property which has a delightful view of the church. The property has been a second home for the current owners for many years and has given them many memories. The property is in good order and well maintained and would now benefit from some updating, and provides a lovely home with attractive period features. The accommodation begins with a spacious kitchen/diner, stairs to first floor with sitting room with exposed high beams and mezzanine area and overlooks the market place, a shower room, and the bedroom is positioned to the rear with views over the churchyard.

Location

5A Market Place, Halesworth, Suffolk IP19 8BA. Located in the IP19 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Commercial / Mixed-Use Investment. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended commercial / mixed-use investment strategy with adequate contingency.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆