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See how verdicts work1-bedroom flat · IP33 3AD
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely garden-level retirement apartment, forming part of the highly regarded Lacy Court development on Risbygate Street, just a short walk from Bury St Edmunds town centre.
Designed exclusively for the over 60s, the property offers comfortable, secure and low-maintenance living, ideal for anyone wanting independence with complete peace of mind.
The generous sitting/dining room opens directly onto the communal gardens, creating a particularly pleasant outlook and easy access outside, while the fitted kitchen, spacious bedroom with built-in wardrobes and updated shower room provide practical, well-presented accommodation.
Recent improvements include Fischer thermostatically controlled electric heating and a newer hot water boiler.
Residents enjoy an on-site manager, 24-hour care line, communal lounge, laundry, guest suite, maintained gardens and parking.
EPC Rating: C Hall 2.06m x 2.49m Living Room 2.62m x 5.28m Kitchen 1.73m x 2.69m Bedroom 2.59m x 4.65m Bathroom 1.7m x 1.7m
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Risbygate Street, Bury St. Edmunds, IP33
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