4-bedroom terraced house · IP33 3ST
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIS ELEGANT CLASSICALLY INSPIRED END OF TERRACE TOWNHOUSE WITH WALLED GARDEN, ALLOCATED PARKING AND GARAGE IS TUCKED AWAY AT THE END OF A CUL-DE-SAC AND IDEALLY SITUATED ON THE FRINGE OF THE HISTORIC MEDIEVAL GRID IN BURY ST EDMUNDS.
Forming part of an exclusive development adjacent to the water meadows, this elegant townhouse is immaculately presented and occupies an enviable situation on the edge of the town centre.
Finished to an exceptionally high standard throughout, the design and construction reflect a traditional building style, reminiscent of Georgian architecture.
Behind its impressive symmetrical façade is light, spacious and contemporary accommodation, arranged over three storeys, combined with modern efficiencies.
A high level of attention was paid to the specification of the house, which is evident in details such as its high ceilings, decorative mouldings and double glazed sash windows.
The current owner in recent years has updated interiors to include a new sleek primary ensuite shower room and contemporary kitchen / breakfast room refurbishment.
The substantial accommodation flows seamlessly from the reception hall through the lounge/dining room and French doors to the outside space.
Of particular note is its discreet positioning close to Westgate Street, a recently landscaped low maintenance walled garden with separate gated access for bicycle/bin storage and direct access to a much coveted garage.
There is the additional asset of an allocated parking space. LOCATION 45 Corsbie Close is conveniently located within the historic Cathedral town of Bury St.
Edmunds and is situated in a desirable residential enclave on the edge of the town centre. The bars, restaurants and independent boutique shops of Abbeygate Street and the Market Square are nearby.
They include Michelin star Pea Porridge, also featured in the Guide are Maison Bleue, Bellota and Lark.
The country’s oldest surviving Regency playhouse, Theatre Royal, and the quaint Abbeygate Cinema, are both only a three minute stroll. Excellent A14 access is via Cullum Road.
Value & comps
No previous sales on record.
Returns
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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.
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About Corsbie Close, Bury St. Edmunds
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