2-bedroom terraced house · IP33 3RJ
For saleReduced £20k (−6.3%) on 9 OctListed 38 days
Opportunity summary
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About
Occupying a highly desirable position within easy walking distance of the town centre with a good sized rear garden, this charming Victorian terrace offers a wonderful blend of period character with great potential for improvement and/or extension.
The property is approached via a traditional front garden, with an attractive façade that complements the surrounding row of handsome period homes.
Inside, the accommodation extends to over 1,000 sq.ft. Arranged over three levels.
The sitting room enjoys excellent natural light from a striking bay window and features a fireplace as its focal point, creating a warm and inviting space in which to relax.
To the rear, the house opens beautifully into a spacious kitchen/dining/family room.
Measuring over 23ft in length, this open-plan space provides ample room for cooking, dining and entertaining, with direct access to the rear courtyard garden.
A useful downstairs bathroom completes the ground floor accommodation. On the first floor are two generously proportioned double bedrooms, both retaining period charm with feature fireplaces.
The principal bedroom benefits from an adjoining en-suite whilst a well-appointed family bathroom serves the remaining accommodation.
A particular feature of the property is the substantial cellar, providing excellent storage and offering further potential, subject to any necessary consents.
Outside Outside, the enclosed rear courtyard creates a private and low-maintenance outdoor retreat, ideal for al fresco dining and summer entertaining.
Permit parking available for the college carpark. Location The property is perfectly situated in a quiet area only 5-10 minutes walk from the historic town centre.
It is close to well-regarded schools and sports facilities, and uniquely independent shops (as well as well known high street stores, and the beautiful parks, cinemas, theatres and restaurants for which the town is famously known as the 'jewel in the crown of Suffolk'.
The house is close to everything that gives Bury its distinct reputation for bringing together the best of old and new, with its rich history and its broad range of venues for dining, shopping and relaxing.
The town is renowned for it stunning Cathedral and for the leafy and floral Abbey Gardens with its impressive medieval ruins, all just a short stroll down from the colourful boutiques and cafe culture of the town centre.
Directions From the town centre proceed west along Risbygate Street and straight over the roundabout onto Out Risbygate Street, where the house will be found on the left hand side.
3 What Words// oting.coughed.honeybees Services All mains services are connected.
Council Tax: West Suffolk Band: C Broadband speed: Up to 1800 mbps available (Source Ofcom) Mobile phone signal for: EE, Three, Vodafone and O2 (Source Ofcom) Flood Risk: No Risk
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.
Area
Agent & docs
FAQ
About 34, Out Risbygate, Bury St Edmunds
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