2-bedroom house · IP33 1JR
Listing removedListed 113 days
Opportunity summary
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About
A beautifully presented, recently restored, Victorian cottage standing in a favoured location, a short walking distance from the town centre.
Sitting room, kitchen, bathroom, utility /rear hall and a cellar. Two first floor bedrooms. Rear courtyard garden.
THE PROPERTY A traditional Victorian gault brick fronted cottage with brick and flint rear elevation under a slate tiled roof with a weather boarded rear extension.
The property has recently undergone a full programme of sympathetic restoration and modernisation and now presents as a stylish and comfortable home, located just a ‘stone’s throw’ from the town centre.
The solid panelled front door leads into the sitting room, which features an original sash window to the front, a feature fireplace with mantle surround and stone slab hearth, original shelved cupboards to either side, exposed original floorboards and a three-plank door opening into the kitchen.
The stylish new kitchen is fitted with a range of base and eye level units, quartz worksurfaces and upstand, underset sink unit, inset Bosch 4-ring induction hob with underset electric oven and filter extractor fan above, integrated half dishwasher, high former fireplace mantel shelf, double-glazed casement windows to the rear and doors leading to the cellar, the stairs to the first floor and into the utility area/rear hall.
The utility area has a double-glazed window and ½ glazed door to the side with space and plumbing for appliances and an upright fridge/freezer.
The fitted bathroom has a panelled bath with shower over with glazed screen, pedestal wash basin, low level WC, heated towel rail and frosted window to the rear.
The cellar features a concrete floor, exposed brick and flint walls, a ceiling height of around 6’, power, light and the former coal vent to the front.
The newly carpeted stairs lead to the first floor, where there are two newly carpeted double bedrooms, an over stairs cupboard housing a Baxi gas fired combi boiler and view to the front over the square.
OUTSIDE The property enjoys an easy maintenance wall and fence enclosed rear courtyard garden with outside light and a tap.
LOCATION The property is located in a favoured area, just north of the town centre on Cannon Street and overlooking the square, the Cannon Street Brewery pub and two doors from the renowned Pea Porridge restaurant, which is the first and only restaurant in Suffolk to hold a Michelin Star.
The setting is a designated conservation area, which features a pleasing mix of period homes and there is permit parking in the square to the front, which includes two ‘Co Wheels Car Club’ plug in spaces, for those looking for an alternative to car ownership.
The town has extensive shopping and leisure facilities including health clubs, swimming pools and golf clubs and cultural attractions include the Theatre Royal, which is the country’s last remaining Regency playhouse and the historic Abbeygate cinema.
There is good access to the A14, A11(M11) and the railway station at Bury St Edmunds offers links to mainline services to London’s Liverpool Street and Kings Cross.
Alternatively, the town of Stowmarket (14 miles) offers a mainline service to London Liverpool Street taking approximately 80 minutes.
DIRECTIONS On Foot: From the Butter Market proceed past Moyse’s Hall on the left and bear round into Brentgovel Street, taking the first left into Well Street.
Continue down Well Street and at the junction bear right onto Cannon Street. Proceed along Cannon Street to the square where No.31 will be found on the left.
PROPERTY INFORMATION Services Main water, electricity, gas and drainage.
Local Authority West Suffolk Council Council Tax Band A Tenure Freehold Broadband Ofcom states speeds available of up to 5500Mbps Mobile Signal/Coverage Yes - varies depending on network provider.
Please visit to check availability Viewing Only by appointment with Jackson-Stops Tel:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Cannon Street, Bury St. Edmunds, Suffolk, IP33
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