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See how verdicts work3-bedroom flat · IP33 1YD
Sold STCListed 107 days
Opportunity summary
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About
STATELY THREE-BEDROOM APARTMENT LIVING WITH STUNNING CATHEDRAL VIEWS, GLORIOUS RESIDENTS' GARDEN, PLENTIFUL PARKING AND CLOSE TO THE HISTORIC TOWN CENTRE Situated in a tranquil area and positioned in an elevated leafy setting, this first floor apartment, serviced by a newly installed elevator, is serenely located at the rear of an imposing building with stunning garden views towards the Cathedral tower in the distance afforded by the grand triple aspect living/dining space: the former school refectory.
A graceful three-bedroom apartment that forms part of the conversion of King Edward VI Grammar School, commissioned by the 3rd Marquess of Bristol among other patrons and governors of the time.
This architectural gem is exemplar of the late 19th century Arts & Crafts Movement with its steeply pitched roofs, tall chimney, oriel windows and alternate rows of decorative rectangular and rounded hung tile motifs along the upper storey and gabled ends.
Following a comprehensive refurbishment by the current owner; of particular note is the sleek bespoke kitchen, shower room, separate additional cloakroom, lime washed Karndean oak floors of the bedrooms, newly installed carpets and heating system and water softener.
Plentiful storage, including fitted wardrobes in two of the bedrooms and a office/studio work cabinetry in another as well as a vestibule.
Approached along a leafy driveway with access to a large residents’ and visitors’ gravelled parking area.
Exceptional well-kempt communal landscaped grounds extending to 0.8 acres to entertain and relax in. Elevator access from dual entranceways.
Pedestrian walkway to neighbouring tennis court, bowling club facilities, River Lark trail and Abbey Gardens parkland. LOCATION: No.5 St.
James Court is conveniently located on the northernmost fringe of the ancient abbey ruins, accessed via Eastgate Street within the historic Cathedral town of Bury St.
Edmunds and is situated in a highly desirable, tranquil and secluded residential enclave. Excellent A14 access is provided via Northgate Street.
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 short stroll. Excellent A14 access is provided via Northgate Street.
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 St James Court, Bury St Edmunds
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