1-bedroom flat · IP33 3FH
Listing removedListed 743 days
Opportunity summary
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About
Located in the heart of Bury St Edmunds is this one-bedroom modern apartment with open plan living and a variety of amenities close to hand. The property is offered with a Tenant in Situ.
The accommodation comprises of an entrance hall with built in broom cupboard and a built-in airing cupboard with the water tank.
There is an open plan kitchen/sitting/dining room, a good-sized bedroom and a modern bathroom.
The kitchen benefits from an attractive range of wall and base level units and incorporates a built-in fridge freezer, dishwasher, washing machine, oven, hob and extractor over.
The property also benefits from a Juliet balcony overlooking the Arc shopping centre. There is a tied permit with the property that allows one car to park in the Arc Development car parks.
Additional Information: Tenure: Leasehold Leasehold Term: 25th March 2009 to 17th November 2160 Years Remaining: 136 Service Charge: £639 per 6 months Ground Rent: £200 per annum Services: Mains Electric, Water and Drainage.
Heating via electric wall heaters.
(Please note that none of these services have been tested by the selling agent.) Entrance Hall Kitchen/Sitting/Dining Room (22' 8'' x 16' 9'' (6.90m x 5.11m)) Bedroom (11' 3'' x 9' 9'' (3.42m x 2.98m)) Bathroom (9' 8'' x 6' 7'' (2.95m x 2.01m))
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 15 Ording House, Gosnold Street, Bury St. Edmunds
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