2-bedroom flat · IP33 2SD
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this two-bedroom top-floor flat is ideally located close to the vibrant town centre of Bury St Edmunds, offering a fantastic blend of comfort and accessibility.
Positioned within easy reach of local amenities and transport links—including the train station—the property is exceptionally well-connected.
The flat offers a good-sized sitting room that flows seamlessly into the kitchen, complete with a handy breakfast bar. Both bedrooms are well-proportioned and complemented by a practical shower room.
Additional benefits include an allocated parking space.
With so much on offer for first-time buyers, commuters, or investors alike, an early viewing is highly recommended to fully appreciate all this property has to provide Entrance Hall - Loft access.
Storage cupboard housing the water tank. Phone intercom. Electric storage heater. Sitting Room - Well-proportioned room with window to front. Opening to the kitchen. Electric storage heater.
Kitchen - With a range of wall and base cupboard and drawer units with worktops over. Inset sink and drainer. Built in electric cooker with hob and extractor fan over.
Space for a washing machine and full fridge freezer. Built in breakfast bar. Windows to front. Electric storage heaters. Bedroom 1 - Double room. Window to rear. Electric storage heater.
Bedroom 2 - Window to rear. Electric storage heater Shower Room - WC and wash basin vanity unit. Walk in shower with rainfall shower head and separate shower attachment.
Wall mounted electric fan heater. Parking - Allocated parking for one vehicle. Agent's Note - Current ground rent is £70.60 per 6 months and total service charges are currently £202.08 pcm.
Reviewed annually Disclaimer - Allhomes, along with their representatives, aren't authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don't take responsibility for any statements made in these particulars, which don't constitute part of any offer or contract.
To comply with AML regulations, £30 is charged to the buyer which covers the cost of the digital ID check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn't be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven't been tested by allhomes, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Tannery Drive, Bury St. Edmunds
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