2-bedroom flat · IP33 1HE
Sold STCListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully refurbished two-bedroom, two-bathroom apartment in the heart of Bury St Edmunds, offering spacious contemporary living in a prime town centre location.
Welcome to Alliban House, a newly redeveloped residence at 2 Looms Lane, where modern design meets historic charm.
This spacious two-bedroom, two-bathroom flat has been meticulously refurbished to an exceptional standard, offering a stylish and comfortable lifestyle in the heart of Bury St Edmunds.
Living Space - Step into a bright and airy open-plan living area featuring LVT flooring and large windows overlooking the front aspect.
The layout is perfect for both relaxing and entertaining, with ample space for dining and relaxing.
Kitchen - The shaker-style kitchen is a standout feature, complete with quartz worktops and integrated appliances.
Bedrooms & Bathrooms - Both bedrooms are generously sized with fitted wardrobes, with the principal suite boasting an en-suite shower room.
The second bathroom is equally well-appointed, featuring heated towel rails, tiled flooring and walls, and sleek modern fittings.
Security & Connectivity Enjoy peace of mind with a secure video entry system and private residence lobby. The property is also WIFI enabled, with fibre optic cabling throughout.
Parking & Location - Situated in a private development, the apartments include off road allocated parking with EV chargers.
Located just moments from the town centre, you'll have easy access to shops, restaurants, and cultural attractions, all within walking distance.
Key Features: Two spacious double bedrooms with built in wardrobes Two modern bathrooms (including en-suite) High-spec kitchen with integrated appliances Gas central heating and premium finishes Secure entry and private entrance lobby Prime town centre location Allocated parking space with EV charger 125 lease and £1000 service charge pa.
This is a rare opportunity to own a beautifully finished apartment in one of Bury St Edmunds' most desirable addresses.
Ideal for professionals, downsizers, or investors seeking a turnkey property with timeless appeal.
Sellers note - Alliban House in Bury St Edmunds was named in honour of Richard Alliban, a highly respected local accountant whose career spanned nearly six decades.
Known for his unwavering dedication, warmth, and professionalism, Richard served generations of clients with integrity and care.
He joined Knights Lowe in 2014 following its acquisition of Stacey and Partners, where he had already built a distinguished reputation.
Even into his 80s, Richard remained committed to his work, continuing to support clients until his passing in July 2024.
Naming the building Alliban House is a heartfelt tribute to his legacy, reflecting the deep admiration held by colleagues and the community for a man who was, in their words, "loved by all who worked with him and respected by his clients." Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.
These Particulars do not constitute a contract or part of a contract. All measurements quoted are approximate.
The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.
Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, Looms Lane, Bury St. Edmunds
Explore nearby