2-bedroom flat · IP29 5LU
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground-floor apartment with two bedrooms and parking - no chain.
4 The Grange is formed within part of the original Nowton Court Manor stable block, being part of the conversion of the previous Japanese Finishing School. No.
4 is situated on the ground-floor and approached to the left in the central courtyard, and immediately in front of you when entering the shared hallway.
Communal entrance hall and private front door to RECEPTION HALL, with built-in book shelves and shelved airing cupboard housing gas central heating boiler, further storage cupboard with shelving and coat hooks.
LIVING ROOM – a fabulous double-aspect room with views across towards open parkland, door out to the communal garden, and a small paved terrace, with built-in book shelves and incorporating an electric fireplace, with ample space for sitting and dining areas.
Archway through to KITCHEN – with extensively fitted wall and base modern units, fitted worksurface inset with stainless-steel sink and drainer unit, space for cooker with stainless-steel and glass extractor hood over, built-in washing machine, fridge and freezer.
BEDROOM ONE – with a range of built-in wardrobe cupboards. BEDROOM TWO – with built-in cupboard.
BATHROOM – generously proportioned with panelled bath with tiled splashback, separate shower unit over, hand rail, wash hand basin, low-level WC, heated towel rail.
Outside The whole apartment is beautifully situated with views over mature trees and landscaped woodland as well as parkland situated opposite The Grange.
GENERAL INFORMATION • Mains water, electricity, gas and drainage are connected • Gas and water is charged quarterly on usage • Council Tax Band C – West Suffolk • Ofcom states ultrafast broadband is available • Ofcom state mobile phone signal is available • What3words – branched.using.regret • Service charge £771.74 per quarter • Ground rent £25 per quarter • EPC rating C • Residents and visitors parking • Good decorative order throughout • Strategically placed hand rails throughout the property • For the over 55s • No onward chain • No pets unless by the approval of the Management Company AGENT’S NOTE: when selling in the future, 10% of the eventual sale price is payable to the freeholder.
Location The Grange is on the southern side of Bury St Edmunds, approximately 2-miles from the centre of Bury St Edmunds which is a unique and dazzling historic gem with a richly fascinating heritage - the striking combination of medieval architecture, elegant Georgian squares and glorious Cathedral and Abbey Gardens provide a distinctive visual charm.
With prestigious shopping, an award-winning market, plus a variety of cultural attractions and fine places to stay, Bury St Edmunds is under two hours from London and very convenient for Cambridge, Ipswich and Norwich.
ANTI-MONEY LAUNDERING (AML) AND ID CHECKS -Under current legislation, estate agents are required to verify buyers’ identities and establish the source of funding for all transactions.
Upon acceptance of your offer and before we instruct solicitors to proceed with your purchase, we will carry out the necessary checks for which you will be charged £30 per person.
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
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FAQ
About Nowton Court, Bury St Edmunds
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