2-bedroom flat · IP33 2FB
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FULL DESCRIPTION CHAIN FREE, Two bedroom/Two bathroom, GROUND FLOOR apartment in nice condition with easy access to West Suffolk Hospital & Town Centre.
Collection of 38 luxury apartments tailored exclusively for the over 55s. This two-bedroom apartment boasts an exceptional condition throughout.
Featuring a spacious living area, a kitchen with built-in appliances, and well-appointed bedrooms complete with built-in storage and en suite bathroom to master bedroom.
Lydgate Court is within close proximity to West Suffolk Hospital and the vibrant town centre, ensuring convenience at your doorstep.
With its beautifully maintained communal grounds and the inviting residents' lounge, you will find opportunities to connect with like-minded individuals, creating a sense of community and belonging.
Entering this delightful apartment, you are greeted by a welcoming entrance hall that leads you to the master bedroom, complete with an ensuite and built-in storage.
The second bedroom is of a good size and is ideal as a guest bedroom or as a study.
The bathroom designed with practicality in mind is adapted to a wet room with WC, wash hand basin, and a heated towel rail.
The living and dining area is designed for relaxation and socialising, seamlessly flowing into the modern kitchen fitted built-in appliances.
including a fridge/freezer, washing machine, double oven and hob. The development showcases well maintained grounds including an enclosed garden area.
Residents can enjoy the availability of access to the residents lounge where events are held, a private library and crafts room.
Additionally there are bedrooms on site available to book for friends or family to stay.
Tenure: Leasehold Lease details: 299 year lease from 2009 - Ground rent = £250 pa - maintenance charge = £4148 pa (charges cover building insurance, water use and rates, window cleaning, gardening, upkeep of communal areas, resident lounge, lifts to all floors and security/emergency system) Council Tax Band: C - West Suffolk
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 advisors 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 Lydgate Court, Bury St Edmunds
Explore nearby
