2-bedroom flat · IP32 6BF
For saleListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, two-bedroom flat on the top (second) floor of an attractive building in Bury St Edmunds.
The property has a dual-aspect reception room with open-plan kitchen area featuring integrated appliances and breakfast bar.
The bedrooms are generously-sized doubles and there is a naturally-lit bathroom.
A storage/utility cupboard has been provided in the entrance hallway and well insulated walls and floor, double glazed windows and gas central heating all contribute toward a good energy-efficiency rating.
The flat comes with the use of an allocated parking space and is also just a short walk from Bury Railway Station and within easy reach of the shops and other amenities of the town centre.
The nearby primary school and secondary school are Ofsted-rated 'Good' and Abbeygate Sixth Form College, which is only slightly further away, is rated 'Outstanding'.
Tenure: Leasehold (125 years less 30 days from 01/01/2005). Service Charge; £129.70 per month (subject to annual review). Ground Rent: £200.00 for the year. Council Tax: Band B, West Suffolk Council.
Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale. Upon completion, the full leasehold title would transfer to the buyer.
This property is offered for sale in the condition seen. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not.
If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).
Bedroom 2 12' 2" x 8' 10" (3.71m x 2.69m) Reception 18' 10" x 12' 0" (5.74m x 3.66m) Kitchen Included in reception measurement Bedroom 1 13' 6" x 10' 0" (4.11m x 3.05m) Bathroom 7' 11" x 6' 4" (2.41m x 1.93m)
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
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FAQ
About Flat Nine, Stephensons Place, Bury St Edmunds
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