1-bedroom flat · IP33 2RN
Listing removedListed 462 days
Opportunity summary
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About
If you’re looking for an affordable, well-kept apartment, 15 Southgate House is hard to beat.
Set in attractive gardens on the edge of Bury St Edmunds, this exclusive development especially for those aged 60 and over, offers a comfortable, easy-to-maintain first-floor apartment making it ideal for anyone seeking a property to “lock up and leave” while travelling.
Chain-free and in good decorative order, the apartment enjoys access to lovely communal gardens and a convenient location with excellent transport links to Ipswich and Cambridge, as well as all the shops and amenities of the historic market town.
If you are looking for a very comfortable retirement apartment with lovely garden views and good-sized rooms, this CHAIN FREE property is bound to be of great interest.
The accommodation is served by electric heating and in brief comprises reception hall, shower room, generous sitting room with patio doors onto the balcony, providing lovely views over the communal gardens, fitted kitchen and a decent sized double bedroom with fitted wardrobe furniture.
Each room within the apartment has an emergency pull cord system to alert the on-site manager if required.
During times when the Manager is not on-site, the alarm is sent through to a central monitoring system which is available 24 hours a day, 365 days a year.
Outside The apartment enjoys views over the superbly landscaped communal gardens which include ample parking. There is also a residents lounge and conservatory.
Agents Note - The property is leasehold and it is a condition of purchase that residents be over the age of 60 years and are approved by the Sanctuary Housing Association.
Tenure - For sale LEASEHOLD with vacant possession upon completion. Lease: Commenced 99 years from 1986. Service charge: £3361.80 per annum. Ground rent: £60 per annum.
COUNCIL TAX - BAND C COUNCIL - West Suffolk SERVICES - Mains water, electricity and drainage BROADBAND - Ofcom states Ultrafast broadband is available Mobile - Ofcom states all mobile phone providers are likely WHAT3WORDS - ///spits.letter.officials Directions.
The main entrance for Southgate House is off Vale Road, which is the road off Rougham Road leading up to Dobbies Garden Centre.
Hall - Sitting Room - 4.75m x 3.73m (15'7 x 12'3) - Kitchen - 3.12m x 2.64m (10'3 x 8'8) - Bedroom - 4.75m x 2.97m (15'7 x 9'9) - Shower Room - 7'6 x 6'1 - Gardens - A well presented first floor apartment, offering independent living, chain free
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
Agent & docs

FAQ
About 15, Southgate House, Rougham Road, Bury St. Edmunds
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