2-bedroom flat · IP32 6EY
For saleListed 24 days
Opportunity summary
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About
LOCATION Maltings Way sits just outside the town centre of Bury St Edmunds (15 minute walk), making this property ideal for those looking to enjoy town living or needing to commute further afield.
Bury St Edmunds offers a wide range of educational, recreational, and cultural facilities, including the Arc Shopping Centre, Theatre Royal, and Abbey Gardens.
The town also boasts a train station (7 minute walk) with mainline links to London Liverpool Street (2 hours) Cambridge (38 minutes) and Ipswich (29 minutes) , and the A14 trunk road is within easy access.
INVESTOR INFORMATION - Asking price: £175,000 - Current rent: £1,200pcm / £14,400 p/a - Gross yield: 8.2% - Service Charge (PA) - £1,162.12 - Ground rent (PA) - £1 - EPC B (valid until 2034) - Valid EICR - Valid Landlord gas safety certificate - Protected deposit - Life safety inspection passed - Right to rent checks completed * All paperwork available upon request ENTRANCE HALLWAY The property is accessed via a communal stairwell and opens into an entrance hallway, which provides access to all accommodation.
The hallway also benefits from two storage cupboards and an electronic intercom system.
LIVING ROOM 14' 8" x 10' 7" (4.47m x 3.23m) Open to the kitchen, the light and airy living room has a uPVC window to side aspect and two radiators.
KITCHEN 9' 11" x 9' 6" (3.02m x 2.9m) The well-appointed kitchen is fitted with a range of wall-mounted and base units set beneath square-edge granite-effect worktops.
Features include an inset stainless steel one-and-a-half bowl sink with drainer and mixer tap, an integrated electric oven, and a gas hob with extractor hood above.
There is space and plumbing for either a dishwasher or washing machine, together with additional space for a freestanding fridge freezer. A uPVC window to the side aspect provides natural light.
BEDROOM 1 12' 11" x 11' 11" (3.94m x 3.63m) The double bedroom benefits from fitted wardrobes, a uPVC window to the side aspect, and a radiator. Access to ensuite.
ENSUITE Featuring a three-piece white suite comprising a tiled shower cubicle with mains-fed shower, low-level WC, and pedestal wash hand basin.
Additional features include a heated towel rail and extractor fan.
BEDROOM 2 10' 2" x 8' 8" (3.1m x 2.64m) The second double bedroom benefits from a built-in wardrobe, a uPVC window to the side aspect, and a radiator.
BATHROOM 6' 11" x 6' 8" (2.11m x 2.03m) The bathroom is fitted with a three-piece white suite comprising a panelled bath with mains-fed shower over, a low-level WC, and a pedestal wash hand basin.
Additional features include an obscure uPVC window to the side aspect and a heated towel rail.
EXTERNALLY Externally, the property benefits from an allocated parking space and access to communal gardens. SERVICES The property features mains water, drainage, electricity and gas.
Gas fired central heating. TENURE The property is LEASEHOLD and will be sold with a tenant in situ. Lease details: A lease of 999 years was granted on 01/01/2006 with 979 years remaining.
Service Charge (PA) - £1,162.12 Ground rent (PA) - £1 TENANCY DETAILS - The current tenancy was granted in August 2026.
- The tenant pays a monthly rent of £1200pcm, which is reflective of current market prices. - The tenancy was set up in line with all new regulations.
- Tenant is a single occupant, working professional.
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.
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About Maltings Way, Bury St. Edmunds
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