3-bedroom terraced house · IP28 6HR
For saleListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
REFURBISHMENT OPPORTUNITY WITH SCOPE TO EXTEND AND NESTLED IN A LARGE BUILDING PLOT WITH POTENTIAL FOR FURTHER DEVELOPMENT (SUBJECT TO PLANNING CONSENT), IDEALLY SITUATED CLOSE TO HISTORIC CATHEDRAL TOWN OF BURY ST.
EDMUNDS This three-bedroom end-of-terrace Victorian home has come to the market for the first time in seventy years.
Ripe for refurbishment, it presents the ultimate blank canvas for buyers to put their own signature on, or for developers to potentially redevelop the plot further.
The entrance hall opens up to a large light-filled sitting room with a traditional multi-fuel stove as the focal point.
The kitchen space has a walk-in larder and an updated oil-fired boiler system while a ground floor bathroom suite is fitted with a panelled bath.
Upstairs the three bedrooms are fitted with extensive storage cupboards and all windows and doors of the home are uPVC.
Fully enclosed mature landscaped gardens and grounds are a distinguishing feature with scope for an extension to the rear incorporating the workshops and its position in a large and idyllic 0.40 acre plot with separate access to garaging that could form the footprint of a further dwelling (subject to the necessary planning consents being obtained).
LOCATION: The property lies on the edge of a semi-rural and much favoured village of Lackford – only six miles north-west of the fine Suffolk cathedral town of Bury St. Edmunds.
The University City of Cambridge is easily reached via the A14 east-west major road link, which is accessed via neighbouring Risby village to facilitate commuting ease, and with the M11 providing a fast route to London.
An eclectic range of high street and independent shops, and some of the country’s finest restaurants – including the only Michelin star in Suffolk – and leisure facilities can be found within a short drive as are the majestic rambling Lackford Lakes and Cavenham Heath.
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 Lackford, Bury St. Edmunds
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