1-bedroom flat · IP33 1XY
Sold STCReduced £7.5k (−4.2%) on 21 JunListed 175 days
Opportunity summary
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About
Summary This charming assisted living apartment for those 70+ offers modern comforts with no onward chain for quick transition.
Part of a well-maintained complex, it features communal lounges, dining, creative spaces, gardens, parking, and 24/7 staffing. Conveniently near the town centre and Abbey Gardens.
Description Cross Penny Court This charming upper floor assisted living apartment offers modern comforts and conveniences, specifically designed for individuals aged 70 and over.
With no onward chain, it presents an ideal opportunity for those eager to transition quickly into a new home.
Situated within a well-maintained complex, the apartment provides a variety of communal facilities aimed at enhancing comfort and convenience.
Residents can enjoy a spacious communal lounge area, perfect for socialising with fellow residents or relaxing with a good book.
A shared dining area allows for communal meal experiences, while on-site laundry facilities offer the ease of managing laundry without leaving the premises.
For visiting friends and family, accommodations are available to ensure guests feel welcome.
Residents can also take advantage of a dedicated creative space to engage in arts, crafts, or other hobbies.
The beautifully landscaped gardens offer a serene outdoor retreat, and parking is provided for both residents and visitors.
The property is staffed 24/7 to assist with resident needs, ensuring a secure environment and peace of mind.
Additionally, a 24/7 emergency helpline is available, providing an extra layer of security and comfort.
The apartment itself boasts a lounge / diner area and a modern, integrated kitchen equipped with essential appliances for easy meal preparation.
The double bedroom includes built-in storage and ample space for additional furniture.
The bathroom is designed for accessibility, featuring a wet room style shower as well as a separate bath for ultimate comfort.
Conveniently located within walking distance of the town centre, the apartment offers easy access to a variety of shopping, dining, and entertainment options.
It is also near the tranquil Abbey Gardens, an ideal spot for leisurely strolls and enjoying nature.
This property represents a unique opportunity to experience comfortable assisted living within a vibrant and supportive community. Bury St Edmunds Bury St.
Edmunds, located in the county of Suffolk, England, is a historic market town renowned for its rich heritage and picturesque surroundings.
The town is steeped in history, dating back to the medieval period, and is named after Saint Edmund, the king of East Anglia. Bury St.
Edmunds is known for its stunning architecture, including the impressive St. Edmunds Cathedral and the striking Abbey Gardens, which stand as a testament to the town's historical significance.
The town centre is a charming mix of ancient and modern, with a vibrant market, boutique shops, cafes, and restaurants catering to locals and visitors alike.
In addition to its historical and architectural attractions, Bury St.
Edmunds offers a range of cultural activities, including theaters, art galleries, and museums, providing residents and tourists with a diverse array of entertainment options.
The town also hosts various events and festivals throughout the year, adding to its vibrant atmosphere. With its beautiful parks, green spaces, and proximity to the Suffolk countryside, Bury St.
Edmunds appeals to nature lovers and outdoor enthusiasts.
The town's location provides easy access to the surrounding natural beauty, making it an ideal base for exploring the picturesque landscapes of Suffolk. Overall, Bury St.
Edmunds is a charming town that seamlessly blends history, culture, and natural beauty, making it a delightful place to visit or call home.
Its unique charm and vibrant atmosphere continue to attract visitors from near and far, showcasing the best of what Suffolk has to offer.
Entrance Hall Plastered ceiling with fitted light, external double glazed door to front, internal doors to lounge, storage cupboard, bedroom and bathroom.
Lounge / Diner Plastered ceiling with fitted light, door to kitchen, double glazed window to side, fireplace and surround, sockets, TV point and carpeted flooring.
Kitchen Plastered ceiling with fitted light, double glazed window to side, wall and base units with work surfaces and soft close units, integrated fridge freezer and oven, hob with extractor over, sink & drainer, sockets and tiled flooring.
Bedroom One Plastered ceiling with fitted light, double glazed window to side, fitted double mirrored wardrobe with sliding door, sockets, TV point and carpeted flooring.
Bathroom Plastered ceiling with fitted light, wet room style shower, separate bath unit, fitted WC, hand wash basin, heated towel rail and slip proof flooring, External Gated complex with scenic communal garden and parking available.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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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FAQ
About 49, Cross Penny Court, Cotton Lane, Bury St. Edmunds
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