2-bedroom house · IP33 2FB
Listing removedListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Lydgate Court development, this well-presented ground floor apartment provides comfortable, secure and easily maintained accommodation, designed exclusively for the over 55’s.
Occupying a particularly desirable setting at the very end of the building, the apartment enjoys easy access to the residents parking area and rear entrance, whilst also overlooking its own attractive section of communal gardens.
Lydgate Court forms part of Abbots Gate and offers an excellent range of communal facilities including a residents lounge, library/meeting room, attractive communal gardens.
The development is ideal for those wanting independence, but with the reassurance of a secure building and an intercom/emergency system connected to a 24 hour monitoring station.
The accommodation, which is served by gas fired central heating and uPVC sealed unit glazing, in brief comprises: A welcoming entrance hall includes a useful built-in storage cupboard and a separate boiler cupboard.
The sitting room is a bright and airy dual-aspect room enjoying a sunny outlook and views over the communal gardens. A comfortable living space, perfect for relaxing or entertaining.
The kitchen is fitted with a range of units and worktop surfaces and includes built-in oven, hob, washer dryer and fridge freezer. Bedroom 1 is a good-sized double bedroom with built-in wardrobes.
Bedroom 2 is a spacious single bedroom and would make an ideal study or hobbies room.
Finally, there is a spacious shower room, making the apartment ideal for those seeking manageable and comfortable accommodation.
Outside Lydgate Court is set within attractive communal gardens, with residents' parking.
This apartment enjoys what is arguably one of the most convenient locations within the development, being situated adjacent to the rear entrance and just a short distance from the residents' parking area.
The Development Lydgate Court is a collection of 38 luxury apartments designed exclusively for the over 55’s.
Whilst not sheltered accommodation in the traditional sense, each apartment benefits from an intercom and emergency assistance system connected to a 24 hour, 365 day monitoring station.
Lease Details The property has a 299 year lease running from 2009. There is an annual Ground Rent of £250 pa and a Service Charge of around £4149.92 pa.
This charge covers building insurance, water use and rates, window cleaning, gardening, upkeep of all communal areas, Residents lounge, lifts to all floors and security/emergency system.
EPC RATING - C COUNCIL TAX -BAND C COUNCIL - West Suffolk SERVICES - All main services connected BROADBAND - Ofcom states Ultrafast broadband is available Mobile - Ofcom states all mobile providers are likely WHAT3WORDS - ///bucket.observer.equipment Entrance Hall - Sitting Room - 3.99m x 3.63m (13'1 x 11'11) - Kitchen - 3.02m x 1.98m (9'11 x 6'6) - Shower Room - 2.16m x 1.65m (7'1 x 5'5) - Bedroom 1 - 3.25m x 3.10m min (10'8 x 10'2 min) - Bedroom 2 - 2.79m x 2.06m (9'2 x 6'9) - Communal Lounge - Communal Gardens - Parking - Outside - A well presented ground floor apartment occupying arguably one of the best positions within this development
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Lydgate Court, Bury St. Edmunds
Explore nearby