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See how verdicts work1-bedroom flat · IP33 3GL
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ex show home ground floor luxury apartment in over 60s development** We are pleased to offer for sale the only available ground floor apartment in this nearly new over 60s development in the centre of Bury St Edmunds.
Entrance hallway, spacious sitting room with own patio area, kitchen with integrated appliances, spacious bedroom with walk in wardrobe, and shower room with walk in shower.
The development offers 24 hour emergency careline service, lounge and coffee area, communal gardens and parking.
Ideally located close to shops, restaurants and all that Bury St Edmunds town centre has to offer. No Chain!
**ex show home ground floor luxury apartment in over 60s development** We are pleased to offer for sale the only available ground floor apartment in this nearly new over 60s development in the centre of Bury St Edmunds.
Entrance hallway, spacious sitting room with own patio area, kitchen with integrated appliances, spacious bedroom with walk in wardrobe, and shower room with walk in shower.
The development offers 24 hour emergency careline service, lounge and coffee area, communal gardens and parking.
Ideally located close to shops, restaurants and all that Bury St Edmunds town centre has to offer. No Chain!
Entrance door into entrance hallway with large storage cupboard housing the hot water tank and doors to living area, bedroom and shower room.
Video entry phone and access to the 24 hour emergency careline. The sitting room is spacious with electric fireplace and door to outside patio area.
Open to the kitchen which is fitted with a range of wall and base units, integrated fridge freezer, oven, electric hob and extractor over.
Freestanding washing machine included in the sale and plumbing for dishwasher. The spacious bedroom has a window to the side aspect and walk in wardrobe.
The shower room is fiited with matching suite of wc, wash hand basin with vanity unit and large walk in shower.
The communal area offers a coffee lounge and kitchen facilities which are used for numerous organised events and there is also a suite reserved for residents guests if they wish to stay overnight.
Service charge is £238 per month = £2856 per annum and includes communal cleaning, window cleaning, water bill, maintenance of the communal gardens and parking area and buildings insurance.
The lease is 999 years.
Sitting room area 14' 7" x 11' 0" (4.44m x 3.35m) dining area 12' 7" x 5' 10" (3.84m x 1.78m) kitchen 8' 2" x 8' 0" (2.49m x 2.44m) bedroom 8' 8" x 21' 8" (2.64m x 6.6m) walk in wardrobe 5' 3" x 4' 9" (1.6m x 1.45m) shower room 7' 8" x 5' 9" (2.34m x 1.75m) Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.
These Particulars do not constitute a contract or part of a contract. All measurements quoted are approximate.
The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.
Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.
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 advisers 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
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FAQ
About Risbygate Street, Bury St. Edmunds
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