2-bedroom terraced house · IP33 1RH
For saleReduced £25k (−10%) on 16 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming period town house with great potential to improve occupying a highly convenient position in the heart of the historic town centre, within easy walking distance of the Abbey Gardens, Arc Shopping Centre and an excellent range of independent shops, restaurants and amenities.
This attractive two-bedroom property offers characterful accommodation arranged over three floors and would be ideal for first-time buyers, downsizers, investors or those seeking a convenient town centre base.
The ground floor comprises a welcoming sitting room with a separate dining room beyond, creating well-defined yet sociable living spaces.
To the rear of the house is a fitted kitchen with access to a private courtyard area. A useful cellar provides excellent storage and offers potential for a variety of uses.
On the first floor are two bedrooms, together with a bathroom fitted with a white suite. Outside Outside, the property benefits from a low-maintenance courtyard.
Properties in this central location are always in strong demand and an early viewing is highly recommended. There is street parking available.
Location The property is perfectly situated in a prime location in the historic town centre.
It is close to well-regarded schools and sports facilities, and uniquely independent shops (as well as well known high street stores, and includes a Waitrose supermarket and Marks and Spencer food hall just a short walk away as well as the beautiful parks, cinemas, theatres and restaurants for which the town is famously known as the 'jewel in the crown of Suffolk'.
The property is close to everything that gives Bury its distinct reputation for bringing together the best of old and new, with its rich history and its broad range of venues for dining, shopping and relaxing.
These include an impressive fresh produce market every Wednesday and Saturday.
The town is renowned for its beautiful Cathedral and for the leafy and floral Abbey Gardens with its impressive medieval ruins, all just a short stroll down from the colourful boutiques and cafe culture of the town centre.
It is easy to see why people want to settle in Bury and make it their home.
This property is close to the excellent rail and road networks which make London and Cambridge easily commutable, along with giving access to the fine range of town, country and coastal destinations of East Anglia.
Additionally. For international destinations, Stansted Airport is only about an hour's door-to-door journey from the house.
Directions From Angel Hill, proceed south along Crown Street and turn right opposite the Norman Tower into Churchgate Street, where number 62 will be found at the top on the left.
Services Services Mains water, electricity, gas and drainage.
Council Tax - West Suffolk -Band B EPC Rating: C Broadband speed: Up to 1000 mbps available (Source Ofcom) Mobile phone signal for: EE, Three, Vodafone and O2 (Source Ofcom) Flood Risk: No Risk The property is in a conservation area.
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
Agent & docs
FAQ
About 62, Churchgate Street, Bury St. Edmunds
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