2-bedroom flat · IP32 6BD
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a gated development this second floor flat is offered for sale on a 60% share basis and provides a great opportunity for first time buyers looking to enter the market at an affordable price.
Having an open plan living area with kitchen, two bedrooms and bathroom, the property also enjoys communal parking and grounds.
Located in the historic market town of Bury St Edmunds, residents can enjoy easy access to local amenities and cultural attractions.
The town is known for its beautiful Abbey Gardens and Theatre Royal, offering plenty of leisure options. With good transport links, commuting to nearby areas is straightforward.
Communal Entrance Telecom entry system. Stairs to first, second and top floors. Entrance Hall Entrance door into hall. Electric panel radiator.
Airing cupboard housing insulated hot water tank. Open Plan Kitchen/Living Area 16'8" x 18'6" (5.08m x 5.64m) Two Double glazed windows to front aspect. Electric panel radiator.
Wall mounted units and work surfaces with units under. Tiled splash backs. Sink unit and drainer with mixer tap over. Electric hob with hood over and oven under.
Space and plumbing for an automatic washing machine. Space for fridge freezer. Bedroom One 9'2" x 12'5" (2.79m x 3.78m) Double glazed window to rear aspect. Electric panel radiator.
Built-in wardrobe. Bedroom Two 7'5" x 11'3" (2.26m x 3.43m) Double glazed window to rear aspect. Electric panel radiator. Bathroom Suite comprising low level WC.
Pedestal wash hand basin. Panelled bath with shower over and screen. Tiled splash backs. Extractor fan. Shaver point.
Outside There is gated access to the development with communal parking and grounds with a bike and bin store.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Forum Court, Bury St Edmunds
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