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See how verdicts work1-bedroom house · IP33 3AD
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally positioned in the heart of Bury St Edmunds, this charming ground floor one bedroom retirement apartment on Risbygate Street forms part of the well regarded Lacy Court development.
Designed for the over 60's, this development offers a comfortable and convenient lifestyle within easy reach of the town centre and its excellent range of amenities.
The apartment provides well proportioned accommodation, comprising of a welcoming lounge/diner with a seamless connection to the kitchen, creating a bright and inviting space for both relaxing and entertaining.
The generous bedroom offers plenty of room for furnishings and personal touches, while the property also benefits from a secure entry system for added peace of mind.
Lacy Court is a friendly retirement community with a range of facilities designed to make everyday life both enjoyable and reassuring.
Residents benefit from an on-site manager, communal lounge, beautiful communal gardens, and residents' parking, providing opportunities to socialise with neighbours while also enjoying the privacy and independence of their own home.
Ideally positioned for access to Bury St Edmunds town centre, this is an excellent opportunity for those seeking a secure, low-maintenance retirement property within a welcoming community which is close to local shops, services and amenities.
EPC Rating: C Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (aml) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (aml) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the associated sale or letting.
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
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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 16 Lacy Court Risbygate Street, Bury St. Edmunds
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