2-bedroom terraced house · IP29 5NE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An end-terrace country cottage for full renovation occupying a pleasant semi-rural location less than 3 miles from the centre of Bury St. Edmunds. Position and potential here, do not miss out!
Entrance Hall | Sitting Room | Kitchen | Ground Floor Bathroom | 2 Bedrooms | Garden 3 The Pound This potentially delightful period end of terrace country cottage is in need of complete and extensive renovation.
It occupies a quiet and attractive position at the end of a short lane in the popular location of Nowton.
It offers the next owner the opportunity to completely make it their own and update it to suit their own taste.
The accommodation comprises Victorian Gothic arched door leading into an entrance hallway, ground floor bathroom, kitchen, sitting room, stairs and two first floor bedrooms (one leading through to the next).
Please note there is also some reduced head height and there are two dormer windows in the first-floor rooms.
Overall, the property is in poor condition, there is no central heating, single glazing, and a poor EPC report.
The potential for extending exists, in our opinion, to the side only into the garden area (Subject To Planning Permission).
The front elevation is Victorian red-brick faced but the property appears to be older and timber-framed behind.
Outside Externally the property enjoys established gardens to the front, enclosed by picket fence and behind mature hedging, and to the side, a good sized open lawned garden area bounded by shrubs and trees, with a timber garden shed, and plenty of space for potential off-road parking and potentially building a garage STPP.
Location The Pound sits in the centre of the Nowton village community, but in a tucked-away position.
Its entrance is almost directly opposite the village hall, close to the popular Nowton Park recreation space, and only a short walk away from the nearby artisan bakery, and pre-school nursery.
Property Information Services: Mains electricity, water and drainage. None tested. Local Authority: West Suffolk Council. Council Tax Band B. Tenure: Freehold.
Broadband: Ultrafast predicted highest download speed 1800 Mbps and highest upload speed 220 Mbps. (Information taken from Ofcom website). Mobile Coverage: Good outdoor and variable in-home.
Directions Leaving Bury St. Edmunds centre head south on Nowton Road, past Nowton Park entrance and continue onto Cooper Lane.
At the junction, with the Village Hall on your left, the lane straight ahead of you is The Pound where No. 3 will be found as the last of the 3 cottages on the left hand side.
What3words///stretcher.nowadays.scanner Should you wish to proceed with an offer on this property, we are obligated by HMRC to conduct mandatory Anti-Money Laundering Checks.
We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Coadjute who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £33.00 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Coadjute, and is non-refundable.
Lacy Scott & Knight do not receive any commission for this payment/service.
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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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 3, The Pound, Nowton, Bury St. Edmunds, Suffolk, IP29
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