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See how verdicts work3-bedroom flat · IP33 1EF
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, three-bedroom, third-floor apartment located in a quiet spot overlooking the rooftops over Bury St Edmunds and conveniently situated a stones throw away from the town centre, local shops, facilities and the Abbey Gardens.
The accommodation offers an entrance hall with a large storage cupboard, spacious sitting room, modern and open-plan kitchen/dining room and a Balcony overlooking the rooftops.
The balcony provides access to the sitting room, second bedroom and a storage cupboard. The kitchen offers an attractive range of wall and base level units and features a kitchen island.
The kitchen further benefits from built-in appliances to include an oven, hob, dishwasher and fridge-freezer.
From the hallway, three double bedrooms can be found, the principal offers an ensuite shower room and the second bedroom is currently used as a snug.
The main bathroom completes the accommodation on offer.
The apartment also benefits from loft storage accessed via a pull down ladder and a communal hallway leading to the apartment along with a lift, a remote door entry system and rear access to the bin store and secure parking area.
Parking is offered via an undercover allocated space with a security entry and EV charging point.
Agents note: This property is situated in a conservation area and there is a planning application for a part conversation to five apartments on the street behind this property.
More information can be found under reference DC/24/1401/var or DC/23/0755/ful on the West Suffolk Planning Portal.
Additional Information Tenure: Leasehold Lease Term: 999 years from 14 December 2001. (974 years remaining) Service Charge: £3593.10 per annum.
(charged bi-annually) Mobile Coverage: EE, O2, Three & Vodafone are available in this area. (Source Ofcom) Broadband: Standard, Superfast & Ultrafast are available in this area.
(Source Ofcom) Services: Mains Gas, Electric, Water & Drainage. Heating via gas central heating.
(Please note that none of these services have been tested by the selling agent.) Entrance Hall (6' 3'' x 8' 7'' (1.91m x 2.62m)) Hallway (9' 11'' x 19' 2'' (3.03m x 5.83m)) Sitting Room (20' 7'' x 20' 6'' (6.27m x 6.26m)) Kitchen (14' 8'' x 10' 6'' (4.48m x 3.20m)) Dining Area (13' 4'' x 8' 9'' (4.07m x 2.67m)) Snug (9' 5'' x 12' 11'' (2.87m x 3.94m)) Bedroom (14' 9'' x 15' 1'' (4.50m x 4.61m)) Ensuite (8' 4'' x 8' 4'' (2.53m x 2.53m)) Bedroom (14' 8'' x 8' 2'' (4.48m x 2.50m)) Bathroom (6' 5'' x 8' 4'' (1.95m x 2.55m)) Balcony (8' 4'' x 12' 6'' (2.53m x 3.82m))
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 11 St Edmunds Apartments, Lower Baxter Street, Bury St. Edmunds
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