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York Road, Bury St. Edmunds

East of England

£600,000
Listed on 05/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2228 sqft

Description

This detached bungalow, located on a desirable corner plot on the west side of town, presents an excellent opportunity for renovation and investment. Set on a spacious quarter-acre lot, the property features a substantial private garden and ample off-street parking. Additionally, it benefits from a modern one-bedroom annexe, making it versatile for various uses. The main bungalow retains several charming original elements, such as high ceilings and exposed beams, which lend character to the living spaces. While the home is well-proportioned with three bedrooms, a large sitting room with dual aspect windows, and a dining room that leads to a bright garden room, it would greatly benefit from updating. The potential to expand into the loft space—pending planning approval—offers exciting possibilities for increasing living space or adding additional bedrooms. The layout includes a functional kitchen/breakfast room equipped with essential appliances and generous work surfaces. Each of the bedrooms is designed to capture natural light and offers comfortable proportions. The family bathroom is practical and includes necessary amenities along with an airing cupboard. The outdoor space is thoughtfully arranged for low maintenance while providing privacy through fencing. Features include a significant patio area ideal for outdoor gatherings and both a summerhouse and studio that could serve multiple purposes—from creative spaces to home offices. In terms of location benefits, this property is situated in a desirable area that combines tranquility with accessibility to local amenities. With its adaptable accommodation options, together with expansion potential and existing structures like the annexe, this bungalow represents an enticing opportunity for investors or those looking to create their dream home through renovation. An internal view will reveal the full scope of what's possible in this promising residence.

Investment Analysis

(IP33 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£269/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£833,517
10% above area average per sq ft
Potential ROI
+22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (IP33)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 0.0%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on IP33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

York Road, Bury St. Edmunds
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