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Jermyn Avenue, Bury St. Edmunds

East of England

£500,000
Listed on 08/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1469 sqft

Description

This four-bedroom family home situated in a quiet cul-de-sac on Moreton Hall presents a significant opportunity for renovation and value enhancement. The property is set on a generous plot, offering ample outdoor space that can be transformed into an inviting garden or recreational area, tailored to your vision. Inside, the layout includes an entrance hallway leading to several well-proportioned rooms. The ground floor features a spacious sitting room measuring approximately 11'3" x 22'6", ideal for family gatherings or entertaining guests. Adjacent to this, the dining room (10'0" x 12'5") offers a versatile space for formal meals or casual dining. The kitchen breakfast room, sized at 11'7" x 14'4", provides a functional area ripe for modernization, allowing you to create a contemporary culinary hub. Additionally, there’s a study (11'3" x 7'3") that could easily serve as a home office or playroom—an asset in today’s work-from-home environment. A utility room (8'8" x 4'8") enhances practicality, facilitating everyday chores with ease. The first floor hosts four bedrooms, including a master suite with an ensuite bathroom and additional family bathroom facilities. The property also benefits from off-road parking with a driveway leading to the double garage, which not only adds convenience but also potential for storage or even conversion into additional living space. Located near local schools and amenities, this home is ideally situated for families and investors alike. The proximity to essential services and community resources further enhances its appeal. This residence is offered with no onward chain, making it easier for those looking to invest in a property that has considerable potential for improvement and personalization.

Investment Analysis

(IP32 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£340/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£298
Avg Yield
5.2%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£538,175
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Monthly Sales
15
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (IP32)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -10.0%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on IP32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Jermyn Avenue, Bury St. Edmunds
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