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Bury St. Edmunds, Suffolk

East of England

£1,650,000
Listed on 13/12/2025

Property Details

Bedrooms
10
Type
Terraced house
Area
10000 sqft

Description

This expansive 10,000 sq ft commercial property, steeped in history as a former town house, offers a unique redevelopment opportunity in the heart of Bury St Edmunds. The Grade I listed building features a variety of spaces including formal receptions, meeting rooms, and ancillary areas across three floors and cellars. Currently operating as a private members club, this premises also includes valuable outbuildings and an 80+ space car park generating an annual income of approximately £50,000. With its prime location and flexible accommodation, the property presents significant potential for conversion to various uses such as commercial, leisure, or even residential—subject to local planning approval. The historic character combined with ample parking makes this an attractive investment for those looking to modernize while preserving architectural integrity. Interested parties are encouraged to explore the full range of possibilities this substantial property has to offer.

Investment Analysis

(IP33 area)

Below Market Value

This property is priced -51.5% below area average per sq ft

-51.5%
Potential saving
This Property
£165/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £600,000
Target Value
£3,746,050
10% above area average per sq ft
Potential ROI
+66.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IP33)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -1.9%
5 year growth: 4.6%
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.

Location

Bury St. Edmunds, Suffolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,044
Based on a loan of £1,237,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE