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Sherborne Road, Bury St. Edmunds, IP33 - Image 8

Sherborne Road, Bury St. Edmunds, IP33

East of England

£115,000
Listed on 16/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
812 sqft

Description

This three-bedroom property presents a significant renovation opportunity following fire damage, positioned in a well-established area on Sherborne Road. It is conveniently located near the town center of Bury St. Edmunds, offering easy access to local schools, amenities, and transport links. The property features a traditional layout with a living room, kitchen, a downstairs WC, and three bedrooms complemented by a family bathroom. Additionally, there is a private garden and garage with off-street parking available. With its current condition requiring full refurbishment, this home offers potential buyers the chance to undertake an extensive renovation project tailored to personal specifications. This could be particularly appealing to developers and investors looking to create value through modernisation in a sought-after residential location. The absence of an onward chain also facilitates a quicker acquisition process for those ready to commit. While the surrounding area boasts various shopping, dining, and leisure options, it’s important to recognize the substantial works needed to restore this property back into a comfortable home.

Investment Analysis

(IP33 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£142/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£305,206
10% above area average per sq ft
Potential ROI
+48.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (IP33)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -2.8%
5 year growth: -0.4%
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

Sherborne Road, Bury St. Edmunds, IP33
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 over 30 years at 4.06% 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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