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Raedwald Drive, Bury St. Edmunds, Suffolk, IP32 - Image 1
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Raedwald Drive, Bury St. Edmunds, Suffolk, IP32

East of England

£320,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
942 sqft

Description

Upon entering this property, you are greeted by an inviting entrance hall that leads into a generously sized living room, designed to accommodate both family life and entertaining guests. Adjacent to this space is a conservatory at the rear, which adds an extra reception area bathed in natural light and offering delightful views of the garden, making it an ideal spot for relaxation or social gatherings during warmer months. The kitchen, positioned conveniently off the main living area, while serviceable, presents a clear opportunity for renovation towards a more modern aesthetic that aligns with contemporary living standards. Completing the ground floor is a downstairs WC that enhances day-to-day functionality. The expansive rear garden is another highlight of the property; it's not only sizable and private but also borders open land, fostering a serene atmosphere. Additionally, with the presence of a garage on-site, there exists significant potential for conversion into a fourth bedroom or home office, further increasing the property's value. As you ascend to the first floor, you'll find three well-sized bedrooms that surround a central landing featuring additional storage options. The family bathroom serves all bedrooms and like the kitchen offers ample scope for updating according to personal preferences. This property presents an excellent chance for buyers seeking a detached home with substantial space and privacy while possessing various avenues to add value through thoughtful renovations. The absence of an onward chain further simplifies the process for interested parties.

Investment Analysis

(IP32 area)

Above Market Value

This property is priced +2.5% above area average per sq ft

+2.5%
This Property
£340/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£343,552
10% above area average per sq ft
Potential ROI
-1.8%
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
21%
Properties sold annually

Local Market Trend (IP32)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -9.9%
5 year growth: +0.6%
Investment Disclaimer: Analysis based on IP32 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

Raedwald Drive, Bury St. Edmunds, Suffolk, IP32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,133
Based on a loan of £240,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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