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Springfield Road, Bury St Edmunds, Suffolk

East of England

£400,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1302 sqft

Description

This charming three-bedroom semi-detached property presents a valuable opportunity for renovation in a well-regarded residential area, situated conveniently near the town centre. The home features two reception rooms and two bathrooms, although the en suite shower unit requires attention. With some updating, this space can be transformed to suit modern living needs while preserving its original character that makes it special. Upon entry, you are welcomed by timeless architectural details that offer an inviting atmosphere for both relaxation and entertaining. The loft conversion, accessible via ladder stairs, provides additional flexible space that could serve as a home office or study. Additionally, the cellar offers practical storage solutions, enhancing the usability of the home. The property's sizeable enclosed garden is a highlight, ideal for families seeking a low-maintenance outdoor area for play or summer gatherings, allowing you to enjoy peaceful surroundings. Its prime location just a short walk from Bury town centre means residents benefit from easy access to shops, dining options, and essential amenities. The driveway parking accommodates one vehicle with further permit options available for guests—a useful commodity rarely found in such locations. Overall, this property stands as an attractive proposition not just as a residence but as an investment opportunity ripe for enhancement.

Investment Analysis

(IP33 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£307/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£486,304
10% above area average per sq ft
Potential ROI
+10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP33)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +1.4%
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

Springfield Road, Bury St Edmunds, Suffolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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