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Out Risbygate, BURY ST. EDMUNDS

East of England

£260,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1250 sqft

Description

This Victorian terraced house in Bury St Edmunds presents a unique opportunity for renovation and investment. The property features a spacious living room and a separate dining room that provide comfortable entertaining areas. The kitchen connects to a conservatory/utility space, which can be transformed into a more functional layout or updated with modern finishes. The three double bedrooms on the first floor offer ample space, inviting an opportunity for interior reconfiguration or enhancement. The enclosed rear garden, complete with a patio and powered storage outbuilding, provides the possibility for outdoor upgrades or landscaping improvements. Additionally, the accessible cellar could be developed to create further storage or living space. There is considerable potential to add value through renovations such as updating the bathroom and kitchen, enhancing energy efficiency, or even exploring options for a loft conversion to increase living space. With no onward chain, this home invites buyers to reimagine its character and make it their own within a vibrant community close to local amenities.

Investment Analysis

(IP33 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£208/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
£466,881
10% above area average per sq ft
Potential ROI
+55.6%
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

Out Risbygate, BURY ST. EDMUNDS
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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
£982
Based on a loan of £195,000 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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