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Bury St. Edmunds, Suffolk

East of England

£275,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This property presents a compelling renovation opportunity situated within walking distance to the town centre. With planning permission already granted for conversion from commercial to residential use, this site is primed for transformation into a two-bedroom dwelling. The building has served various functions, most recently as a meat depot and upholstery shop, and features a showroom with an attached fabric store and ample attic storage on the first floor. The main workshop area offers significant space, alongside additional storage and office facilities, creating the potential for reconfiguration into comfortable living spaces. The layout includes a secure storage room, WC, and plant room, while external access leads to a rear courtyard—ideal for private outdoor space. The existing utilities (electricity, water, drainage, and gas) are connected and ready for use. Given its location in a conservation area and proximity to vital amenities, this property not only offers historical charm but also the chance for significant investment returns through thoughtful refurbishment.

Investment Analysis

(IP33 area)
Area Average
£340/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

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
£1,039
Based on a loan of £206,250 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.

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