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Bury St. Edmunds, Suffolk

East of England

£395,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
865 sqft

Description

This detached bungalow presents a significant opportunity for renovation and modernization in the desirable West side of Bury St. Edmunds. Located conveniently near local amenities and West Suffolk Hospital, it ensures practical living while offering potential for value enhancement. The property features an entrance hall leading into a sizable sitting room with a bay window, which flows into a dining area with sliding doors to the rear garden. The kitchen is equipped with essential wall and base units, although updating would greatly improve functionality. A utility room provides extra space for appliances, while two bedrooms—one notably spacious with fitted wardrobes—offer comfortable sleeping quarters. The bathroom includes basic fixtures that could benefit from contemporary upgrades. Outside, the bungalow boasts off-road parking for several vehicles, a garage with power connected, and a delightful rear garden with terraced dining space and workshop potential. This property is set on approximately 0.19 acres, making it suitable for further improvements or landscaping projects.

Investment Analysis

(IP33 area)

Above Market Value

This property is priced +34.5% above area average per sq ft

+34.5%
This Property
£457/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
£323,082
10% above area average per sq ft
Potential ROI
-25.7%
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

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
£1,492
Based on a loan of £296,250 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.

Stamp Duty Calculator

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