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Kings Road, Bury St. Edmunds IP33

East of England

£695,000

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Land
Area
1615 sqft

Description

This property represents a unique opportunity for those looking to invest in a substantial residential plot of around 0.25 acres, conveniently located within walking distance from the town centre. Currently, it is occupied by a detached bungalow that is ripe for redevelopment. The approved planning permission allows for an impressive contemporary home exceeding 3,500 sq.ft, merging modern architecture with spacious, light-filled interiors across three levels. The existing dwelling could be reimagined or replaced entirely with the proposed design that emphasizes open living spaces, extensive glazing, and well-considered connections to the gardens. With features like a large open-plan kitchen and dining area leading to a covered terrace, as well as versatile lower-ground accommodation including a gym and media room, this property holds significant potential for both family living and entertaining. Additionally, the exterior offers ample room for landscaped gardens and outdoor areas that align with the proposed layout. As such, this site provides a promising investment or renovation opportunity in the thriving market town of Bury St Edmunds.

Investment analysis

(IP33 area)

Above Market Value

This property is priced +26.1% above area average per sq ft

+26.1%
This Property
£430/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£321
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£606,319
10% above area average per sq ft
Potential ROI
-35.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP33)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -2.9%
5 year growth: -3.6%
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

Kings Road, Bury St. Edmunds IP33
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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
£2,626
Based on a loan of £521,250 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

This calculation uses non-residential (land/commercial) tax rates.

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