Risbygate Street, Bury St. Edmunds, Suffolk, IP33
LA

Risbygate Street, Bury St. Edmunds, Suffolk, IP33

By Lacy Scott & Knight

£ 500,000

Reviews

4 out of 5 stars

Lacy Scott & Knight says ..

A substantial two bedroom, 2 bathroom first floor apartment for the over 60s, located in the historic market town of Bury St Edmunds. Available with NO ONWARD CHAIN.

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment with a total area of 1,033 sqft. The listing price is £500,000. Images show a modern, well-maintained interior with a contemporary kitchen and bathrooms. The apartment appears to be in excellent condition. The location in Bury St Edmunds, specifically on Risbygate Street, benefits from proximity to various amenities. Nearby schools, including King Edward VI Church of England Voluntary Controlled Upper School and St Edmundsbury Church of England Voluntary Aided Primary School, both have “Good” Ofsted ratings, making it attractive for families. The Bury St Edmunds train station is also within a convenient distance, providing good transport links. While the plot size is listed as 0.00 sqft, the external photos show a communal garden area. The extent of private outdoor space is unclear from the provided information. Considering the property’s apparent excellent condition, its central location within Bury St Edmunds, and the proximity to amenities and transport links, the asking price of £500,000 requires further investigation. A comparison with similar properties in the area and an analysis of the average price per square foot would be needed to determine if this price is reasonable. Unfortunately, the provided data on nearby properties lacks sufficient detail (many sqft values are 0.00) to make a robust price comparison. Therefore, a conclusive assessment of the value for money cannot be made at this time.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
0
Condition
10
Location
9
Land
5
Bedrooms
2
Bathrooms
2
Sqft (est)
1,033.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
388,333.00 £
Decreased by 1.98 %
from 396,178.00 £
Est sale value
381,177.00 £
Increased by 12.16 %
from 339,857.00 £
Average area rental value
1,597.00 £/mo
Increased by 18.47 %
from 1,348.00 £/mo
Est letting value
1,033.00 £/mo
Unchanged by 0.00 %
from 1,033.00 £/mo
Est rental Yield
4.93 %
Increased by 20.83 %
from 4.08 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Lacy Scott & Knight created the listing.

Nearby Schools

NameTypeOfstedDistance
Bury Library Children'S CentreChildren's Centre0.39 KM
King Edward Vi Church Of England Voluntary Controlled Upper SchoolVoluntary Controlled SchoolGood0.52 KM
St Edmundsbury Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.54 KM
West Suffolk CollegeFurther EducationGood0.82 KM
Abbeygate Sixth Form CollegeFree Schools 16 To 190.90 KM

Images

Elevated External Sitting/Dining Room Kitchen Picture No. 08 Bedroom Bedroom En-Suite Bathroom Communal Area Charging Station Entrance/Parking Street View Picture No. 02 Picture No. 03 Picture No. 04

Nearby Streets

NameAverage PriceAverage SqftDistance
Elsey's Yard £ 000.00 KM
Camberley Court £ 000.00 KM
Wick Lane £ 000.00 KM
All Saints Court £ 375,00000.00 KM
Market Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bury St Edmunds7008BSE0.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Risbygate Street, Bury St. Edmunds, Suffolk, IP33 £ 340,000BUY7 / 100.00 KM
Risbygate Street, Bury St. Edmunds, Suffolk, IP33 £ 500,000BUY6 / 100.00 KM
Risbygate Street, Bury St. Edmunds, Suffolk, IP33 £ 525,000BUY6 / 100.03 KM
1 Bed Apartment, Liberty Lodge, Bury St. Edmunds £ 229,000BUYUnknown0.05 KM
2 Bed Apartment, Liberty Lodge, Bury St. Edmunds £ 335,965BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
82 Risbygate Street £ 432,0000.03 KM
12 Nelson Road £ 305,0000.10 KM
9 Nelson Road £ 345,0000.10 KM
16 Nelson Road £ 250,0000.10 KM
5 Nelson Road £ 270,0000.10 KM