Looms Lane, Bury St. Edmunds
WI

Looms Lane, Bury St. Edmunds

By William H. Brown

£ 525,000

Reviews

3 out of 5 stars

William H. Brown says ..

Notice of offer :5 & 6 Looms Lane Bury St Edmunds Suffolk     IP33 1HE We advise that an offer has been made for the above property in the sum of £525,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.

Property Oracle says ..

This five-bedroom, three-bathroom property in Bury St Edmunds presents a compelling proposition for buyers seeking a blend of town centre convenience and potentially family-friendly living. The property’s location within the Abbeygate area of Bury St Edmunds is a major strength, providing proximity to a range of amenities, excellent schools (including the highly-rated Priory School), and convenient access to the train station. The internal images of the property suggest a recently completed renovation, with features such as the modern kitchen and bathrooms. The property also appears spacious, well-lit, and finished to a high standard. However, it’s important to note some inconsistencies. While the interior appears to be high quality, some images reveal unfinished spaces which lower the overall quality. The exterior appears well-maintained but the images show a rather small, paved courtyard as a garden rather than a traditional garden. The lack of key information, such as square footage and plot size, makes it difficult to fully assess the property’s value compared to other similarly sized properties in the local market. The price of £525,000 is currently difficult to evaluate accurately, as a comparable price per square foot cannot be determined due to missing data. In summary, this property offers a strong location and what appears to be a newly renovated interior but requires additional information on the property size and land details to make a conclusive assessment of its market value. The small, paved outdoor space may be a drawback for families and could influence its marketability.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
3
Bedrooms
5
Bathrooms
3

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 £
Average area rental value
1,597.00 £/mo
Increased by 18.47 %
from 1,348.00 £/mo
Est rental Yield
4.93 %
Increased by 20.83 %
from 4.08 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Guildhall Feoffment Community Primary SchoolCommunity SchoolGood0.49 KM
Bury Library Children'S CentreChildren's Centre0.54 KM
St Edmund'S Catholic Primary SchoolVoluntary Aided SchoolGood0.70 KM
Learning Support, Western Area Education OfficeMiscellaneous0.89 KM
Priory SchoolAcademy Special ConverterOutstanding1.36 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Redwood Gardens £ 000.00 KM
Buttermarket £ 000.00 KM
St Michael's Close £ 000.00 KM
Market Square £ 000.00 KM
Tuns Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bury St Edmunds7008BSE0.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bury St Edmunds, Suffolk £ 359,950BUYUnknown0.03 KM
Looms Lane, Bury St. Edmunds £ 350,000BUY6 / 100.05 KM
Bury St Edmunds, Suffolk £ 395,000BUY5 / 100.08 KM
Looms Lane, Bury St. Edmunds £ 450,000BUY7 / 100.08 KM
Garland Street, Bury St. Edmunds £ 300,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
4 Looms Lane £ 325,0000.00 KM
The Corner House £ 312,5000.03 KM
10 Angel Hill £ 1,500,0000.11 KM
6 Angel Hill £ 1,315,0000.11 KM
14 Angel Hill £ 850,0000.13 KM