118 Eastgate Street, Bury St. Edmunds
BA

118 Eastgate Street, Bury St. Edmunds

By Balmforth

£ 100,000

Reviews

2 out of 5 stars

Balmforth says ..

A rare opportunity to purchase a one bedroom ground floor apartment in a small select retirement development for the over 60's within walking distance of the town centre and close to the stunning Abbey Gardens. The property has no onward chain and offers accommodation of Entrance Hall, Sitting/D...

Property Oracle says ..

This one-bedroom ground floor apartment in Bury St Edmunds is situated within a retirement development for the over 60s. Its central location is a significant advantage, offering easy access to the town centre, amenities, and the beautiful Abbey Gardens. The train station is also within reach, facilitating convenient travel. The proximity to well-regarded schools adds another positive element for potential buyers. However, the property’s condition needs some attention. The provided photos reveal that the kitchen and bathroom are somewhat dated and would require modernisation to meet modern standards. The property’s size, approximately 750 sq ft, is standard for a one-bedroom apartment. The absence of a private garden is expected due to the nature of the development, although access to communal gardens is provided. The listing price appears competitive in light of the current property market, considering that similar properties in better condition with larger outdoor areas or added features sell at higher prices. While the property has excellent advantages relating to location and proximity to desirable community aspects, the required renovations must be considered. Overall, this is a suitable option for potential buyers looking for a relatively affordable one-bedroom apartment in a desirable town centre location, but they should account for the necessary refurbishments.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
749.92

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
325,000.00 £
Increased by 16.69 %
from 278,519.00 £
Est sale value
152,233.76 £
Decreased by 29.51 %
from 215,976.96 £
Average area rental value
1,485.00 £/mo
Decreased by 5.23 %
from 1,567.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 749.92 £/mo
Est rental Yield
5.48 %
Decreased by 18.81 %
from 6.75 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Balmforth created the listing.

Nearby Schools

NameTypeOfstedDistance
Priory SchoolAcademy Special ConverterOutstanding0.46 KM
Learning Support, Western Area Education OfficeMiscellaneous0.82 KM
Guildhall Feoffment Community Primary SchoolCommunity SchoolGood1.09 KM
Bury Library Children'S CentreChildren's Centre1.41 KM
St Edmund'S Catholic Primary SchoolVoluntary Aided SchoolGood1.44 KM

Images

Kitchen/Breakfast Room Sitting Room Shower Room aaa.jpg Double Bedroom Kitchen/Breakfast Room Sitting Room Bedroom View from Sitting Room Gardens Front Gardens Gardens Front

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Edmunds Mews £ 000.00 KM
Brunel Business Court £ 000.00 KM
Cathedral View £ 000.00 KM
Barton Road £ 750,00000.00 KM
Redwood Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bury St Edmunds7008BSE1.31 KM
Thurston7356TRS9.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
118 Eastgate Street, Bury St. Edmunds £ 80,000BUY6 / 100.00 KM
Eastgate Street, Bury St. Edmunds £ 200,000BUY5 / 100.04 KM
Eastgate House, Bury St. Edmunds £ 90,000BUY6 / 100.08 KM
Eastgate House, Bury St Edmunds £ 157,000BUY6 / 100.08 KM
Eastgate Street, Bury St Edmunds £ 190,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
33a Eastgate Street £ 655,0000.09 KM
112 Eastgate Street £ 141,0000.09 KM
110 Eastgate Street £ 142,5000.09 KM
109 Eastgate Street £ 250,0000.09 KM
30 Eastgate Street £ 232,9500.09 KM