Mermaid Close, Bury St. Edmunds
BA

Mermaid Close, Bury St. Edmunds

By Balmforth

£ 185,000

Reviews

2 out of 5 stars

Balmforth says ..

Shires Residential Sales are delighted to offer to the market for sale this well presented 2 bedroom Ground Floor floor Apartment in Mermaid Close, a short distance from the center of Bury St Edmunds and Train Station. The internal accommodation comprises 2 bedrooms, living room with double door...

Property Oracle says ..

This two-bedroom ground floor apartment in Bury St Edmunds offers a convenient location close to the town centre and train station. The property appears to be in good condition, with a modern kitchen and bathroom. Photos indicate a neatly maintained interior, though the overall size is relatively modest (739 sqft). The listing mentions the presence of a garden; however, the reported plot size is 0.00 sqft and the photos reveal a small, somewhat basic garden. While the location is advantageous, the price of £185,000 may be at the higher end of the market for similar properties in the area, based on the limited comparable data available. The lack of information on the building’s age or specific features (e.g., parking) makes a full assessment of value challenging. Potential buyers should carefully compare this property with other similar offerings in Mermaid Close and nearby streets to determine its overall value proposition.

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
6
Condition
7
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
739.16

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
372,500.00 £
Increased by 10.08 %
from 338,375.00 £
Est sale value
272,750.04 £
Increased by 19.42 %
from 228,400.44 £
Average area rental value
1,271.00 £/mo
Increased by 6.81 %
from 1,190.00 £/mo
Est letting value
739.16 £/mo
Unchanged by 0.00 %
from 739.16 £/mo
Est rental Yield
4.09 %
Decreased by 3.08 %
from 4.22 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Balmforth marked this listing as sold.

  • Balmforth created the listing.

Nearby Schools

NameTypeOfstedDistance
Tollgate Primary SchoolAcademy Sponsor LedGood0.98 KM
Bury Library Children'S CentreChildren's Centre1.16 KM
Bury St Edmunds County Upper SchoolAcademy ConverterSerious Weaknesses1.25 KM
St Benedict'S Catholic SchoolVoluntary Aided SchoolGood1.26 KM
King Edward Vi Church Of England Voluntary Controlled Upper SchoolVoluntary Controlled SchoolGood1.27 KM

Images

PXL_20240926_102726886~2.jpg PXL_20240926_101935033~2.jpg PXL_20240926_101852967.MP~2.jpg PXL_20240926_102124247~2.jpg PXL_20240926_102217192~2.jpg PXL_20240926_102333944~2.jpg PXL_20240926_101802688~2.jpg PXL_20240926_102749578.jpg PXL_20240926_101819273.MP~2.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Sandy Lane £ 000.00 KM
A143 £ 000.00 KM
St Johns Mews £ 000.00 KM
Saint John's Street £ 000.00 KM
Wick Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bury St Edmunds7008BSE0.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mermaid Close, Bury St. Edmunds £ 150,000BUY5 / 100.05 KM
Fornham Road, Bury St. Edmunds £ 230,000BUY6 / 100.14 KM
Bury St Edmunds, Suffolk. £ 485,000BUY7 / 100.17 KM
Woodford Gardens, Bury St Edmunds £ 550,000BUY7 / 100.17 KM
Fornham Road, Bury St. Edmunds £ 325,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
7 Mermaid Close £ 161,0000.07 KM
4 Mermaid Close £ 59,0000.07 KM
28 Mermaid Close £ 163,0000.07 KM
27 Mermaid Close £ 110,0000.07 KM
5 Mermaid Close £ 97,0000.07 KM