Balmforth says ..
A spacious well presented one bedroom second floor apartment in this exclusive development of 56 apartments for the over 70's. The purpose built retirement complex has the benefit of 24 hour on-site staffing and is located a within a short walk to the town centre. The complex has the benefit of...
Property Oracle says ..
This one-bedroom apartment in Bury St Edmunds is situated within a retirement complex on Cotton Lane. The property benefits from convenient access to the town centre and local amenities, including the nearby Bury St Edmunds train station. Several schools are also within a reasonable distance, making it potentially suitable for those with school-aged children (although it’s in a retirement development. The apartment appears clean and well-maintained, although the decor is somewhat dated. The kitchen and bathroom, while functional, would likely benefit from modernisation. The photos show a shared communal garden, but the property itself does not have a private garden. The lack of plot size information means a specific assessment of the land is limited to its association with the complex. The price appears to be within range for similar properties in the area, given it’s position within a retirement development with facilities. However, potential buyers need to factor in that it’s within a retirement complex which may limit potential buyers.
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
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 647.99
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Metrics Year-on-Year
- Average area value
- 325,000.00 £Increased by 16.69 %
- Est sale value
- 131,541.97 £Decreased by 29.51 %
- Average area rental value
- 1,485.00 £/moDecreased by 5.23 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 5.48 %Decreased by 18.81 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Balmforth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bury Library Children'S Centre | Children's Centre | 0.72 KM | |
| Guildhall Feoffment Community Primary School | Community School | Good | 1.02 KM |
| St Edmund'S Catholic Primary School | Voluntary Aided School | Good | 1.23 KM |
| Learning Support, Western Area Education Office | Miscellaneous | 1.26 KM | |
| Priory School | Academy Special Converter | Outstanding | 1.28 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| A143 | £ 0 | 0 | 0.00 KM |
| St Michael's Close | £ 0 | 0 | 0.00 KM |
| St Johns Mews | £ 0 | 0 | 0.00 KM |
| Saint John's Street | £ 0 | 0 | 0.00 KM |
| Redwood Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bury St Edmunds | 7008 | BSE | 0.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cotton Lane, Bury St. Edmunds | £ 180,000 | BUY | 5 / 10 | 0.00 KM |
| Cotton Lane, Bury St Edmunds | £ 165,000 | BUY | 6 / 10 | 0.02 KM |
| Chantry Court, Cotton Lane, Bury St. Edmunds | £ 170,000 | BUY | 5 / 10 | 0.03 KM |
| Cross Penny Court, Cotton Lane, Bury St. Edmunds | £ 180,000 | BUY | 7 / 10 | 0.04 KM |
| Cross Penny Court, Cotton Lane, Bury St. Edmunds | £ 195,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Mark Jennings Lane | £ 165,000 | 0.07 KM |
| 3 Mark Jennings Lane | £ 52,000 | 0.07 KM |
| 5 Mark Jennings Lane | £ 78,950 | 0.07 KM |
| 12 Mark Jennings Lane | £ 182,500 | 0.07 KM |
| 85 Northgate Street | £ 160,000 | 0.08 KM |