Lethrede, Hall Lane, Risby, Bury St. Edmunds, Suffolk
BY

Lethrede, Hall Lane, Risby, Bury St. Edmunds, Suffolk

By Bychoice

£ 550,000

Reviews

3 out of 5 stars

Bychoice says ..

In need of some improvement is this detached house with a 1 bedroom detached annexe is situated in the charming village of Risby near Bury St Edmunds in Suffolk. The main property boasts 4 bedrooms, each with its own ensuite bathroom, providing ample space and privacy for the whole family. Additi...

Property Oracle says ..

This property in Risby, Suffolk, presents a unique opportunity, but requires careful consideration. The property comprises a main house and an additional building, offering significant potential for a large family or those seeking versatile living arrangements. The five bedrooms provide ample space, and the property benefits from a substantial garden. However, the images reveal that the property is in need of some modernisation and renovation. Several rooms show unfinished or dated aspects, including some areas with exposed walls or incomplete finishes. The bathrooms, while present, appear to be in need of updating. The kitchen, while functional, presents a dated aesthetic. The property’s location in Risby is a significant advantage, with the village offering a desirable blend of peace and quiet combined with proximity to Bury St Edmunds. The nearby highly-rated primary school is a major draw for families. The lack of detailed plot size information prevents a complete evaluation of the land’s value. Overall, this property is suitable for a buyer willing to undertake renovation work, offering good value for money in a highly desirable location, however, the condition of the property needs to be carefully assessed before purchase.

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
4
Location
7
Land
6
Bedrooms
5
Bathrooms
0
Sqft (est)
1,600.00

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
400,000.00 £
Decreased by 62.22 %
from 1,058,750.00 £
Est sale value
441,600.00 £
Decreased by 26.40 %
from 600,000.00 £
Average area rental value
2,250.00 £/mo
Increased by 73.08 %
from 1,300.00 £/mo
Est letting value
1,600.00 £/mo
from 0.00 £/mo
Est rental Yield
6.75 %
Increased by 359.18 %
from 1.47 %
Crime Rate
117.00 %
Unchanged by 0.00 %
from 117.00 %

Agent Activity

  • Bychoice marked this listing as sold.

  • Bychoice created the listing.

Nearby Schools

NameTypeOfstedDistance
Brookes UkOther Independent School0.37 KM
Risby Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolOutstanding0.42 KM
Westley Middle SchoolAcademy ConverterGood5.59 KM
Sexton'S Manor Community Primary SchoolCommunity SchoolGood5.85 KM
Howard Community AcademyAcademy Sponsor Led6.20 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Church Close £ 000.00 KM
The Avenue £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Bury St Edmunds7008BSE8.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hall Lane, Risby £ 495,000BUY6 / 100.00 KM
Hall Lane, Risby £ 578,000BUY7 / 100.07 KM
Hall Lane, Risby £ 578,000BUYUnknown0.08 KM
Hall Lane, Risby £ 495,000BUY6 / 100.10 KM
Lower Green, Risby, Bury St. Edmunds, Suffolk, IP28 £ 300,000BUY5 / 100.39 KM

Nearby Properties

AddressPriceDistance
Laurel Lodge £ 413,9730.26 KM
Lethrede £ 310,0000.26 KM
4 Quays Barns £ 595,0000.37 KM
Woven Gables £ 233,0000.44 KM
Misbourne £ 144,0000.44 KM