Sheridans says ..

Property Oracle says ..

This 3-bedroom, 1-bathroom terraced house located on Crown Street in Bury St Edmunds presents a unique opportunity for buyers seeking a period property with potential. Situated in the highly desirable Abbeygate area, the property benefits from its proximity to the town centre and Abbey Gardens. The property’s age and character are evident in its features such as exposed beams and traditional fireplaces. However, the property requires significant modernisation and updating. The kitchen and bathrooms, in particular, appear outdated and would need renovation to enhance functionality and aesthetic appeal. The garden offers a pleasant outdoor space, a valuable asset for a town property. The list price should be considered in context with the necessary renovation costs, which are likely to be substantial. Potential buyers should undertake a thorough survey to ascertain the extent of the required works. While the location significantly enhances value, the condition suggests a significant budget will be needed to fully realize the property’s potential. Overall, this is a property which, with the appropriate investment, could represent excellent value in a highly sought-after location. The lack of plot size data and detailed nearby property information prevents a full comparison. However, the available data strongly points to a property with significant character and potential in a highly sought-after location.

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

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