Mark Ewin says ..

Property Oracle says ..

Oxlip House, a retirement apartment complex located in Moreton Hall, Bury St Edmunds, offers this two-bedroom, ground-floor apartment for sale. The property is presented as being in good condition, with modern fixtures and fittings. The photos show a clean and well-maintained interior. A key feature is its proximity to several schools, including Abbots Green Primary Academy and First Base Bury St Edmunds. The apartment itself benefits from a convenient location within the complex, providing easy access to communal facilities. The property is marketed on a 75% shared ownership basis, meaning a portion of the ownership remains with the housing association. This may appeal to specific buyer demographics, particularly those seeking affordable retirement living. However, potential buyers should fully research the implications of shared ownership before committing. Furthermore, the complete lack of external private space is a significant consideration. While located in a desirable neighbourhood, detailed information on the amenities within Moreton Hall itself would be beneficial to prospective buyers.

The absence of specific square footage information for the apartment in comparison with other local properties makes a comprehensive evaluation of price per square foot and therefore value for money challenging. The surrounding area shows a variation in property prices, indicating a diverse market ranging from terraced houses to larger detached properties. This variation in property type and price should be taken into account when considering this particular apartment.

In summary, this property offers a convenient and well-presented apartment in a good location, but the shared ownership aspect, the lack of outdoor space and the incomplete data provided require careful consideration by 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. *

Images