Abbots Gate, Laundry Lane, Bury St Edmunds, Suffolk, IP33
LA

Abbots Gate, Laundry Lane, Bury St Edmunds, Suffolk, IP33

By Lacy Scott & Knight

£ 295,000

Reviews

3 out of 5 stars

Lacy Scott & Knight says ..

LAST FEW APARTMENTS REMAINING - CALL NOW FOR MORE INFORMATION! Two bedroom apartment set on the new Abbots Gate Development Fully fitted kitchen with appliances and parking near the centre of Bury St Edmunds.

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in Bury St Edmunds, Suffolk. Based on the provided images, the property appears to be newly built or recently renovated and is in excellent condition. The apartment is located within walking distance of local shops and restaurants. While the plot size is listed as 0.00 sqft, suggesting no private garden, the location in Bury St Edmunds is a positive factor. The list price of £295,000 needs to be considered in relation to other properties in the area. Nearby apartments on Abbots Gate have sold for between £220,000 and £315,000. Therefore, the list price is within the range of comparable properties, making it seem reasonable. However, without specific sqft data for these comparables, a precise price per sqft analysis cannot be performed. The proximity to Bury St Edmunds town centre, local amenities, and schools are significant advantages. The lack of outdoor space is a potential drawback, but this is balanced by the overall quality and 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. *

Price
7
Condition
10
Location
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
702.59

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
488,748.00 £
Decreased by 5.95 %
from 519,665.00 £
Est sale value
349,889.82 £
Decreased by 4.60 %
from 366,751.98 £
Average area rental value
1,587.00 £/mo
Decreased by 5.76 %
from 1,684.00 £/mo
Est letting value
702.59 £/mo
Unchanged by 0.00 %
from 702.59 £/mo
Est rental Yield
3.90 %
Increased by 0.26 %
from 3.89 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Lacy Scott & Knight created the listing.

Nearby Schools

NameTypeOfstedDistance
Hardwick Primary SchoolAcademy Converter0.58 KM
Hardwick Children'S CentreChildren's Centre0.77 KM
St Edmund'S Catholic Primary SchoolVoluntary Aided SchoolGood0.79 KM
Guildhall Feoffment Community Primary SchoolCommunity SchoolGood0.80 KM
Learning Support, Western Area Education OfficeMiscellaneous0.82 KM

Images

Picture No. 09 Picture No. 01 Picture No. 03 Picture No. 02 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Ely Close £ 000.00 KM
Laundry Lane £ 432,50000.00 KM
Cullum Road £ 000.00 KM
Coppers Close £ 000.00 KM
Sandpiper Road £ 252,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Bury St Edmunds7008BSE2.16 KM

Nearby Properties

AddressPriceDistance
19 Salisbury Green £ 255,0000.09 KM
9 Salisbury Green £ 248,0000.09 KM
4 Salisbury Green £ 50,0000.09 KM
3 Salisbury Green £ 187,5000.09 KM
17 Salisbury Green £ 285,0000.09 KM