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Eastgate Street, BURY ST. EDMUNDS, Suffolk, IP33

PROPERTY TYPE

Terraced

BEDROOMS

1

BATHROOMS

1

SIZE

450 sq ft

42 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Perfectly positioned within walking distance of Bury St Edmunds town centre, this chain free well-presented one-bedroom home offers an exceptional opportunity for first time buyers or investors looking for a ready-to-go property in a prime, convenient location.

Entering the property, you are welcomed into the lounge, a bright and comfortable space ideal for relaxing or entertaining. Moving through, the layout flows naturally into the dining area, creating a versatile space for both everyday living and hosting.

To the rear, the kitchen is well arranged with a range of units and workspace, offering a practical and functional setup for modern living.

Upstairs, the landing provides access to a well-proportioned double bedroom, offering a peaceful retreat with space for storage. Also located on this floor is the shower room, fitted for convenience, along with an additional cupboard providing useful storage solutions.

One of the standout features of this home is its move-in ready condition, making it ideal for a first time buyer looking to step straight onto the ladder with minimal additional cost or work required.

For investors, this property presents an equally attractive proposition, with the ability to source a tenant and have them moved in quickly, avoiding delays, refurbishment costs, and maximising rental return from day one.

The location is a major draw, being within easy walking distance of Bury St Edmunds town centre, which offers a fantastic range of shops, restaurants, and leisure facilities, as well as a well-served bus station, perfect for those wanting convenience on their doorstep.

Bury St Edmunds itself is a historic market town renowned for its charm and character, offering excellent transport links including a train station with connections to Cambridge, Ipswich, and London. The town also benefits from strong road access via the A14, making it ideal for commuters and adding to its long-term investment appeal.

Whether you’re looking for your first home or a smart addition to your portfolio, this property offers location, condition, and convenience in one complete package.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties’
personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with
your lender before bidding.

A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer
Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-
Refundable Reservation Fee of 4.5% of the purchase price including VAT,
subject to a minimum of £6,600 inc. VAT.

This Fee is paid to reserve the
property to the buyer during the Reservation Period and is paid in addition to
the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc.
VAT. These services are optional.


COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Eastgate Street, BURY ST. EDMUNDS, Suffolk, IP33

Approximate location

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Renovation potential
Recently sold & under offer
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About Abbotts, Bury St Edmunds

1 Risbygate Street, Bury St Edmunds, Suffolk, IP33 3AA
Industry affiliations:

Bury St Edmunds is located in Suffolk and was voted one happiest places to live in the east of England by Rightmove in 2019. The team in our branch are proud to serve the local area and have a wealth of local knowledge to help find the right property for you, whether you're looking for a large detached property or an apartment. Our branch is located on Risbygate Street. Feel free to pop in if you're looking for any advice on buying, selling, renting or letting in the local area.

Affordability

Monthly repayments£662
Property: £ 145,000
Deposit: £ 14,500
Interest rate: 4.5%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference BSE260062. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Abbotts, Bury St Edmunds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Abbotts, Bury St Edmunds on 01284 333381.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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