87 Springfield Road, Bury St. Edmunds, Suffolk IP33 3AR

Description

A two-bedroom mid-terraced property requiring refurbishment throughout, situated within a short walk of Bury St Edmunds town centre. A spacious two-bedroom mid-terraced home situated in the heart of Bury St Edmunds, in need of full refurbishment throughout. The property benefits from a lounge, dining room, kitchen, utility room and cellar, along with two generous double bedrooms and a large family bathroom on the first floor. Bury St Edmunds is a historic and highly sought-after market town, offering a charming mix of period architecture, independent shops, cafés, restaurants and cultural attractions. The town provides excellent everyday amenities and transport links, making it a popular choice for both residents and commuters.

Location

87 Springfield Road, Bury St. Edmunds, Suffolk IP33 3AR. Located in the IP33 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Commercial / Mixed-Use Investment. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended commercial / mixed-use investment strategy with adequate contingency.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆