2 Bed Apartment For Sale

SHARED OWNERSHIP OVERVIEW Shared ownership is an affordable home-buying scheme that allows purchasers to buy a percentage of a property-typically between 25% and 100%-while paying rent on the remaining share.

Owners may have the opportunity to increase the share they own in the property through 'stair casing'. 

LOCATION The property is ideally located just outside the centre of the popular market town of Bury St Edmunds.

The town offers an excellent selection of shops, restaurants, cafés, and leisure facilities, including the popular Arc Shopping Centre, the historic Abbey Gardens, and the renowned Theatre Royal.

With excellent transport links, Bury St Edmunds provides easy access to the A14, connecting to Cambridge, Ipswich, and London via the M11. The town's train station offers regular services to surrounding areas, and direct links to London Liverpool St, making it ideal for commuters. 

INTERNAL HALLWAY The main building is accessed via an electronic fob, leading to a communal stairwell. The apartment is reached through a communal hallway, with entry via a secure composite door.

Inside, the property features a spacious internal hallway, which opens into the kitchen and living space, and provides access to the bedrooms and bathroom. The hallway also benefits from a large storage cupboard and an electronic intercom system. 

KITCHEN Modern kitchen featuring a range of wall-mounted and under-counter cabinets beneath square-edge wood-effect worktops. An inset stainless steel 1.5 sink with drainer and mixer tap. The kitchen includes an integrated electric oven and hob with an extractor fan over, as well as space and plumbing for a dishwasher or washing machine, along with space for a fridge-freezer. 

LIVING SPACE 19' 0" x 13' 5" (5.8m x 4.1m) Light and airy living space with uPVC door leading to balcony with views over Bury St Edmunds. Cupboard housing combination boiler. Loft hatch. 2x radiators. 

BEDROOM 1 11' 5" x 11' 1" (3.5m x 3.4m) Double bedroom with uPVC window to rear aspect, 1x radiator.  

BEDROOM 2 11' 1" x 9' 2" (3.4m x 2.8m) Second double bedroom with uPVC window to rear aspect, 1x radiator. 

BATHROOM 7' 2" x 6' 6" (2.2m x 2m) Modern three piece white suite comprising paneled bath with mains shower, tile surround and shower screen, low level WC and pedestal wash hand basin. Heated towel rail. 

EXTERNALLY Externally the property has one allocated parking space, and there is guest parking available.

There is a bike store, and communal bin store on the ground floor. 

SERVICES Mains services are connected including gas, water, electricity and drainage. Gas fired centeral heating.

Council tax band B - West Suffolk
EPC B 

LEASE INFORMATION 50% share available.
A new purchaser has the option to purchase up to 100% of the property.
Property value: £260,000
Monthly rent inclusive of service charge for 2025: £530.69
A lease of 125 years was granted on 10th June 2022