# 2 bedroom apartment for rent (IP33 1TB)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 17, THE LANTERN, TAYFEN ROAD, BURY ST EDMUNDS, SUFFOLK IP33 1TB |
| Price | £1,800 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Floor area | 81 m² |
| Last sold | £320,000 Feb 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 07/09/2031
- **Current heating cost:** £141/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0584-3002-6301-1499-6200)

## Description

**** **** Tennens Properties are pleased to market this stunning brand new apartment located in The Lantern Development. The apartment benefits from two bedrooms, two bathrooms and allocated number plate recognition parking space. Centralised underfloor gas-fired heating and hot water system.

EPC Rating: B 

Council Tax Band: C

TV points to all principal rooms

BT points to all principal rooms

Fibre-enabled

USB charger points to principal rooms

Security video entry system

Lift 

**HALLWAY** **** With wood flooring. Doors leading to:-  

**OPEN** **PLAN** **KITCHEN/LIVING** **ROOM** **** With modern gloss kitchen with Quartz worktops and upstands. Breakfast bar. Integrated Bosch oven, hob and microwave. Integrated dishwasher and fridge/freezer. Wood effect flooring. 

Lounge area. 

**MASTER** **BEDROOM** **** Carpeted. Patio doors to Balcony.  

**EN-SUITE** **** With basin and double sized glass shower cubicle. Shower has a Thermostatically controlled shower. Fully tiled walls and floors. Electric mirror cabinets. Downlighters.  

**BEDROOM** **TWO** **** Carpeted. Window to front.  

**BATHROOM** **** With basin and double sized glass shower cubicle. Shower has a Thermostatically controlled shower. Fully tiled walls and floors. Electric mirror cabinets. Downlghters.  

**EXTERIOR** **** Powder-coated aluminium triple-glazed windows.Multi-locking front and patio doors. Outside lighting to terrace. Extensive landscaped private communal garden.  Under cover parking space with number plate recognition.  

## Property Photos

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- ![Photo](/listings/photos/128360063/247080)

## EPC Graphs

- ![EPC 1](/listings/photos/128360063/247081) - EPC 1

## Rental Range

*ONS Price Index of Private Rents (West Suffolk). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,058/mo
- **Realistic:** £1,176/mo
- **Optimistic:** £1,294/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bury St Edmunds (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed End Terrace, Haselmere Close, IP32 | £1,100/mo | 2 | 1.01 miles | OpenRent |

**Average rent: £1,100/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 733.3%
- **Monthly cashflow:** £958/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2202.1%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £22/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)