Sold STC Retirement Property

FLAT 25

EASTGATE HOUSE, 118, EASTGATE STREET, BURY ST EDMUNDS, SUFFOLK IP33 1YQ

1 beds 1 baths 474 sq ft Listed 11 Jul 2025 (-376d)

£80,000

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Front Sold STC Kitchen/Breakfast Room Shower Room Sitting Room Double Bedroom Kitchen/Breakfast Room Sitting Room Bedroom View from Sitting Room Gardens Gardens

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Property details

Tenure

LEASEHOLD (64 years remaining on lease)

Floor area

44 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1983-1990

Last sold

£78,000 Mar 2026

Price per m²

£1,818/m²

Local average

£868,686 (-90.8%)

Deprivation

Decile 5 (14,653 of 33,755)

Street crime

162 incidents within 1 mile (May 2026)

Key features

  • OVER 60'S DEVELOPMENT
  • GROUND FLOOR APARTMENT
  • ENTRANCE HALL, SHOWER ROOM
  • SITTING/DINING ROOM
  • KITCHEN, BEDROOM
  • COMMUNAL GROUNDS AND PARKING
  • ELECTRIC HEATING
  • LEASEHOLD

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Accessibility
Level access
Parking
Communal
Flooded in last 5 years
No
Flood defences
No

Description

A rare opportunity to purchase a one bedroom ground floor apartment in a small select retirement development for the over 60's within walking distance of the town centre and close to the stunning Abbey Gardens. The property has no onward chain and offers accommodation of Entrance Hall, Sitting/Dining Room, Kitchen/Breakfast Room, Bedroom and Shower Room. To the front of the property are communal gardens and seating areas. There is also a communal lounge open to the residents during the day as well as additional laundry facilities. There is a Site Manager available during the day and a pull cord system for out of hours. There is a communal car park.

Bury St Edmunds: - Bury St. Edmunds is one of Suffolk's most attractive market towns and it affords excellent educational, recreational and cultural amenities including the Abbey Gardens and its ruins, the Theatre Royal, Art Gallery and Cathedral Church of St. James together with extensive shopping facilities. The A14 trunk road gives fast access to Ipswich, the east coast, Cambridge, the Midlands, Stansted Airport and London via the M11 and there is also an indirect rail connection to London.

Local Authority & Council Tax Band: - West Suffolk District Council. Council Tax Band A

Tenure: - For sale LEASEHOLD with vacant possession upon completion.
Lease Length 99 years from 01.01.1989
Service Charges £272.61 pm
Ground Rent £60 per annum

Services: - Mains services are connected including water, electricity and drainage. Electric central heating

Listed by

Bury St Edmunds

Abbey Sales and Lettings

Reference: 164399492

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 09/12/2022

Expiry date: 08/12/2032

Est. upgrade cost to C: £2,010

Recommendations

  • Floor insulation (suspended floor) (£800 - £1,200)
  • Low energy lighting for all fixed outlets (£10)
  • High heat retention storage heaters (£800 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EE Rating

EE Rating

Price history

-21% since 2023

Event Date Price % change
Sold 09/03/2026 (4 months ago) £78,000 -21.2%
Sold 13/06/2023 (3 years ago) £99,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
COWPERS CLOSE COTTON LANE, BURY ST EDMUNDS, WEST SUFFOLK, SUFFOLK, IP33 1XP £1,750,000 08/05/2025 Other
BRUNEL BUSINESS COURT 7A EASTERN WAY, BURY ST EDMUNDS, WEST SUFFOLK, SUFFOLK, IP32 7AJ £50,000 29/11/2023 Other
BRUNEL BUSINESS COURT 10 EASTERN WAY, BURY ST EDMUNDS, WEST SUFFOLK, SUFFOLK, IP32 7AJ £205,000 25/11/2022 Other
34 EASTERN WAY, BURY ST EDMUNDS, WEST SUFFOLK, SUFFOLK, IP32 7AB £585,000 22/03/2022 Other
DAVERS COURT SHAKERS LANE, BURY ST EDMUNDS, WEST SUFFOLK, SUFFOLK, IP32 7BN £70,200,000 01/02/2022 Other
BRUNEL BUSINESS COURT 6 EASTERN WAY, BURY ST EDMUNDS, WEST SUFFOLK, SUFFOLK, IP32 7AJ £295,000 17/12/2021 Other

Area average: £12,180,833 (6 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -37.3%
10y growth -83.1%

House Price Index (HM Land Registry — official index, not sold-price averages): West Suffolk. Series: All dwelling types. As of April 2026.

1y (index) 4.3%
5y (index) 11.3%
10y (index) 32.9%

Rental Range

Estimated market rent for West Suffolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,059/mo
Realistic £1,177/mo
Optimistic £1,295/mo

Based on Local Authority from postcode lookup → West Suffolk.

LHA (30th percentile) floor for Bury St Edmunds: £628/mo (Apr 2025 – Mar 2026)

Location

Address

28 Eastgate Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop The Greyhound 0.0 miles
Shop Eastgate Stores 0.1 miles
Shop M. W. Waterson Piano Studio 0.2 miles
Hospital St Edmunds Hospital 0.6 miles
Train station Bury St Edmunds 0.6 miles
Hospital West Suffolk Hospital 1.4 miles
Train station Thurston 3.6 miles

Street-level crime

Category Count
Violence and sexual offences 69
Shoplifting 27
Other theft 14
Criminal damage and arson 12
Public order 10
Anti-social behaviour 8
Drugs 7
Vehicle crime 4
Burglary 3
Possession of weapons 3
Other crime 2
Bicycle theft 1
Robbery 1
Theft from the person 1
Total incidents 162

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Priory School Other 0.2 miles Outstanding — 1 Dec 2014
Learning Support, Western Area Education Office Other 0.5 miles (No rating)
Guildhall Feoffment Community Primary School Primary 0.5 miles Good — 8 Feb 2011
St Edmund's Catholic Primary School Primary 0.7 miles Good — 19 Apr 2012
Sebert Wood Community Primary School Primary 0.7 miles Good — 18 Dec 2023

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 1.47%
Max investor price (0.8%) £147,125
Target investor price (1%) £117,700
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).