49 Maltings Way, Bury St Edmunds
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49 Maltings Way, Bury St Edmunds

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We have confidence in this estimated current valuation Updated recently
£230,750
Or £1,500 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Mar 9, 2017
£177,500

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 49 Maltings Way, Bury St Edmunds, a cozy and compact flat type home with 2 bed in the IP32 6EY area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.

This modern and well-kept property was built 2003-2006 and has a reported internal area of 63 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £230,750 and a rental potential of £1,500 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Mar 9, 2017. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" A superb investment opportunity boasting annual rental yields of 5.3%! Located within walking distance to both town centre and train station, 49 Maltings Way enjoys superb presentation throughout.

Offering modern accommodation with open plan living space stretching over 21ft long, recently refitted bathroom suite, fitted wardrobes to bedrooms, gas fired central heating and allocated parking.

Bury St Edmunds benefits from a wide range of amenities to include; shops, restaurants, cafes and public houses as well as excellent travel links to London and Cambridge.

The accommodation comprises; Communal Hallway Telephone entry system controlled door with trades button entrance. Meter cupboard housing electric meters. Carpeted flooring and carpeted stairs leading to second floor and entrance to apartment. Entrance Hall With inset coir welcome mat, carpeted flooring, coat and boot cupboard, wall mounted telephone entry system control, radiator and shelved airing cupboard housing radiator. Kitchen/Living/Diner 6.45m x 4.19m

(21'2 x 13'9) Kitchen Area:
Well equipped kitchen with good range of shaker style eye and base level units underneath timber block work surfaces. Inset 1.5 bowl stainless steel sink, mosaic tile splashbacks, four burner gas hob, electric oven, stainless steel extractor hood, space for fridge/freezer, space and plumbing for washing machine, wall mounted gas fired boiler, digital heating control, vinyl flooring and window to side aspect.

Living/Diner Area:
Carpeted flooring, phone point, TV and Sky point, radiator and window to side aspect. Space for living room furniture and dining table. Master Bedroom 4.50m x 4.06m max (14'9 x 13'4 max) Double bedroom with fitted wardrobe, carpeted flooring, TV point, radiator and window to side aspect with roller blind. Bedroom Two 3.07m x 2.95m

(10'1 x 9'8) Double bedroom with fitted wardrobe, carpeted flooring, TV point, radiator and window to side aspect with Venetian blind. Bathroom With paneled bath, mixer shower and shower screen over, w.c., pedestal wash basin and extractor fan. Tiled effect vinyl flooring, plumbed heated towel rail, part tiled walls and spot lighting. Communal Garden Mainly laid to lawn with pergola centre feature over paved pathway leading to other apartment blocks within the development. Well stocked borders laid to shingle with mature shrubs. Allocated parking for one car and additional unallocated parking available on road. Disclaimer (BUR) These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase. Leasehold (BUR) Ground rent and service charges may apply to this property. Yield Details (BUR) This would make an ideal Investment property, our colleagues in the lettings office have indicated a rental value of ?775pcm, dependent on market conditions. This would give an approximate gross yield of 5.3% "

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,050 Try Mortgage Tracker
Energy £370 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Priory School
0.5mi
Bury St Edmunds County Upper School
0.8mi
Tollgate Primary School
0.8mi
St Benedict's Catholic School
0.8mi
Moreton Hall School
0.9mi
Nearby Stations
Bury St Edmunds Station
0.3mi
Thurston Station
3.8mi
Elmswell Station
8.2mi
Kennett Station
9.8mi
Thetford Station
11.5mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 49 Maltings Way, Bury St Edmunds worth?

    49 Maltings Way, Bury St Edmunds is now worth £230,750 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 49 Maltings Way, Bury St Edmunds - click click here to get a valuation with no strings attached.

  2. What is the rental value of 49 Maltings Way, Bury St Edmunds?

    The current rental valuation for this property is £1,500 per month, within a price range of £1,350 and £1,650.

  3. How many bedrooms does 49 Maltings Way, Bury St Edmunds have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 49 Maltings Way, Bury St Edmunds?

    Nearby schools in include Priory School, Bury St Edmunds County Upper School, Tollgate Primary School, St Benedict's Catholic School, Moreton Hall School

    Nearby stations in include Bury St Edmunds Station, Thurston Station, Elmswell Station, Kennett Station, Thetford Station.

  5. What type of property is 49 Maltings Way, Bury St Edmunds

    This is a Flat property. There are 61 other Flat properties on MALTINGS WAY, and 62 in total.

  6. When was 49 Maltings Way, Bury St Edmunds built? How old is 49 Maltings Way, Bury St Edmunds?

    49 Maltings Way, Bury St Edmunds was was built between 2003-2006.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Ipswich, Suffolk Bury St. Edmunds, Suffolk