Summary - Myrtle Lane, Red Lodge IP28 8RW
3 bed 2 bath Detached
Move-in-ready three-bed with garden and buy-up option for first-time owners.
Three bedroom detached house with enclosed rear garden and small front landscaping
Open-plan ground floor with integrated kitchen appliances and patio doors
Main bedroom with en-suite; two further good-sized bedrooms upstairs
EPC B (82) and gas central heating; energy-efficient and economical to run
Shared ownership at 45% share; option to buy 100% at full value £315,000
Rent on unsold 55% £463.20/month; service charge £44.16/month
Leasehold with 121 years remaining — affects mortgage/ownership flexibility
Tandem off-street parking accessed from the side road
This modern three-bedroom detached home on Myrtle Lane offers an accessible route onto the property ladder through shared ownership. The ground floor is open-plan, with a fitted kitchen, living and dining areas that open onto a low-maintenance enclosed garden—ideal for relaxed family life and easy entertaining.
Upstairs provides a principal bedroom with en-suite plus two further well-proportioned bedrooms and a family bathroom. The property is well-presented, gas centrally heated and energy-efficient (EPC B, score 82), making it economical to run and comfortable year-round.
Offered as a 45% shared ownership share with the option to buy 100% (full market value £315,000), the purchase includes a 121-year lease and modest monthly charges: rent on the unsold 55% is £463.20 and a service charge of £44.16. These costs and the leasehold/shared ownership structure are important considerations for long-term plans.
For first-time buyers seeking a move-in-ready home in a very low-crime, affluent small-town location, this property combines contemporary living with practical running costs. Buyers who want total autonomy should note the leasehold arrangement and factor the ongoing rent and charges into affordability calculations.
2 bedroom semi-detached house for sale in Myrtle Lane, Red Lodge, Bury St. Edmunds, IP28 — £87,500 • 2 bed • 2 bath • 510 ft²
3 bedroom semi-detached house for sale in Cottonwood Road, Red Lodge, Bury St Edmunds, IP28 — £130,000 • 3 bed • 1 bath • 1014 ft²
2 bedroom semi-detached house for sale in Cottonwood Road, Red Lodge, Bury St Edmunds, IP28 — £68,750 • 2 bed • 1 bath • 867 ft²
3 bedroom semi-detached house for sale in Larchwood Road, Red Lodge, Bury St. Edmunds, IP28 — £154,000 • 3 bed • 1 bath • 891 ft²
2 bedroom apartment for sale in Thyme Close, Red Lodge, IP28 — £132,005 • 2 bed • 2 bath • 635 ft²
3 bedroom semi-detached house for sale in Larchwood Road, Red Lodge, Bury St Edmunds, IP28 — £154,000 • 3 bed • 2 bath • 819 ft²
