Summary -
15 Ording House,Gosnold Street,BURY ST. EDMUNDS,IP33 3FH
IP33 3FH
1 bed 1 bath Apartment
Ready-let modern flat with parking permit and long lease for an income-focused buyer.
Town-centre location by Arc shopping complex
A compact one-bedroom apartment in the centre of Bury St Edmunds, arranged as an open-plan kitchen/living/dining room with a Juliet balcony overlooking the Arc shopping area. The layout is efficient and suits single occupants or couples; the kitchen includes built-in appliances and the bedroom has a fitted cupboard.
The property is offered with a tenant in situ, making it immediately income-producing for a buy-to-let purchaser. Practical details include electric wall heating, a tied permit for one car in the Arc Development car parks and off-street parking provision. The long lease (approximately 136 years remaining) offers clear tenure security.
Costs to factor: a service charge of about £1,278 per year and a ground rent of £200 per year. Heating is electric only, which can be more expensive than gas, and the property is in an area with a very high recorded crime level—important for both owner-occupiers and landlords to consider when setting rents or security measures.
Overall, this is a convenient, low-maintenance central apartment that suits investors seeking immediate rental income or owners wanting town-centre proximity. The flat’s modest size and electric heating limit appeal for some buyers, but the long lease and ready occupancy are strong practical benefits.
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