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£1,200,00010 bedroom detached house for sale
Out Risbygate, Bury St. Edmunds
Chain-free
Detached house
10 beds
5 baths
EPC rating: C
Key information
Features and description
- Chain free
- Unique Investment Opportunity
- Cartlodge off road parking
- Town Location
- Potential Yield circa 6.3% minimum
- Gardens
- Period Features
An excellent investment opportunity to purchase this impressive red brick detached period property, in a fantastic location with easy access to the town centre and amenities. This freehold property was built in 1903 and has been professionally converted into five individual apartments, offering fantastic rental yields of circa 6.3% (minimum).
Each dwelling has a covered parking space within an attractive detached cart lodge, along with low maintenance landscaped communal garden offering outside space for residents. The property has been well maintained with various improvements over the years by the current owner, the extensive cellars which are currently used for storage also have the potential to be converted into a further 3 bed apartment (planning permission dependent). The property also benefits from double glazing, gas fired central heating and is offered CHAIN FREE.
Apartment 1: Ground floor one bed apartment (approx 700sqft) with accommodation comprising of an impressive entrance hall with original mosaic tiled flooring, open plan kitchen/living/dining room with well appointed kitchen and a bay window. The double bedroom offers a light and airy accommodation with a bay window. The modern bathroom has a P shaped bath with shower over and glass screen, a wash basin, a low level WC and large storage cupboard,.
Rent: £1,200pcm (rolling periodic)
EPC: D
Apartment 2: Ground floor two bed apartment (approx 727sqft) with accommodation comprising of an entrance hall with original mosaic tiled flooring, modern kitchen with plenty of storage, sitting room and two double bedrooms with a bay window in one of the bedrooms. The modern bathroom has a P shaped bath with shower over and a glass screen, a vanity wash basin with storage under and a low level WC.
Rent: £1,190pcm (Fixed term to 9 March 2026)
EPC: D
Apartment 3: First floor two bed apartment (approx 816sqft) with accommodation comprising of an entrance hall with two large storage cupboards, sitting room, newly fitted kitchen and two double bedrooms with a bay window in one of the bedrooms. The updated shower room has a walk in shower with a glass screen, a vanity wash basin with storage under and a low level WC.
Rent: £1385pcm (Fixed to 28th August 2026)
EPC: C
Apartment 4: First floor two bed apartment (approx 589sqft) with accommodation comprising of an entrance hall with storage cupboard, sitting room, well appointed kitchen and two double bedrooms. Light and airy accommodation with a bay window featuring in the sitting room, kitchen and one of the bedrooms. The updated shower room has a walk in shower with a glass screen, a vanity wash basin with storage under and a low level WC.
Rent: £1,300pcm (rolling periodic)
EPC: C
Apartment 5: Second floor three bed apartment (approx 934sqft) with accommodation comprising of an entrance hall, sitting room, well appointed kitchen and three good sized bedrooms. The updated shower room has a walk in shower with a glass sliding door, a vanity wash basin with storage under and a low level WC. Accessible eaves storage in three rooms and the shower room.
Rent: £1,300pcm (rolling periodic)
EPC: D
Location: - The property is perfectly situated in a quiet area only 5-10 minutes walk from the historic town centre. It is close to well-regarded schools and sports facilities, and uniquely independent shops (as well as well known high street stores, and including a Waitrose supermarket just a short walk away), and the beautiful parks, cinemas, theatres and restaurants for which the town is famously known as the 'jewel in the crown of Suffolk'.
The building is close to everything that gives Bury its distinct reputation for bringing together the best of old and new, with its rich history and its broad range of venues for dining, shopping and relaxing. These include an impressive fresh produce market every Wednesday and Saturday. The town is renowned for its beautiful Cathedral and for the leafy and floral Abbey Gardens with its impressive medieval ruins, all just a short stroll down from the colourful boutiques and cafe culture of the town centre.
Services - Mains electricity, gas, drainage and water. Heating - Gas
Council Tax: West Suffolk
Broadband speed: Up to 1800 mbps available (Source Ofcom)
Mobile phone signal for: EE, Three, Vodafone and O2 (Source Ofcom)
Please note: The property is sold freehold and the sale includes the freehold of leaseholds; the apartments within have 125y lease from 1st Sept 2009 with 109 years remaining.
Each dwelling has a covered parking space within an attractive detached cart lodge, along with low maintenance landscaped communal garden offering outside space for residents. The property has been well maintained with various improvements over the years by the current owner, the extensive cellars which are currently used for storage also have the potential to be converted into a further 3 bed apartment (planning permission dependent). The property also benefits from double glazing, gas fired central heating and is offered CHAIN FREE.
Apartment 1: Ground floor one bed apartment (approx 700sqft) with accommodation comprising of an impressive entrance hall with original mosaic tiled flooring, open plan kitchen/living/dining room with well appointed kitchen and a bay window. The double bedroom offers a light and airy accommodation with a bay window. The modern bathroom has a P shaped bath with shower over and glass screen, a wash basin, a low level WC and large storage cupboard,.
Rent: £1,200pcm (rolling periodic)
EPC: D
Apartment 2: Ground floor two bed apartment (approx 727sqft) with accommodation comprising of an entrance hall with original mosaic tiled flooring, modern kitchen with plenty of storage, sitting room and two double bedrooms with a bay window in one of the bedrooms. The modern bathroom has a P shaped bath with shower over and a glass screen, a vanity wash basin with storage under and a low level WC.
Rent: £1,190pcm (Fixed term to 9 March 2026)
EPC: D
Apartment 3: First floor two bed apartment (approx 816sqft) with accommodation comprising of an entrance hall with two large storage cupboards, sitting room, newly fitted kitchen and two double bedrooms with a bay window in one of the bedrooms. The updated shower room has a walk in shower with a glass screen, a vanity wash basin with storage under and a low level WC.
Rent: £1385pcm (Fixed to 28th August 2026)
EPC: C
Apartment 4: First floor two bed apartment (approx 589sqft) with accommodation comprising of an entrance hall with storage cupboard, sitting room, well appointed kitchen and two double bedrooms. Light and airy accommodation with a bay window featuring in the sitting room, kitchen and one of the bedrooms. The updated shower room has a walk in shower with a glass screen, a vanity wash basin with storage under and a low level WC.
Rent: £1,300pcm (rolling periodic)
EPC: C
Apartment 5: Second floor three bed apartment (approx 934sqft) with accommodation comprising of an entrance hall, sitting room, well appointed kitchen and three good sized bedrooms. The updated shower room has a walk in shower with a glass sliding door, a vanity wash basin with storage under and a low level WC. Accessible eaves storage in three rooms and the shower room.
Rent: £1,300pcm (rolling periodic)
EPC: D
Location: - The property is perfectly situated in a quiet area only 5-10 minutes walk from the historic town centre. It is close to well-regarded schools and sports facilities, and uniquely independent shops (as well as well known high street stores, and including a Waitrose supermarket just a short walk away), and the beautiful parks, cinemas, theatres and restaurants for which the town is famously known as the 'jewel in the crown of Suffolk'.
The building is close to everything that gives Bury its distinct reputation for bringing together the best of old and new, with its rich history and its broad range of venues for dining, shopping and relaxing. These include an impressive fresh produce market every Wednesday and Saturday. The town is renowned for its beautiful Cathedral and for the leafy and floral Abbey Gardens with its impressive medieval ruins, all just a short stroll down from the colourful boutiques and cafe culture of the town centre.
Services - Mains electricity, gas, drainage and water. Heating - Gas
Council Tax: West Suffolk
Broadband speed: Up to 1800 mbps available (Source Ofcom)
Mobile phone signal for: EE, Three, Vodafone and O2 (Source Ofcom)
Please note: The property is sold freehold and the sale includes the freehold of leaseholds; the apartments within have 125y lease from 1st Sept 2009 with 109 years remaining.
Property information from this agent
About this agent
Sheridans have been promoting the finest town and country properties to the widest audience since 2002. We offer free market valuations and are specialists in the sale of Period & Individual properties in both Bury St Edmunds, Long Melford and the surrounding county of Suffolk, ranging from larger country houses to small period cottages and town houses. We have a highly professional sales team offering a quality service and are members of the National Association of Estate Agents. We provide extensive marketing on the Internet and across our Suffolk branches, including Bury St Edmunds and Long Melford, with coverage in London via the Knightsbridge office. We aim to simply offer sound advice to ensure customers receive the best price for their property, whatever the market conditions and prospective buyers receive a helpful service. Our unique approach to selling individual and period homes successfully combines good old fashioned service with the latest technology available, including high quality colour brochures with detailed floorplans and a regularly updated website. Our services include: All aspects of residential sales New homes projects Local & National advertising Formal & Probate valuations Market appraisals Period & Listed homes specialists Town centre offices Friendly sales team with a wealth of local knowledge By selecting Sheridans to assist you with buying or selling your home, you are assured of one of the leading and most successful independent estate agents in Suffolk and we are here to help and advise you through the complete selling and buying process.