2 bedroom apartment for sale

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2 bedroom apartment for sale

Station Hill, Bury St. Edmunds
£275,000

Price History

Initial price £300,000
24/04/24 £295,000
05/06/24 £290,000
20/06/24 £275,000
Price Change -8.33%

Description

This high-spec, first-floor apartment in Tamlyn House, Bury St Edmunds, is an excellent investment opportunity. The property boasts a contemporary open-plan living space with a kitchen area, French doors opening onto a balcony, and two double bedrooms, including an en-suite. The apartment is conveniently located near the train station, town center, and excellent schools, shopping, and recreational facilities. With a tenant already in place, the current rental income is £1440 per month, and the property offers a 125-year lease with 120 years remaining. The service charge is £451.22 per year, and the ground rent is £350 per annum. Viewing is highly recommended to appreciate the property's modern features and excellent location.