Cotton Lane, Bury St. Edmunds IP33 1 bed retirement property for sale

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Cotton Lane, Bury St. Edmunds IP33 1 bed retirement property for sale

Cotton Lane, Bury St. Edmunds
£170,000

Price History

Initial price £230,000
02/05/24 £220,000
20/07/24 £190,000
24/10/24 £180,000
07/03/25 £170,000
Price Change -26.09%

Description

This spacious one-bedroom apartment is located in a purpose-built retirement complex for the over 70's, offering 24-hour on-site staffing and a range of communal facilities, including a restaurant, lounge, and beautifully landscaped gardens. The apartment itself features a stylish modern kitchen, double bedroom, and large bathroom, with the added benefit of two storage cupboards in the entrance hall. The complex is situated just a short walk from the town centre, with easy access to local amenities, including shops, schools, and transport links. The property is available for sale on a leasehold basis, with a 125-year lease from 2014, and the current ground rent and service charge are £500 per annum and £778.84 per month, respectively.