The portfolio
TENURE
Freehold
NO OF UNITS
7
TENANCY STATUS
Vacant
FURNISHED
No
TOTAL SQ FT
7,094
PRICE SQ FT
£333
The vendor is open to selling individual units, please get in touch if you are interested.
Portfolio information
- A new-build development completed in May 2022
- 10-year warranty provided for all homes
- Vesta has access to 9 of the 15 units
- The portfolio comprises:
- 3 x 3-bed freehold terrace houses
- 4 x 2-bed duplex leasehold apartments
- All units have private outdoor space
- Each property comes with allocated parking
- The properties are fitted to a high standard, with specs such as:
- Open-plan kitchen
- Built-in kitchen appliances
- Electric underfloor heating in living areas
- Wifi-controlled electric radiators in bedrooms
- FTTP ultra-fast internet connection
- SkyQ connection to the communal dish
- BT phone socket in the living area
- The communal areas comprise:
- Secure and private gated estate
- Landscaped courtyard with seating and water feature
- Access and use of surrounding estate gardens and lawns
- Secure bike storage
- Bin store
- EPC ratings D
- Council tax bands D, E & F
Leasehold information
- Length of lease: 999 years
- Year lease started: upon sale
- Years left on lease: 999 years (from 2023)
- Ground rent: n/a
- Ground rent review period: n/a
- Service charge: £7,806.79
- Service charge review period: tbc
Rental income
- The properties are sold with vacant possession
- Once let they are expected to achieve:
- Monthly rental income: £14,650
- Annual rental income: £175,800
Location information
- The properties are located in Herringswell, which is around 13 miles from Bury St Edmunds
- Kennett railway station can be reached in under 10 minutes by car
- Easy access to the A11 and A14
Available upon request
- Portfolio breakdown
- EPCs for all units
- Full floorplan
Note
Please note that Vesta has not visited this property and that the vendor has provided all material.
The floorplans and photos are examples of apartments within the development. Layout and sizes may vary.
Need more information?
REQUEST PORTFOLIO DETAILS
Floorplans
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
About Bury St Edmunds, Suffolk
Bury St Edmunds is a historic market and cathedral town in Suffolk, East of England. It lies around 27 miles north-west of Ipswich, 29 miles east of Cambridge, 32 miles north of Colchester and 45 miles south-west of Norwich.
The town is well connected via the road network with both the A14 and A143 going through Bury. Bury St Edmunds’ railway station is on the Ipswich-Ely line and is operated by Greater Anglia. There are regular services between Peterborough and Ipswich as well as Cambridge and Ipswich. A planned future railway line, East West Rail, will connect Oxford with Ipswich stopping at Bury.
With a history spanning over 1,000 years Bury has many historic landmarks such as St Mary’s Church, The Abbey, St Edmundsbury Cathedral, West Stow Country Park and Anglo-Saxon Village and Ickworth a National Trust property, to name a few.
Culture and the arts are also very popular in Bury with a visit to the Theatre Royal a must-do. Built in 1819 it is the last surviving Regency theatre in the country. The Apex Gallery is the only public art gallery in Bury and holds a variety of exhibitions throughout the year. Moyse’s Hall Museum houses a collection of fine arts and is one of the oldest domestic buildings open to the public in the region.
Bury offers plenty of choice for all shoppers’ needs with a mix of high street favourites as well as many great independent boutiques. As a foodie town Bury has everything from award-winning fine dining to quality home-cooked pub food. There are also two markets held each week, on Wednesday and Saturday offering everything from local produce, food stalls to clothes, pottery and plants.
Education in Bury is provided by a number of primary and secondary schools. West Suffolk College is the largest further education provider with over 10,000 students each year whilst the University of Suffolk at West Suffolk College provides foundation and undergraduate degrees.
Bury is also known for its Greene King brewery which was founded in 1799 and a British Sugar factory which produces Silver Spoon sugar. Both companies are big local employers. Tourism naturally plays a big part in the local economy and is worth more than £53.6 million, providing over 1,000 jobs.
The Mews, The Manor,
Bury Saint Edmunds,
Suffolk,
England,
IP28 6FA
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