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2 bed flat for sale Mermaid Close, Bury St Edmunds, IP32

Offers in excess of

£170,000

Added two days ago

Type: Flat
Bedrooms: 2
Tenure: Leasehold

Key features

Chain Free
New Kitchen & Bathroom
Fully Refurbished
Doors Leading to Gardens
Close To Town Centre
Allocated Parking
EPC C
Close To Train Station

About this property

Discover this beautifully refurbished two-bedroom ground floor apartment, finished to a modern standard and ready for its new owner to move straight in. The property has been refurbished throughout, featuring a brand-new modern kitchen and bathroom, new flooring and fresh redecoration. The living room benefits from patio doors opening onto outside space, creating an appealing feature for relaxing and enjoying the outdoors.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,568
Band B

£1,829
Band C

£2,090
Band D

£2,351
Band E

£2,874
Band F

£3,397
Band G

£3,919
Band H

£4,703

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In West Suffolk, 2026/27 bills run from £1,568 a year in band A to £4,703 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Suffolk, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Mermaid Close, Bury St Edmunds, IP32

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Mortgage and stamp duty

Property price £170,000

£85k £255k

Deposit10% £17,000

£0 £170k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £153,000 mortgage. Most lenders would want a household income of about £34,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
18, Mermaid Close Flat / maisonette	Flat / maisonette	Mar 2025	560 sq ft £316/sq ft	560 sq ft	£316	£177,000
28, Mermaid Close Flat / maisonette	Flat / maisonette	Nov 2024	506 sq ft £322/sq ft	506 sq ft	£322	£163,000
7, Mermaid Close Flat / maisonette	Flat / maisonette	Jun 2024	560 sq ft £288/sq ft	560 sq ft	£288	£161,000
26, Mermaid Close Flat / maisonette	Flat / maisonette	Mar 2024	549 sq ft £301/sq ft	549 sq ft	£301	£165,000
21, Mermaid Close Flat / maisonette	Flat / maisonette	Mar 2024	570 sq ft £263/sq ft	570 sq ft	£263	£150,000
7, Mermaid Close Flat / maisonette	Flat / maisonette	Mar 2022	560 sq ft £288/sq ft	560 sq ft	£288	£161,000
19, Mermaid Close Flat / maisonette	Flat / maisonette	Aug 2021	549 sq ft £306/sq ft	549 sq ft	£306	£168,000
10, Mermaid Close Flat / maisonette	Flat / maisonette	Jun 2021	570 sq ft £263/sq ft	570 sq ft	£263	£150,000