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

Offers in excess of
£180,000
Martin & Co logo

Added on 03/10/2026

Type
Flat
Bedrooms
2
Size
£324 per sq ft
Tenure
Leasehold
87 years left(from the agent's description)
Service charge £1,400 a year(from the agent's description)Ground rent £100 a year(from the agent's description) Council tax Band B £1,829 a year

* From the agent's description. Check it with them before you rely on it.

Key features

  • Chain Free
  • 2 Bedrooms
  • French Doors To Garden
  • Recently Decorated Throughout
  • Close To Town & Station
  • Parking Space
  • EPC D
  • Excellent Access Onto A14

About this property

Chain free, freshly decorated and ready for its next owner! This modern two-bedroom ground-floor apartment puts the train station and town centre close at hand.

Recently decorated throughout, it offers a fresh interior and the ease of ground-floor living. A parking space adds everyday convenience, with good access to the A14 for journeys further afield.

Floorplan

Council tax

Band B £1,829 a year
Per year
  • Band A
    £1,568
  • Band B
    This home: £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

This home is in band B, which costs £1,829 a year in West Suffolk for 2026/27.

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. Check a home's band on GOV.UK.

Price guide

This home
£324 / sq ft
Area average (sold)
£324 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£324 per sq ft, below the middle of recent sales in IP32 (£230–£403, 10th–90th percentile, 572 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 572 homes sold in IP32 over the last 24 months. This home's figure uses its asking price.

Location

Mermaid Close, Bury St Edmunds, IP32

Mortgage and stamp duty

Property price £180,000
£90k £270k
Deposit10% £18,000
£0 £180k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £162,000 mortgage. Most lenders would want a household income of about £36,000 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.

AddressSoldSizePrice
18, Mermaid Close Flat / maisonetteMar 2025560 sq ft £316/sq ft£177,000
28, Mermaid Close Flat / maisonetteNov 2024506 sq ft £322/sq ft£163,000
7, Mermaid Close Flat / maisonetteJun 2024560 sq ft £288/sq ft£161,000
26, Mermaid Close Flat / maisonetteMar 2024549 sq ft £301/sq ft£165,000
21, Mermaid Close Flat / maisonetteMar 2024570 sq ft £263/sq ft£150,000
7, Mermaid Close Flat / maisonetteMar 2022560 sq ft £288/sq ft£161,000
19, Mermaid Close Flat / maisonetteAug 2021549 sq ft £306/sq ft£168,000
10, Mermaid Close Flat / maisonetteJun 2021570 sq ft £263/sq ft£150,000

All sales on Mermaid Close →

Area insights

The neighbourhood around this property.

Marketed by
Martin & Co, Bury St Edmunds
Crescent House, 28 Angel Hill, Bury St. Edmunds, Suffolk
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