8 Myrtle Lane, Red Lodge, Bury St. Edmunds, Suffolk, IP28 8RW

Myrtle Lane, Bury Saint Edmunds IP28 8RW, Bury Saint Edmunds, IP28 8RW

Semi-detached house 3 3
Availability
For sale
Share
40%
Share value
£104,000
Minimum deposit
£5,200

Full market value

£260,000

Key Features

  • 40% shared ownership
  • 100% ownership also available
  • Three-bedroom home
  • Two bathrooms including en-suite
  • Ground floor WC
  • Private two-car driveway
  • Popular Red Lodge location near Bury St Edmunds

Overview

Situated in the popular village of Red Lodge, near Bury St Edmunds, this well-presented three-bedroom home offers spacious and versatile accommodation, making it an excellent choice for families, first-time buyers, or those looking for additional space.

The property features a bright and welcoming living area, a well-appointed kitchen and dining space, and three well-proportioned bedrooms. The principal bedroom benefits from an en-suite, while a family bathroom and ground floor WC provide excellent practicality for modern family living.

Externally, the property benefits from a private two-car driveway, providing valuable off-road parking for residents and visitors.

Available from a 40% share with 100% ownership also available, buyers have the flexibility to purchase the full property from the outset or start with a 40% share and increase their ownership over time, subject to the scheme terms.

Monthly costs based on the 40% share include rent of £512.27 and a service charge of £51.05.

Located in the popular Red Lodge community, the property offers convenient access to local amenities, schools, green spaces and transport links, with Bury St Edmunds, Newmarket and Cambridge all within reach.

A fantastic opportunity to secure a spacious three-bedroom family home with private parking and the flexibility to own 100%-early viewing is highly recommended.

Property Features

  • Parking: Driveway

Scheme

Shared Ownership

Tenure

Leasehold

Remaining lease

120 years

EPC

83

View floorplan

Pricing and Availability

Type Bedrooms Full Market Value Share % Share price Monthly Rent Monthly Service Charge Availability
Semi-detached house 3 £260,000 40% £104,000 £512 £51 For sale

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