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
Family bathroom, en-suite and ground floor WC
Private two-car driveway
Popular Red Lodge location near Bury St Edmunds
Access to green spaces

Red Lodge has all the day-to-day basics covered, with a local shop, pharmacy, pub, and a few takeaways right in the village. It's an easy place to raise a family, thanks to two local primary schools, plenty of parks, and a Sports Pavilion for tennis and football. For fresh air, you've got the Red Lodge Heath nature reserve and the Icknield Way cycle trail close by.

Commuting is straightforward with the A11 just down the road, making the drive to Newmarket (5.5 miles), Bury St Edmunds (12.5 miles), or Cambridge (19 miles) simple. You can easily grab a train into Cambridge or London from nearby Kennett or Newmarket.

Overview

Situated in the popular village of Red Lodge, near Bury St Edmunds, this modern three-bedroom, three-bathroom home offers spacious and versatile accommodation. It's perfect for busy families and those who love to host, making it an excellent choice for families, first-time buyers, or those looking for additional space.

On the ground floor, there is a bright, welcoming living area, a well-appointed kitchen and dining space, as well as a WC. Upstairs are three well-proportioned bedrooms, making it perfect for families. The primary bedroom even has an en-suite.

This house benefits from a private two-car driveway, providing valuable off-road parking for residents and visitors.

You can purchase anywhere from a 40% share to 100% ownership. Buyers even have the flexibility to 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.