Freehold Residential Development Opportunity

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Savills hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Savills' record

About the lot

Freehold land lot in Bury St Edminds. Offered vacant, so there's no income from day one.

Residential Development Opportunity Extending to Approximately 2.61 Acres Including a Consented 26-Unit Scheme and Adjoining Allocated Development Land. Freehold Residential Development Opportunity. Established residential location within a popular Suffolk market town. Planning permission for 26 dwellings. Additional 1.21 acres lies within a residential allocation. Total site area of approximately 2.61 acres (1.05 hectares). Consent granted November 2024. Vacant. A freehold residential development opportunity extending to approximately 2.61 acres (1.05 hectares), comprising a consented residential development site together with adjoining allocated development land. Tenancy: Vacant. Tenure: Freehold under multiple HM Land Registry titles including SK287891, SK255834, SK261294, SK255877 and SK274769. The site is situated within the popular Suffolk market town of Bury St Edmunds, approximately 0.6 miles west of the town centre. The property fronts Kings Road and occupies a predominantly residential location surrounded by established housing. Bury St Edmunds benefits from excellent regional connectivity with the A14 providing access to Cambridge and the A11/M11 motorway network. The town centre offers a comprehensive range of retail, leisure and employment amenities.