Dilapidated town house 38 Fornham Road, in Bury St Edmunds, fails to sell at auction
Published: 15:10, 04 November 2023
A dilapidated Suffolk town house has failed to sell after going under auction this week with a guide price of nearly £200,000.
The property, 38 Fornham Road in Bury St Edmunds, went under the hammer on Wednesday, November 1, with a guide price of £170,000 to £190,000.
The bidding on the day started at £170,000 and reached £187,000 before the auctioneers called it off, despite describing it as a ‘peach of an opportunity with packs of potential.’
The property will now be reassessed and bidders were invited by Auction House East Anglia to get into contact with them for any further interest or arrangements.
It has three bedrooms and a large back garden, which is currently overloaded with waste and will need refurbishing, as will the rest of the property.
Located just down the road from the town’s train station, as well as being a stone’s throw from the A14, the dwelling has great transport links.
It is also near high schools County Upper and St Benedicts.
Other amenities surrounding the property include a Tesco Superstore, The Linden Tree, The Beerhouse and Bury St Edmunds Bus Station.
The house is in council tax band B.
It is on the end of a terraced row.