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See how verdicts work2-bedroom flat · IP28 7FE
For saleListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now on the OPEN MARKET. CHAIN FREE TWO bedroom first floor apartment on the highly regarded Mill Park Gardens development, featuring gas central heating and allocated parking.
This great apartment is located on what continues to be one of the most popular developments in Mildenhall.
The property would also appeal to investors and would generated a return of around 7.5%, if let to USAF military personnel for £1,125 per calendar month.
This first floor apartment includes a modern fitted kitchen with a range of integrated appliances and a fashionable open plan lounge/kitchen/diner.
In more detail the accommodation comprises of: OPEN PORCH Leading to communal hall COMMUNAL ENTRANCE HALL ENTRANCE HALL Internal doors to all rooms.
KITCHEN/LIVING ROOM/DINING Range of all and base units with range of integrated appliances.
BEDROOM ONE Window to rear BEDROOM TWO Window to rear BATHROOM Suite comprising of Low level wc., pedestal hand basin, bath. OUTSIDE Allocated parking and communal gardens.
Tenure: Leasehold (110 years remaining) Heating: Gas central heating Parking: Allocated parking space Windows/doors: UPVC double glazing Service charge: £136.00 per month Ground Rent: TBC AGENT NOTES: 1.
Stock photos used 2.
Further background information and data as required under the “Material Information” are available in the brochure QR code or The Market town of Mildenhall is rich in its history and culture and has been an established settlement since the Stone Age.
Today Mildenhall is known nationally for the nearby USAF air base and its unique Roman Silverware Collection which is known as "Mildenhall Treasure".
Centred around an historical market place offering a good range of shopping, education and leisure services together with many local places of historical interest.
Approximately two miles from the A11 five ways roundabout which gives access to Thetford (12 Miles) and Norwich to the North East and Newmarket (10 miles) and London to the South and Southwest.
Other towns within travelling distance are Brandon to the North West and Bury St Edmunds to the south east via the A1101.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Mill Park Gardens, Mildenhall, Bury St. Edmunds, Suffolk, IP28
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