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See how verdicts work2-bedroom terraced house · IP28 7DP
Sold STCListed 116 days
Opportunity summary
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About
IDEALLY POSITIONED just a short walk from MILDENHALL TOWN CENTRE, this charming CHAIN FREE END-OF-TERRACE COTTAGE in NEED OF GENERAL MODERNISATION enjoys a sought-after position opposite the Riverside Hotel.
Offering PLENTY OF CHARACTER, PRIVATE OFF-STREET PARKING, a GENEROUS REAR GARDEN and excellent potential to make your own.
The property also benefits from a MODERN GAS BOILER, while outside the attractive rear garden is complemented by a BRICK-BUILT SHED with power and convenient side access.
This would be an ideal purchase for FIRST TIME BUYERS, downsizers or investors alike.
On the ground floor, the entrance hall leads into a cosy living room with boarded fireplace with brick surround and an understairs cupboard with plumbing for a washing machine.
This opens through to the kitchen/diner with fitted cabinetry and access to the rear garden.
Upstairs are two well-proportioned bedrooms, including a generous principal bedroom with built-in wardrobe, together with the family bathroom Combining a peaceful setting with excellent access to the town's shops, amenities and riverside walks, this delightful cottage offers plenty of potential in a highly convenient location.
In more detail the accommodation comprises of: ENTRANCE HALL Stairs rising to the first floor, door leading to: LIVING ROOM Feature boarded fireplace with brick surround, useful storage cupboard with plumbing and space for a washing machine, window to the front aspect KITCHEN A range of wall and base units with recessed spotlights, worktop with inset sink, built-in oven, electric hob with cooker hood above, integrated under-counter fridge, dual aspect windows and door opening to the rear garden LANDING Access to the loft, doors leading to: BEDROOM ONE Double bedroom with a built-in wardrobe and window to the front aspect BEDROOM TWO Window to the rear aspect BATHROOM White suite comprising a bath with shower above, wall-mounted basin, WC, airing cupboard with storage space, and window to the rear aspect OUTSIDE Established shrubbery to the front with private parking.
Side access leads to a brick-built shed with power before opening into the charming rear garden, which is predominantly laid to lawn with established planting.
There is a seldom-used right of way allowing neighbouring properties access to their rear gardens.
Tenure: Freehold Construction Type: Brick & tile Heating: Gas central heating to radiators Windows/doors: Timber frame (some single, some double glazed) Council Tax: Band A - £1,535.08 (2026/2027) Drainage: Mains Parking: Driveway to front for one vehicle.
AGENTS NOTE: The two adjoining properties have a right of way via rear of property; side access shared. (Contact office for details).
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 marketplace 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 Northeast and Newmarket (10 miles) and London to the South and Southwest.
Other towns within travelling distance are Brandon to the Northeast and Bury St Edmunds to the southeast via the A1101.
Mildenhall also enjoys its modern ‘hub’ facilities with swimming pool, library and medical facilities.
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 Street, Mildenhall, Bury St. Edmunds, Suffolk, IP28
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