2-bedroom flat · IP28 7FE
Listing removedListed 226 days · slow let
Opportunity summary
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About
*MODERN* two bedroom apartment is just five minutes from RAF Mildenhall benefiting from modern kitchen with some appliances, *OPEN PLAN* lounge with dining area, allocated parking and communal gardens.
(APM1294M) This ground floor two bedroom apartment is located in the town of Mildenhall just five minutes from RAF Mildenhall and ten minutes from RAF Lakenheath.
The property benefits from modern kitchen with a range of integrated appliances, spacious living areas including open plan lounge with dining area, two bedrooms, allocated parking and is within walking distance of the town centre.
Available: Late March. Pets: No. Heating: Gas central heating. Deposit: £1,440.00. Council Tax: Band - A - £1,535.08 (2025/26) year.
(Active duty military members are exempt) Agent Notes: Stock photos used. In more detail the property comprises of: COMMUNAL ENTRANCE HALL: Private mail box, ENTRANCE HALL: Walk in storage cupboard.
LOUNGE/DINING AREA: Window to rear KITCHEN: Range of wall and base units, integrated fridge-freezer and washer/dryer, sink, integrated single electric oven with four ring gas hob and extractor hood over.
BATHROOM: Bath with shower over, low level WC and handbasin. PRIMARY BEDROOM: Window to side, TV and tel. points. BEDROOM TWO: Window to rear.
OUTSIDE: Residents parking area to the front, leading to communal gardens with lawn area to the rear.
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.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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