2-bedroom house · IP28 7DL
Sold STCReduced £10k (−10%) on 20 MayListed 229 days
Opportunity summary
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About
SUMMARY A first floor apartment situated in a complex exclusively for over 55's located within walking distance to the town centre offering two bedrooms and a balcony over looking the River Lark - General updating required and offered to the market with no onward chain.
DESCRIPTION This first floor apartment is located in a cul-de-sac position within a complex specifically for the over 55's towards the edge of the town centre yet within walking distance.
Mildenhall offers a range of amenities and facilities including 'The Hub', doctors surgery and a selection of shops.
The property is well served with good road links with the A11 and A14 being located nearby. The accommodation in brief offers entrance hall, lounge/diner, kitchen, two bedrooms and a bathroom.
Outside the property has a private balcony over looking the River Lark and residents parking with visitor spaces. The property benefits from double glazing and electric heating.
Additionally the property is offered to the market with the benefit of no onward chain. Agents Note This property has an offer accepted subject to contract but is still currently available to view.
Entrance Hall With electric storage heater and stairs leading to apartment.
Landing With electric storage heater, two storage cupboards, double glazed window to side aspect and doors to: Lounge/Diner 16' 4" x 10' 6" ( 4.98m x 3.20m ) With electric storage heater, feature fireplace, sliding patio doors to balcony and opening to: Kitchen 11' 5" x 7' 5" ( 3.48m x 2.26m ) With a fitted range of base units and drawers with work surfaces over to two sides, matching wall units, inset one and a half bowl stainless steel sink with mixer tap over, built in eye level oven with separate hob and extractor over, fridge/freezer, space for washing machine and double glazed window to rear aspect.
Bedroom One 13' 1" x 9' 7" ( 3.99m x 2.92m ) With electric storage heater, built in double wardrobe and double glazed window to front aspect.
Bedroom Two 9' 6" x 7' 10" ( 2.90m x 2.39m ) With electric storage heater, storage cupboard and double glazed window to rear aspect.
Bathroom Fitted with a suite comprising panel enclosed Jacuzzi style bath with mixer tap over, separate shower enclosure, low level w.c, vanity wash hand basin with mixer tap over and storage beneath, towel radiator, electric wall heater and double glazed window to rear.
Outside There are communal gardens for residents to enjoy along with the personal balcony over looking the River Lark. There is residents parking and visitor parking available.
Agents Note The sale of this property will be subject to receipt of Letters of Administration from the Probate Office.
We ask that interested parties seek guidance as to the potential timeframes involved for this purchase with their conveyancer.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Ship Gardens, Mildenhall, Bury St. Edmunds
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