2-bedroom flat · IP28 7FE
Listing removedListed 95 days · slow let
Opportunity summary
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About
Two bedroom *PENTHOUSE* apartment located in Mildenhall benefiting from high spec finish throughout, kitchen with integrated appliances, *OPEN PLAN* lounge/diner bathroom and en-suite to primary bedroom.
(APM915M) This two bedroom penthouse is located in Mildenhall just five minutes from RAF Mildenhall and ten minutes from RAF Lakenheath.
The property benefits from a modern high specification finish throughout, but at the same time retains the buildings authentic charm with original beams and other features.
The apartment also benefits from en-suite facilities to the primary bedroom, family bathroom, residents private parking, electric underfloor heating, and fully fitted kitchen with integrated appliances.
Available: Early August. Heating: Electric central heating. Deposit: £1,595.00. Council Tax: Band - D - £2,302.62 (2026/27) year.
(Active duty military members are exempt) Agent notes: Stock photos used. In more detail the accommodation comprises of:- COMMUNAL ENTRANCE HALL: Staircase and lift to first, second and third floors.
ENTRANCE HALL: Spiral staircase. Entry phone. Storage cupboard.
KITCHEN/LOUNGE/DINING ROOM: Range of wall and base units with integrated electric oven with hob and extractor hood over, fridge/freezer, washer/dryer and dishwasher, extractor hood, sink.
Original exposed features and beams. BEDROOM TWO: Original exposed features and beams. BATHROOM: Suite comprising of low level wc, hand basin and double shower cubicle.
PRIMARY BEDROOM: Original exposed features and beams. EN-SUITE BATHROOM: Suite comprising of low level wc, hand basin and bath with shower over.
OUTSIDE: Communal decking area at ground level suspended over the river, bicycle and bin stores, private allocated parking, courtyard access to the communal gardens for the whole development.
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 force base and its unique Roman Silverware collection known as the 'Mildenhall Treasure'.
Mildenhall offers a good range of shopping, education and leisure services together with many local places of historical interest.
Larger more diverse facilities can be found at the nearby towns of Bury St Edmunds, Thetford and Newmarket.
Mildenhall lies approximately two miles from the Fiveways interchange on the A11 which gives access to Thetford and Norwich to the north east and Newmarket and London to the south and south west.
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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