3-bedroom flat · IP28 7FE
For saleListed 189 days
Opportunity summary
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About
This second floor three bedroom apartment is offered to the market with no onward chain.
The property benefits from Mildenhall Town Centre location, open plan lounge area, modern kitchen with some appliances and off street parking.
This property is ideal for First Time Buyers and Investors.
This modern apartment is located on the popular 'Mill Park Gardens' development in the centre of Mildenhall and is within walking distance of local amenities.
The property benefits from open plan living area, fully fitted kitchen with integrated appliances and allocated off street parking.
In more detail the accommodation comprises of: ENTRANCE HALL: KITCHEN/LOUNGE/DINER: Kitchen area: range of wall and base units with sink, electric oven and gas hob with extractor hood over, integrated fridge-freezer, washer dryer and dishwasher.
Lounge area: TV and Tel points. PRIMARY BEDROOM: TV point. BEDROOM TWO: BEDROOM THREE: FAMILY BATHROOM: White suite comprising of low level wc. pedestal hand basin and bath with shower over.
OUTSIDE: Allocated parking and communal gardens. Tenure: Leasehold.
Lease of 125 years with 106 years remaining Heating: Gas central heating to radiators Parking: Allocated parking Windows/doors: UPVC double glazing Service charge: TBC Ground rent: TBC AGENTS NOTE 1.
Stock photos used 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.
Returns
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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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