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See how verdicts work2-bedroom flat · IP28 7EP
Listing removedListed 220 days
Opportunity summary
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About
This CHAIN FREE, first-floor APARTMENT offers GENEROUS LIVING SPACE and TWO BEDROOMS, ideally positioned in the heart of Mildenhall with AMENITIES ON YOUR DOORSTEP.
The property is perfectly suited to FIRST-TIME BUYERS, INVESTORS, or those seeking a conveniently located home. Further benefits include a SHARE OF FREEHOLD and OFF-STREET PARKING.
Upon entering, you are welcomed by a spacious and open entrance hall, providing ample room for coats and shoes.
The living room is a real highlight, offering a bright and expansive space with windows to dual aspects, a feature gas fireplace, and three-panel folding doors opening into the dining area.
The dining room continues the sense of space and natural light, also enjoying dual aspect windows, making it ideal for both entertaining and everyday living.
The kitchen is fitted with a range of shaker-style wall and base units, worktops with an inset sink, and space and plumbing for a freestanding cooker, fridge/freezer, washing machine, and tumble dryer.
Further along the hallway are two well-proportioned bedrooms, with the principal bedroom being particularly spacious.
The bathroom is fitted with a modern white suite comprising a bath with shower over, pedestal basin, and WC. An airing cupboard houses the combi boiler and provides additional storage.
Overall, this is a spacious and well-presented apartment in a prime town centre location, offering comfortable living with excellent convenience and strong long-term appeal.
HALLWAY With space for coats and shoes.
Leading to: LIVING ROOM Gas fireplace with surround, windows to dual aspects, three-panel folding doors opening to: DINING ROOM Windows to dual aspect KITCHEN A range of shaker style wall and base units, worktop with inset sink, space for a freestanding cooker, fridge/freezer, washing machine and tumble dryer, window to the rear aspect BEDROOM ONE Double bedroom with window to the rear aspect BEDROOM TWO Double bedroom with window to the rear aspect BATHROOM White suite comprising of bath with shower above, pedestal basin, WC, airing cupboard with combi boiler and storage space, window to the rear aspect OUTSIDE Communal entrance door with stairs leading up to the first floor Tenure: Leasehold (with benefit of Share of Freehold) Term: 114 years remaining Service charge: £92.15per month Reserve/sinking fund: £50per month (contact office for details) Ground rent: £0 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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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
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FAQ
About Milden Lodge, Queensway, Mildenhall, Bury St. Edmunds, IP28
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