2-bedroom flat · IP28 8FT
Listing removedListed 52 days · slow let
Opportunity summary
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About
This *TWO* bedroom apartment is just ten minutes from RAF Mildenhall and benefits from open plan kitchen/lounge/dining room, *EN-SUITE* to primary bedroom and off street parking.
(APM3322) This top floor two bedroom apartment is just ten minutes from RAF Mildenhall and 15 minutes from RAF Lakenheath.
The property benefits from en-suite facilities to primary bedroom, kitchen area with appliances, secure Entryphone system and allocated off street parking space. Available: Mid September.
Heating: Gas central heating. Deposit: £1,440.00. Council Tax : Band - B - £1,770.32 (2026/27) year.
(Active duty military members are exempt) In more detail the accommodation comprises of:- COMMUNAL ENTRANCE HALL: ENTRANCE HALL: Entry phone system, airing cupboard.
BEDROOM TWO: Double doors to Juliette balcony. BATHROOM: Suite comprising of low level WC, pedestal handbasin, bath with shower over and window to side. BEDROOM ONE: Window to side.
EN-SUITE: Suite comprising of low level WC, handbasin and shower cubicle.
KITCHEN: Range of wall and base units with sink, integrated oven and hob with extractor over, washing machine,dishwasher and fridge freezer. window to side, open to lounge/diner.
LOUNGE/DINER: Window to side, double doors to Juliette balcony and tv and tel points. OUTSIDE: Allocated parking space.
Red Lodge offers amenities and facilities including a post office, a modern doctor’s surgery, dentist, primary schools, a public house, and the ‘Millennium Centre’.
The village shopping centre has just been built and consists of a food takeaway, pharmacy, and a general store. The sports facilities offer changing rooms and football pitches etc.
More extensive amenities can be found in the close by market town of Mildenhall and the headquarters of British racing, Newmarket.
Mildenhall is approximately two miles from the A11 five ways roundabout which gives easy access to a greater variety of amenities found in Thetford (12 Miles) and Norwich to the Northeast and Newmarket (10 miles) and London to the South and Southwest.
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
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FAQ
About Thyme Close, Red Lodge, Bury St. Edmunds, Suffolk, IP28
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