2-bedroom bungalow · IP28 7LL
Sold STCReduced £10k (−4%) on 20 MayListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a highly sought-after and peaceful residential area on the edge of Mildenhall, this beautifully presented two-bedroom semi-detached bungalow offers an ideal opportunity for those seeking a stylish, low-maintenance home, perfectly suited for retirement or downsizing.
The property occupies a desirable position close to open forestry land, providing scenic walks right on your doorstep, while still benefiting from easy access to the town centre, local amenities and excellent transport links via the A11.
The accommodation is well laid out and presented to a high standard throughout. The entrance hall provides access to all rooms, along with useful storage and loft access.
A particular highlight of the home is the spacious living room, now featuring a newly installed log burner, creating a cosy and characterful focal point—perfect for relaxing evenings.
This replaces the former electric fire, adding both charm and efficiency.
The kitchen is well fitted with a range of attractive shaker-style units, offering generous worktop space and tiled splashbacks.
Integrated appliances include an electric oven and gas hob with extractor hood, alongside space and plumbing for additional appliances.
A modern gas-fired boiler serves the heating and hot water system. There are two well-proportioned bedrooms, with the main bedroom benefiting from a full range of fitted wardrobes.
The second bedroom opens via French doors into a bright and versatile conservatory, providing additional living or dining space with direct access to the garden.
The bathroom has been tastefully updated with a modern white suite, including a bath with mains-fed shower over, vanity unit, concealed cistern WC, stylish tiling and a heated towel rail.
Central Heating system was newly installed last July, new boiler (10yr warranty) and all new Radiators throughout.
Value & comps
No previous sales on record.
Returns
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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 Mulberry Close, Mildenhall, Bury St. Edmunds
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