1-bedroom flat · IP28 7FE
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom second floor apartment benefits from modern living throughout, including modern fitted kitchen with some appliances and off street parking.
This modern one bedroom second floor apartment is just five minutes from RAF Mildenhall and just ten minutes from RAF Lakenheath.
The property benefits from modern facilities throughout including fitted kitchen with some appliances, fitted bathroom, double bedroom with storage and off street parking.
In more detail the property comprises of:- ENTRANCE HALL: Internal doors to all rooms and entry phone system.
KITCHEN/LOUNGE/DINER: Kitchen area; Range of wall and base units, sink, electric oven with hob and extractor hood over, integrated washer/dryer, dishwasher and fridge-freezer. Windows.
Lounge area; window to front, TV + Tel points. BEDROOM: Built in double wardrobe with shelves and hanging rails. Window.
BATHROOM: White suite comprising of low level wc, pedestal hand basin and bath with shower over. OUTSIDE: One allocated parking space and communal gardens mainly laid to lawn. Tenure: Freehold.
Heating: Gas central heating. Parking: Off street parking. Windows/doors: UPVC double glazing.
Service Charge: £1,698.04 per annum Ground Rent: £100 per annum Lease Years: 125 years from 1 January 2007 Material Information, please click the following link: AGENT'S NOTE: Stock photos used.
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 Mill Park Gardens, Mildenhall, Bury St. Edmunds, Suffolk, IP28
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