Mill Street, Mildenhall, Bury St. Edmunds, Suffolk, IP28
1 bed | 1 bath | 1 reception | £95,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Mildenhall Town Centre location
- Quick links to A11
- Short distance from local amenities & The Hub
- Allocated parking
- Fibre broadband available
- Lease with 102 years remaining
- UPVC double glazing
- Close by riverside walks
- Leasehold
- No onward chain
Material Information
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£0.0
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
ASK AGENT
Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£0.0
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
102
An excellent opportunity for first-time buyers and investors alike, this well-presented one-bedroom top floor apartment is ideally situated in the heart of Mildenhall, within easy walking distance of local shops, amenities, and picturesque riverside walks.
Offered to the market chain free with vacant possession available from October, the property provides a ready-to-move-into home or a straightforward addition to an investment portfolio. The accommodation comprises a bright and comfortable living space, fitted kitchen, double bedroom, and bathroom, with the added benefit of electric heating throughout.
Externally, the property benefits from an allocated parking space to the rear for one vehicle.
For investors, the apartment is expected to achieve a rental income of approximately £700 per calendar month, representing an attractive gross yield of around 8.84%.
This centrally located apartment offers convenience, affordability, and strong investment potential, making it suitable for a wide range of purchasers.
In more detail the accommodation comprises of:
KITCHEN: 6'10" x 7'3" (2.08m x 2.21m)
Range of wall and base units, oven, hob, washing machine, under counter fridge, sink
BEDROOM/LOUNGE: 9'10" x 13'1" (3m x 3.99m)
Wardrobe, desk, single pull out bed, TV and telephone point, window to front.
BATHROOM: 6'9" x 5'1" (2.06m x 1.55m)
Low level WC, pedestal hand basin, shower enclosure.
OUTSIDE:
Rear: Allocated off street parking.
Tenure: Leasehold. Lease of 125 with 102 years remaining
Service Charge: Approx. £100pcm
Parking: Allocated to rear
Heating: Electric heating
Construction Type: Brick & tile
Windows/doors: UPVC Double glazing
Council Tax: Band A - £1,535.08 (2026/2027)
Drainage: Mains
AGENTS NOTE:
1. Internal stock photos used
Read more
