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Mill Park Gardens, Mildenhall, Bury St. Edmunds, Suffolk, IP28

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • BUY TO LET ONLY
  • Tenants in situ
  • 6.3% rental yield
  • £1220pcm achieved
  • Two bedroom apartment
  • Some original features
  • Modern bathroom
  • Integrated appliances in kitchen
  • Open plan living accommodation
  • Walking distance to Mildenhall Town Centre

Description

BUY TO LET ONLY with tenants in situ on a fixed lease until July 2024 paying £1220pcm giving a gross rental yield of 6.3%. This beautiful two bedroom apartment is situated within walking distance of Mildenhall Town Centre.

The former mill building was part of a complete refurbishment and renovation in 2009. The property hosts a range of original features, including charming exposed beams and brickwork and additionally benefits from modern bathroom, luxury kitchen with integrated appliances and open plan living areas.

In more detail the accommodation comprises of:-
ENTRANCE HALL:
Entry phone system.

OPEN PLAN LOUNGE/KITCHEN/DINER:
Range of wall and base units with integrated oven and hob with extractor over, dishwasher, washer/dryer and fridge/freezer. Exposed brick wall.

BEDROOM ONE:
Feature beams and window to rear.

BEDROOM TWO:
Window to rear.

BATHROOM:
Suite comprising of low level wc, pedestal hand basin, bath with shower over and heated towel rail.

OUTSIDE:
Communal decking area. Allocated parking space.

Tenure: Leasehold - 108 years remaining
Construction type: Brick and tile
Restriction and rights: Conservation Area: Mildenhall
Heating: Electric underfloor heating
Parking: Allocated parking
Windows/doors: Single glazing
Council Tax: Band C - £1,867.67 annual amount (2023/2024)
EPC: B 83
Service charge: Approximately £2385 per annum
Ground rent: £100 per annum
Water supply: Meter
Drainage: Mains
Flood risk: Zone 1 - Low Risk
EV charging point: No
Electric supply: Standard metered account
Broadband: Superfast 80 mbps download speed
Mobile network: Vodaphone, EE, O2, Three

AGENTS NOTES:
1) Broadband speed and mobile phone networks as stated in Ofcom mobile and broadband checker The speeds indicated on the checker are the fastest estimated speeds predicted by the network operator(s) providing services in this area. Actual service availability at a property or speeds received may be different.

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 market place 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 North East and Newmarket (10 miles) and London to the South and Southwest. Other towns within travelling distance are Brandon to the North West and Bury St Edmunds to the south east via the A1101.

Brochures

Particulars

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Mill Park Gardens, Mildenhall, Bury St. Edmunds, Suffolk, IP28

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kennett Station4.5 miles
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About the agent

Balmforth, Mildenhall

22-26 High Street, Mildenhall, IP28 7EQ

Balmforth, Mildenhall
BALMFORTH   NO SALE - NO FEE!    FREE VALUATIONS! 
WHY CHOOSE BALMFORTH?....

    • NO HIDDEN EXTRAS, 

      NO SALE - NO FEE!

  • Our sales and marketing packages are very comprehensive. With 3d virtual tours, drone photography, floorplans, our Mildenhall office opening 7 days a week, Rightmove Premium Display & Featured Properties, full A3 colour property p

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference FBM240173. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Balmforth, Mildenhall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

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