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Aspal Hall Road, Beck Row, Bury St. Edmunds, Suffolk, IP28

PROPERTY TYPE

Bungalow

BEDROOMS

2

BATHROOMS

1

SIZE

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

Freehold

Key features

  • Portfolio of 7 properties
  • Two bedroom
  • Detached bungalows
  • Recently undergone comprehensive refurbishment
  • Electric heating to all properties
  • 7% yield (for the portfolio)
  • Short drive from USAF Mildenhall and Lakenheath
  • Close to local amenities

Description

This group of seven low density detached bungalows form part of a larger portfolio of between 60 and 70 properties all located centrally on private roads in Beck Row. The majority of the properties are let to serving USAF personnel located at either the adjacent USAF Mildenhall or USAF Lakenheath.

In recent years all the properties have undergone a comprehensive refurbishment to include new wiring , electric heating systems new Windows kitchens bathrooms and flooring.

Other the parts of the portfolio are also available in larger units, please contact the office for details.

All seven properties are of the same size and layout extending to 68 m sq. or 731 sq. ft, they are two-bedroom properties with gardens to front and rear and off street parking.

All seven units a rental income between £1,150 pcm and £1,215 pcm and produces a yield of over 7% for the group. With exceptionally high occupancy levels, The properties are always in demand for single servicemen/women whose allowance is currently £1,215 pcm. The two USAF air bases have around 20,000 personnel and dependants producing strong local demand properties such as this.

For the majority of the lettings which are to USAF military members, the tenancy terms are favourable with extremely reliable rental payments and tenancy behaviour.

The properties are located around one mile from USAF Mildenhall and four miles from USAF Lakenheath. USAF military personnel are encouraged to live close to the bases it is not only their place of employment but the majority of the services and facilities they require are located on base.

Properties are currently under the full managed service by Balmforth Estate Agents with our office adjacent to RAF (USAF) Lakenheath gate and we can supply details for these services and costs.

Although the rental demand is currently dominated by the USAF market the vibrant centre of Bury St Edmunds (16 miles), Newmarket (14 Miles) and Cambridge (25 miles) heavily influences the local housing market and economy.

Agent notes:
1. The EPC, Floorplan and photographs are of 10 Aspal Hall Road.

Beck Row offers a range of shops and services for everyday needs, primary school. A greater variety of amenities can be found near by in the large town of Bury St. Edmunds which is less than 12 miles away and in the nearby Market town of Mildenhall, which is rich in history and culture. Today Mildenhall is known nationally for the nearby USAF air base and its unique Roman Silverware Collection which is known as "Mildenhall Treasure". Mildenhall offers a good range of shopping, education and leisure services. Mildenhall is approximately two miles from the A11 five ways roundabout which gives easy access to Thetford (12 Miles) and Norwich to the North East and Newmarket (10 miles) and London to the South and Southwest.

Brochures

Particulars
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Aspal Hall Road, Beck Row, Bury St. Edmunds, Suffolk, IP28

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About Balmforth, Mildenhall

22-26 High Street, Mildenhall, IP28 7EQ
Industry affiliations:

Welcome to Balmforth Estate Agents, let us introduce ourselves. We are a family run estate agency proudly occupying a town centre location in Mildenhall, Suffolk. At the heart of our business is our local, friendly staff who have many years of experience and knowledge in residential sales and lettings.

Sales

Our sales department offers a fully comprehensive sales service on a no sale, no fee basis fully comprehensive of professional photography (including drone), 3D virtual tours and floorplans. The Mildenhall office is open 7 days a week with out of hours appointments available on request.

Within our comprehensive sales service we also offer Rightmove Premium, and Featured displays, On The Market ‘spotlight’ listings, full sales particulars, social media marketing and office window displays.

Sell your property with us and we will guarantee a personal service with viewing feedback and updates via SMS feedback service.

Contact us today on 01638 711171 to book a FREE no obligation valuation or email mildenhall@balmforth.co.uk .

Sales Summary

*No Sale, No Fee

*Free no obligation valuations

*Open 7 Days a week

*Professional photography

*Virtual tours,

*3D Matterport tours

*Drone photography (where suitable)

*Social Media Marketing

*Rightmove, On The Market and multi-site web listings

*Town Centre office with window displays

*Floorplans and Full Sales Particulars

*Vendor support and digital portal

We look forward to hearing from you.

Affordability

Monthly repayments£6,981
Property: £ 1,392,125
Deposit: £ 139,213
Interest rate: 5.33%
Term: 30 years
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Notes

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Disclaimer - Property reference FBM260275. 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.

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