Balmforth
22-26 High Street,
Mildenhall
Suffolk
IP28 7EQ
Available on the open market for a wide range of buyers, including first time purchasers, as well as investors. The property is expected to achieve around £1,215pcm, offering an exceptional projected yield of 9.72%.
Refurbished, chain-free two-bedroom apartment situated within a small, exclusive development in the popular village of Beck Row. This property has been well-maintained and benefits from open plan living, modern kitchen and bathroom and allocated parking.
The property has been professionally managed and the apartment benefits from consistent demand driven by its proximity to RAF Mildenhall and RAF Lakenheath, making it particularly appealing for landlords seeking reliable rental income and minimal void periods.
An excellent addition to any property portfolio, offering immediate returns with scope for long-term capital growth in a high-demand rental location.
In more detail the accommodation comprises of
COMMUNAL HALL
Stairs leading to apartment door
LOUNGE AREA
Juliette balcony
KITCHEN AREA
Range of wall and base units, built-in oven and hob, fridge-freezer, washing machine, storage cupboard and window to rear
BATHROOM
Suite comprising of low level wc, hand basin, bath with shower over, window to side
BEDROOM ONE
Window to front
BEDROOM TWO
Window to front
OUTSIDE
To front: Allocated parking space.
To rear: Private enclosed garden area mainly laid to lawn bound by contemporary slatted fencing.
Tenure: Leasehold - with approx 996 remaining (Share of freehold included)
Heating: Electric central heating
Parking: Allocated residents parking
Windows/doors: UPVC double glazing
Service charge: Approximately £754.44 per 6-months
Ground rent: £1 per annum
AGENTS NOTES:
1. Further background information and data as required under the “Material Information” are available in the brochure QR code or https://sprift.com/dashboard/custom-ipr-report/?access_report_id=3954802
2. We would expect this property to achieve £1,215pcm
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