Mill Street, Mildenhall, Bury St. Edmunds, Suffolk, IP28

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