Summary - 64, Mill Park Gardens, Mildenhall, BURY ST. EDMUNDS IP28 7FE
2 bed 1 bath Apartment
Chain-free investment near Mildenhall and USAF bases with strong rental yield potential.
Allocated off-street parking space included
Communal gardens—low maintenance outdoor space
Open-plan kitchen/lounge/diner with integrated appliances
Gas central heating and UPVC double glazing
Chain free; 110 years remaining on lease
Service charge approx £136/month (£1,632/year)
Buy-to-let investors only; strong USAF rental demand
Higher local crime levels reported—consider tenant screening
This first-floor, two-bedroom apartment in Mill Park Gardens is presented specifically for buy-to-let investors, offered chain free with 110 years remaining on the lease. The property sits on a modern development close to Mildenhall town centre and within ten minutes of both USAF bases, supporting reliable rental demand from service personnel.
Accommodation comprises an open-plan kitchen/living/dining room with integrated appliances, two rear-facing bedrooms and a bathroom. The building benefits from gas central heating, UPVC double glazing and an allocated off-street parking space. Communal gardens add low-maintenance outdoor space for tenants.
Projected income figures have been calculated using a probable rent of £1,125 pcm to military tenants, giving a gross yield around 7.5% at the asking price. Service charge is approximately £136 per month (c. £1,632/year); ground rent details to be confirmed. Leasehold tenure and annual service costs should be factored into running yield and cashflow calculations.
Notable cautions: the property is in an area with higher-than-average crime levels and the wider locality classifications indicate mixed socio-economic indicators. The apartment is the right fit for investors targeting military or local rental markets; owner-occupier purchase is not available per the sale instruction.
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