Folly Road, Mildenhall, Bury St. Edmunds
WI

Folly Road, Mildenhall, Bury St. Edmunds

By William H. Brown

£ 265,000

Reviews

3 out of 5 stars

William H. Brown says ..

CHAIN FREE DEVELOPMENT OPPORTUNITY! This one bedroom detached bungalow is located within a popular residential area of Mildenhall and provides a generous living space, large master bedroom, and is situated on a substantial plot providing great scope for further development (subject to planning).

Property Oracle says ..

This one-bedroom detached bungalow on Folly Road, Mildenhall, offers a unique proposition for buyers. Located in a residential area, it benefits from relative proximity to schools and transportation links. The most striking feature is the extensive land included, far exceeding what one might typically find with a property of this type. The photos indicate that the property is structurally sound but in need of some modernisation. The interior décor is outdated and requires updating to reflect current tastes. The sizeable garden is currently overgrown but offers substantial potential for landscaping and further development, a feature that significantly increases the overall value proposition of the property. The kitchen is functional but again appears dated. The existing outbuildings may also provide additional space or utility. The price point should be considered relative to the development potential of the land, suggesting a good value if this potential is realized. Buyers should factor in potential costs associated with renovation and modernisation, and also investigate potential planning permissions for development before making a final decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
8
Bedrooms
1
Bathrooms
1
Sqft (est)
600.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
223,188.00 £
Decreased by 13.36 %
from 257,594.00 £
Est sale value
188,400.00 £
Decreased by 2.48 %
from 193,200.00 £
Average area rental value
1,283.00 £/mo
Increased by 2.15 %
from 1,256.00 £/mo
Est letting value
600.00 £/mo
Unchanged by 0.00 %
from 600.00 £/mo
Est rental Yield
6.90 %
Increased by 17.95 %
from 5.85 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Church Of England AcademyAcademy ConverterGood0.52 KM
Great Heath AcademyAcademy Sponsor LedGood0.72 KM
Lark Children'S CentreChildren's Centre1.05 KM
On Track Education Centre (Mildenhall)Other Independent Special SchoolGood1.25 KM
Mildenhall College AcademyAcademy ConverterGood2.09 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wentworth Drive £ 280,00000.00 KM
Darwin Close £ 000.00 KM
Manor Road £ 000.00 KM
Fleming Avenue £ 230,00000.00 KM
Manor Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kennett7011KNE8.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Folly Road, Mildenhall, IP28 7BY £ 575,000BUY7 / 100.00 KM
Fincham Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 £ 350,000BUY6 / 100.04 KM
Folly Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 £ 270,000BUYUnknown0.07 KM
Fincham Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 £ 285,000BUY7 / 100.10 KM
Junction Road, Mildenhall, Bury St. Edmunds £ 300,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
51 Folly Road £ 175,0000.00 KM
32 Folly Road £ 93,0000.00 KM
26 Folly Road £ 135,0000.00 KM
23a Folly Road £ 175,0000.00 KM
49 Folly Road £ 190,0000.00 KM