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 The interior décor is outdated and requires updating to reflect current tastes.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 %
- Est sale value
- 188,400.00 £Decreased by 2.48 %
- Average area rental value
- 1,283.00 £/moIncreased by 2.15 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.90 %Increased by 17.95 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Church Of England Academy | Academy Converter | Good | 0.52 KM |
| Great Heath Academy | Academy Sponsor Led | Good | 0.72 KM |
| Lark Children'S Centre | Children's Centre | 1.05 KM | |
| On Track Education Centre (Mildenhall) | Other Independent Special School | Good | 1.25 KM |
| Mildenhall College Academy | Academy Converter | Good | 2.09 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wentworth Drive | £ 280,000 | 0 | 0.00 KM |
| Darwin Close | £ 0 | 0 | 0.00 KM |
| Manor Road | £ 0 | 0 | 0.00 KM |
| Fleming Avenue | £ 230,000 | 0 | 0.00 KM |
| Manor Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kennett | 7011 | KNE | 8.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Folly Road, Mildenhall, IP28 7BY | £ 575,000 | BUY | 7 / 10 | 0.00 KM |
| Fincham Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 350,000 | BUY | 6 / 10 | 0.04 KM |
| Folly Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 270,000 | BUY | Unknown | 0.07 KM |
| Fincham Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 285,000 | BUY | 7 / 10 | 0.10 KM |
| Junction Road, Mildenhall, Bury St. Edmunds | £ 300,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 51 Folly Road | £ 175,000 | 0.00 KM |
| 32 Folly Road | £ 93,000 | 0.00 KM |
| 26 Folly Road | £ 135,000 | 0.00 KM |
| 23a Folly Road | £ 175,000 | 0.00 KM |
| 49 Folly Road | £ 190,000 | 0.00 KM |