Kingfisher Way, Mildenhall, Bury St. Edmunds, Suffolk, IP28
By Balmforth
£ 280,000
Reviews
3 out of 5 stars
Balmforth says ..
Offered to the market as BUY TO LET only with a tenant in place on a fixed lease until June 2025 paying £1,440.00pcm giving a gross rental yield of 6.9%.
Property Oracle says ..
This four-bedroom terraced house in Mildenhall, Suffolk, is presented as a buy-to-let opportunity with a tenant already in place. The property’s location within Kingfisher Way places it within reasonable proximity to several amenities, including schools with good Ofsted ratings and a rail link to Kennett. The property itself appears to be in good condition, though the kitchen is slightly dated. The house benefits from a modest rear garden that is well-fenced. The asking price of £280,000 is within the range of nearby similar properties, although precise comparative data is limited by a lack of consistent square footage in nearby sales. The lack of precise square footage data and some less-than high end features does mean the price, while reasonable, may be slightly above average for the area. Overall, the property represents a potentially sound investment opportunity given its location, condition, and rental income potential, especially for a buy-to-let investor. However, potential buyers should independently verify the details and conduct their own thorough assessment before making a purchase 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
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,168.00
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
- 366,752.00 £Decreased by 2.48 %
- Average area rental value
- 1,283.00 £/moIncreased by 2.15 %
- Est letting value
- 1,168.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.90 %Increased by 17.95 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Balmforth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lark Children'S Centre | Children's Centre | 0.25 KM | |
| St Mary'S Church Of England Academy | Academy Converter | Good | 0.67 KM |
| Great Heath Academy | Academy Sponsor Led | Good | 1.08 KM |
| Mildenhall College Academy | Academy Converter | Good | 1.10 KM |
| On Track Education Centre (Mildenhall) | Other Independent Special School | Good | 2.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Osprey Close | £ 0 | 0 | 0.00 KM |
| Fleming Avenue | £ 230,000 | 0 | 0.00 KM |
| Manor Road | £ 0 | 0 | 0.00 KM |
| Old Bakery Lane | £ 0 | 0 | 0.00 KM |
| Manor Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kennett | 7011 | KNE | 7.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Kingfisher Way, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 225,000 | BUY | Unknown | 0.03 KM |
| Turnstone Close, Mildenhall | £ 365,000 | BUY | 7 / 10 | 0.05 KM |
| Raven Close, Mildenhall | £ 265,000 | BUY | 6 / 10 | 0.11 KM |
| Raven Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 275,000 | BUY | 6 / 10 | 0.21 KM |
| Croft Place, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 265,000 | BUY | Unknown | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Kingfisher Way | £ 194,995 | 0.04 KM |
| 14 Kingfisher Way | £ 214,000 | 0.04 KM |
| 19 Kingfisher Way | £ 185,000 | 0.04 KM |
| 25 Kingfisher Way | £ 280,000 | 0.04 KM |
| 31 Kingfisher Way | £ 246,000 | 0.04 KM |