Kingfisher Way, Mildenhall, Bury St. Edmunds, Suffolk, IP28
Balmforth logo

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 %
from 257,594.00 £
Est sale value
366,752.00 £
Decreased by 2.48 %
from 376,096.00 £
Average area rental value
1,283.00 £/mo
Increased by 2.15 %
from 1,256.00 £/mo
Est letting value
1,168.00 £/mo
Unchanged by 0.00 %
from 1,168.00 £/mo
Est rental Yield
6.90 %
Increased by 17.95 %
from 5.85 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Balmforth created the listing.

Nearby Schools

NameTypeOfstedDistance
Lark Children'S CentreChildren's Centre0.25 KM
St Mary'S Church Of England AcademyAcademy ConverterGood0.67 KM
Great Heath AcademyAcademy Sponsor LedGood1.08 KM
Mildenhall College AcademyAcademy ConverterGood1.10 KM
On Track Education Centre (Mildenhall)Other Independent Special SchoolGood2.32 KM

Images

Picture No. 20 Picture No. 01 Picture No. 19 Picture No. 02 Picture No. 03 Picture No. 04 Picture No. 06 Picture No. 05 Picture No. 07 Picture No. 09 Picture No. 10 Picture No. 08 Picture No. 11 Picture No. 12

Nearby Streets

NameAverage PriceAverage SqftDistance
Osprey Close £ 000.00 KM
Fleming Avenue £ 230,00000.00 KM
Manor Road £ 000.00 KM
Old Bakery Lane £ 000.00 KM
Manor Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kennett7011KNE7.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kingfisher Way, Mildenhall, Bury St. Edmunds, Suffolk, IP28 £ 225,000BUYUnknown0.03 KM
Turnstone Close, Mildenhall £ 365,000BUY7 / 100.05 KM
Raven Close, Mildenhall £ 265,000BUY6 / 100.11 KM
Raven Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 £ 275,000BUY6 / 100.21 KM
Croft Place, Mildenhall, Bury St. Edmunds, Suffolk, IP28 £ 265,000BUYUnknown0.26 KM

Nearby Properties

AddressPriceDistance
8 Kingfisher Way £ 194,9950.04 KM
14 Kingfisher Way £ 214,0000.04 KM
19 Kingfisher Way £ 185,0000.04 KM
25 Kingfisher Way £ 280,0000.04 KM
31 Kingfisher Way £ 246,0000.04 KM