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Mulberry Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 1
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Mulberry Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28

East of England

£325,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1397 sqft

Description

This 3-bedroom detached bungalow located in a peaceful close of Mildenhall presents an excellent opportunity for renovation and investment. Set on a generous corner plot, the property boasts a detached double garage along with low-maintenance side and rear gardens that allow for easy outdoor upkeep. The entrance features a secure porch leading into the hallway. To the right is a spacious dual-aspect lounge diner that opens out to the garden, providing potential for modernizing the living space. The separate kitchen also offers garden access and could be integrated into the lounge diner to create an inviting open-plan layout, enhancing both functionality and flow. Each of the well-proportioned bedrooms is served by dedicated bathroom and WC facilities. With no onward chain, this property is ready for immediate viewing, making it a perfect candidate for those looking to put their personal stamp on a home.

Investment Analysis

(IP28 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£233/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£317
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£437,575
10% above area average per sq ft
Potential ROI
+19.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IP28)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.3%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on IP28 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mulberry Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,159
Based on a loan of £243,750 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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