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Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 1
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Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 3
Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 4
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Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 6
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Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 8
Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 9
Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 10
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Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 - Image 12
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Newnham Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28

East of England

£160,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
794 sqft

Description

This three-bedroom property in the sought-after town of Mildenhall, Suffolk, represents a significant opportunity for those looking to undertake a comprehensive renovation. Spanning approximately 73.8 sq. m (794 sq. ft) over two floors, this house is primed for transformation, offering ample space to create a modern living environment tailored to personal tastes or investment potential. The property includes both front and rear gardens, which not only enhance outdoor appeal but also allow for future landscaping or possible extensions, subject to obtaining planning permissions. Inside, the layout features a living room, kitchen, and entrance hall on the ground level, complemented by three bedrooms and a bathroom along with a separate WC upstairs. This property requires full modernization throughout, presenting an excellent blank canvas that could significantly increase its market value post-renovation. Situated in an area with strong local amenities and transport connections, including access to nearby RAF bases, this home offers convenience alongside its investment promise.

Investment Analysis

(IP28 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£202/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£249,181
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP28)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.3%
5 year growth: +4.4%
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

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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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