St Johns Close, Bury St Edmunds
By Shires Residential
£ 200,000
Reviews
2 out of 5 stars
Shires Residential says ..
INVESTMENT OPPORTUNITY FOR HMO LANDLORDS ONLY. This house of multiple occupation with all licences in place has now come to the market. There are 5 renting rooms and communal areas. The 5 renting rooms bring in an annual rent of around £26,100 and a yield of around 13%. Call 01638 712...
Property Oracle says ..
This five-bedroom property located on St Johns Close in Mildenhall, West Suffolk, is currently listed at £200,000. The listing description highlights its potential as an HMO (House of Multiple Occupation), indicating it may be better suited for investors than owner-occupiers. The provided images show a property that is generally clean and well-presented, but certain aspects suggest a need for some level of refurbishment or modernisation to enhance its overall appeal. The kitchen and bathrooms are relatively basic, and some interior finishing touches could significantly improve the property’s overall look and feel. The exterior is fairly standard for properties in this area; however, the lack of significant landscaping or extensive garden space is worth noting. The area benefits from relatively easy access to primary and secondary schools, all achieving at least a ‘Good’ Ofsted rating. Mildenhall itself provides a range of amenities, although the property’s specific proximity to shops and community facilities would require further investigation. Transport links appear to be adequate with the Kennett train station within a reasonable distance. Overall, the property presents an interesting investment opportunity for those seeking an HMO in a reasonably convenient location. However, potential buyers should factor in potential refurbishment costs before making a final decision. The lack of square footage information for the property significantly hinders a precise comparison against other properties in the area. More detailed local comparable data is also needed for a fully informed valuation.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 2
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 %
- Average area rental value
- 1,283.00 £/moIncreased by 2.15 %
- Est rental Yield
- 6.90 %Increased by 17.95 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Shires Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Great Heath Academy | Academy Sponsor Led | Good | 0.76 KM |
| St Mary'S Church Of England Academy | Academy Converter | Good | 0.99 KM |
| Mildenhall College Academy | Academy Converter | Good | 1.17 KM |
| Lark Children'S Centre | Children's Centre | 1.35 KM | |
| On Track Education Centre (Mildenhall) | Other Independent Special School | Good | 2.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Juniper Close | £ 0 | 0 | 0.00 KM |
| Thetford Road | £ 332,500 | 0 | 0.00 KM |
| Osprey Close | £ 0 | 0 | 0.00 KM |
| Darwin Close | £ 0 | 0 | 0.00 KM |
| Fleming Avenue | £ 230,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kennett | 7011 | KNE | 8.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| St Johns Close, Bury St Edmunds | £ 200,000 | BUY | 5 / 10 | 0.00 KM |
| St. Johns Close, Mildenhall, Bury St. Edmunds | £ 210,000 | BUY | 7 / 10 | 0.09 KM |
| Selwyn Close, Mildenhall, Bury St. Edmunds, Suffolk, IP28 | £ 210,000 | BUY | 7 / 10 | 0.10 KM |
| Selwyn Close, Mildenhall, Bury St. Edmunds | £ 180,000 | BUY | 6 / 10 | 0.12 KM |
| Selwyn Close, Mildenhall | £ 185,000 | BUY | 7 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 140 St Johns Close | £ 152,000 | 0.01 KM |
| 131 St Johns Close | £ 112,000 | 0.01 KM |
| 118 St Johns Close | £ 80,000 | 0.01 KM |
| 136 St Johns Close | £ 150,000 | 0.01 KM |
| 132 St Johns Close | £ 28,000 | 0.01 KM |