This group of seven low density detached bungalows form part of a larger portfolio of between 60 and 70 properties all located centrally on private roads in Beck Row. The majority of the properties are let to serving USAF personnel located at either the adjacent USAF Mildenhall or USAF Lakenheath.
In recent years all the properties have undergone a comprehensive refurbishment to include new wiring , electric heating systems new Windows kitchens bathrooms and flooring.
Other the parts of the portfolio are also available in larger units, please contact the office for details.
All seven properties are of the same size and layout extending to 68 m sq. or 731 sq. ft, they are two-bedroom properties with gardens to front and rear and off street parking.
All seven units a rental income between £1,150 pcm and £1,215 pcm and produces a yield of over 7% for the group. With exceptionally high occupancy levels, The properties are always in demand for single servicemen/women whose allowance is currently £1,215 pcm. The two USAF air bases have around 20,000 personnel and dependants producing strong local demand properties such as this.
For the majority of the lettings which are to USAF military members, the tenancy terms are favourable with extremely reliable rental payments and tenancy behaviour.
The properties are located around one mile from USAF Mildenhall and four miles from USAF Lakenheath. USAF military personnel are encouraged to live close to the bases it is not only their place of employment but the majority of the services and facilities they require are located on base.
Properties are currently under the full managed service by Balmforth Estate Agents with our office adjacent to RAF (USAF) Lakenheath gate and we can supply details for these services and costs.
Although the rental demand is currently dominated by the USAF market the vibrant centre of Bury St Edmunds (16 miles), Newmarket (14 Miles) and Cambridge (25 miles) heavily influences the local housing market and economy.
Agent notes:
1. The EPC, Floorplan and photographs are of 10 Aspal Hall Road.
