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See how verdicts work2-bedroom house · CB8 8BE
For saleReduced £5k (−2.2%) on 10 OctListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a two bedroom end of terrace cottage nestling at the end of a no through road on the South side of the town.
The property is set withing easy reach of the railway station and town centre.
The property offers immaculately presented accommodation comprising a living room, re-fitted kitchen/dining room, inner lobby, re-fitted ground floor shower room and two good sized bedrooms.
Externally benefitting from a walled courtyard garden. Offered for sale with the distinct advantage of no onward chain. Ideal first or investment purchase.
EPC (D) Accommodation Details Front door leading through to: Living Room (3.56m x 3.53m (11'8" x 11'7")) With window to the front aspect, feature Victorian style fireplace to the side housing fuel burning stove, built in cupboard, TV aerial connection point, wood flooring, radiator, opening leading through to: Kitchen/Dining Room (3.56m x 3.33m (11'8" x 10'11")) Re-fitted kitchen with a range of eye level and base storage units with wood block working top surfaces over, built in oven, separate hob with extractor hood over, space for fridge/freezer, staircase rising to the first floor with useful understairs recess, tile effect flooring, radiator, window to the rear aspect, part glazed door leading through to: Inner Lobby With airing cupboard with plumbing for washing machine, tiled effect flooring, part glazed door leading to the rear garden and door leading through to: Bathroom Re-fitted bathroom with suite comprising walk in shower enclosure with drench head, wash hand basin set in vanity unit and low level WC, tiled walls, tiled flooring with underfloor heating, window to the side aspect, extractor.
First Floor Landing With access to loft space, access and door leading through to: Bedroom 1 (3.56m x 3.28m (11'8" x 10'9")) With window to the front aspect, Victorian style fireplace to the side, wood flooring, radiator.
Bedroom 2 (3.28m x 2.62m (10'9" x 8'7")) With window to the rear aspect, wood flooring overstairs storage cupboard, radiator.
Outside - Front The property is located at the very end of a no through road with on street parking.
Outside - Rear Fully enclosed courtyard style garden with gated rear access, bordered by brick wall.
Location Newmarket, Suffolk, is a historic market town renowned for its horse racing heritage, being home to the famous Newmarket Racecourse.
The town offers a blend of amenities, including shops, restaurants, and cafes, community theatre/cinema, as well as parks and recreational facilities.
Key attractions include the National Horseracing Museum and various race-related events.
In terms of distance to other cities, Newmarket is approximately 15 miles northeast of Cambridge, about 15 miles from Bury St Edmunds, and roughly 40 miles from Ipswich.
Newmarket train station offers an hourly service in to Cambridge City in 25 minutes, with onwards links in to London, making it accessible for commuters and visitors alike.
Property Details EPC - D Tenure - Free hold Council Tax Band - B - West Suffolk Property Type - End-Terrace House Property Construction – Brick construction Number & Types of Room – Please refer to the floorplan Square Meters - 54 sqm Parking – On street Electric Supply - Mains Water Supply – Mains Sewerage - Mains Heating sources - Electric Broadband Connected - tbc Broadband Type – Full Fibre, direct to home, 1800Mbps download, 220Mbps upload Mobile Signal/Coverage – Ofcom advise likely on all networks Rights of Way, Easements, Covenants – None that the vendor is aware of
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 11, Melton Close, Newmarket
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