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See how verdicts work3-bedroom flat · CB8 0FH
Listing removedReduced £20k (−6.7%) on 21 JunListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern 3 bedroom first floor apartment attractively situated in a gated development close to the centre of town.
The accommodation comprises a living room, modern fitted kitchen with integrated appliances, a primary bedroom with ensuite, 2 further bedrooms and a bathroom.
Additional features include gas central heating, an allocated parking space, communal gardens and bike storage. No chain. Entrance Hall With solid oak flooring, 2 radiators.
Living Room (5.5 x 3.9 (18'0" x 12'9")) With windows to front and rear aspect, solid oak flooring, radiator.
Kitchen (3.9 x 2.2 (12'9" x 7'2")) With a range of base and wall mounted units, stainless steel sink with mixer tap, built-in eye level oven, gas hob with extractor hood over, integrated appliances including fridge/freezer, dishwasher and washer/dryer, window to the rear aspect, radiator.
Bedroom 1 (3.7 x 2.8 (12'1" x 9'2")) With a radiator, built-in wardrobes, window to the front aspect.
Ensuite Shower Room With part tiled walls, vinyl flooring, shower cubicle, low level WC, hand wash basin, heated towel rail.
Bedroom 2 (3.4 x 3.2 (11'1" x 10'5")) With a radiator, window to the rear aspect. Bedroom 3/Study (2.7 x 2.7 (8'10" x 8'10")) With a radiator, solid oak flooring, window to the rear aspect.
Bathroom With part tiled walls, vinyl flooring, low level WC, hand basin, bath with mixer tap with hand held shower attachment.
Outside The development is accessed via electric gates which lead to communal gardens, a bike store, an allocated parking space and visitor parking.
Sales Agents Notes Tenure - Leasehold Length of Lease - 111 years remaining Annual Ground Rent - £225 approx. Annual Service Charge – £2,547 approx.
Service Charge Review Period - Annually For more information on this property, please refer to the Material Information Brochure on our website.
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 7, Abernant Drive, Newmarket
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