3-bedroom semi-detached house · CB8 0EW
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Freshly painted throughout with new carpets, spacious kitchen/diner with double oven, ceramic hob, washing machine, fridge, freezer and large picture window of the garden, living room with gas fire, 3 bedrooms, bathroom with shower over bath (wall bracket and curtain pole being installed, ample parking, enclosed rear garden with shed & fruit trees Council Tax Band: C (West Suffolk Council) Deposit: £1,500 Holding Deposit: £300 Living Room - 5.10m x 3.60m - large window with blind, gas fire Kitchen/Diner - 5.10m x 3.78m - large picture window and door, double oven, ceramic hob, fridge, freezer, washing machine, understair cupboard Bedroom 1 - 4.61m x 2.68m Bedroom 2 - 2.95m x 2.58m - blind Bedroom 3 - 1.98m x 1.90m - blind Outside - Parking on block paving for two cars with an additional one on the gravel, locakble gate to the rear garden, patio and shed Permitted Payment A refundable Holding Deposit of 1 weeks rent will be required at the application stage to hold the property.
* The holding deposit will be retained by the letting agent if false or misleading information is provided which affects a decision to let the property and calls into question your suitability as a tenant.
* The holding deposit will be retained by the letting agent if you fail the right to rent check.
* The holding deposit will be retained by the letting agent if you withdraw from the proposed agreement.
* The holding deposit will be retained by the letting agent if you fail to take all reasonable steps to enter an agreement when the landlord or agent has done so.
* The holding deposit will be refunded to you if the landlord withdraws from the holding agreement or the deadline is not met. For all other permitted payments, please call our office on
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 7 Melrose Gardens, Newmarket
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