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See how verdicts work2-bedroom flat · CB8 9AP
For saleReduced £3k (−2.1%) on 25 OctListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious top floor apartment forming part of a Grade II listed period conversion, located a short distance from the town centre.
The flat is offered with no chain and benefits from a fitted kitchen, 2 double bedrooms, a modern bathroom, a garage and also includes a share of the freehold.
Location Newmarket is renowned as the British Headquarters of horse racing offers an interesting and varied range of local shops and amenities.
These include the National Horse Racing Museum, a twice weekly open air market, hotels, restaurants and modern leisure facilities.
There is a regular railway service to London’s Kings Cross and Liverpool Street stations via Cambridge.
An excellent road network links the region’s principal centres, including the University City of Cambridge and the historic market town of Bury St Edmunds, both approximately 13 miles from Newmarket.
Communal entrance hall with stairs leading up to the top floor landing. Entrance hall with access to the roof space.
Kitchen with a range of fitted base and wall mounted units, worktops with recessed sink and drainer, integrated eye level oven and grill, 4 ring ceramic hob with extractor hood over, integrated fridge.
Living room a character room with sloping ceilings and a casement window to the front aspect. Bedroom 1 a large double room with 2 sash windows to the rear aspect. Bedroom 2 with 2 built in cupboards.
Bathroom with a modern white suite comprising a bath with shower over, hand basin and concealed cistern low level WC, tiled walls and recessed ceiling lighting.
Outside A driveway access leads to the side of the building to a communal parking area and a block of garages and the 2nd one in is with Flat 7.
To the rear of the property area communal gardens with a lawned area, shingled seating area and bin storage.
Stairs lead up to the first floor of the building and provide access to the communal hallway.
Services and tenure Tenure The property is leasehold, however each leaseholder owns a share in the company that owns the freehold title.
The leaseholders therefore run their own management company that oversees the maintenance of Clarendon House including buildings insurance, communal gardening, cleaning and lighting.
The service change is set on an annual basis and in this current financial year (2023/2024) it is £2000 paid half yearly.ServicesMains water, gas, drainage and electricity are connected.
Council Tax Band: B West Suffolk District Council The property is in a conservation area and has a low flood risk. The property has a registered title.
Internet connection, basic: 18Mbps, Superfast 138Mbps, Ultrafast: 1800Mbps. Mobile phone coverage by the four major carriers available. EPC: TBC Council Tax B West Suffolk District Council
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
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FAQ
About Flat 7 Clarendon House High Street, Newmarket, Suffolk
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