3-bedroom semi-detached house · CB8 8BS
For saleReduced £25k (−7.1%) on 10 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive 1950’s semi detached home that has been extended to provide additional accommodation to the side and rear.
Its well located with easy access to the railway station and High Street and is within walking distance of the popular Ditton Lodge Primary School.
Accommodation includes a living room, separate dining room, modern kitchen, utility room/conservatory, cloakroom, three generous bedrooms and a bathroom.
Outside, the rear garden is enclosed behind a wall and has gated access that leads to the rear outbuilding which incorporates a garage and a number of workshops etc that would provides an excellent opportunity to create an annex or additional accommodation.
Available with no onward chain. Living Room (4.67 x 4.10 (15'3" x 13'5")) Window to front aspect. Dining Room (4.66 x 4.10 (15'3" x 13'5")) Doors leading to hallway, with fitted windows either side.
Kitchen (3.15 x 2.39 (10'4" x 7'10")) Fitted with a range of eye and base level units with worktop over. Porcelain sink with mixer tap over. Space for white goods and window looking into utility room.
Cloakroom (0.91 x 1.14 (2'11" x 3'8")) Low level WC. Utility Room (4.31 x 2.60 (14'1" x 8'6")) Fitted with eye and base level units with worktop over. Space for white goods.
French doors leading to rear garden and windows to rear aspect. Bedroom 1 (4.10 x 4.07 (13'5" x 13'4")) Windows to rear aspect. Bedroom 2 (3.07 x 2.99 (10'0" x 9'9")) Window to side aspect.
Bathroom (2.96 x 1.43 (9'8" x 4'8")) Suite comprising of a panelled bath with shower attachment over, WC and a pedestal sink basin. Window to side aspect.
Bedroom 3 (4.10 x 3.14 (13'5" x 10'3")) Windows to front aspect. Workshops/Outbuildings In need of repair, opportunity to create annex, office or additional living space.
Garage (4.61 x 2.61 (15'1" x 8'6")) Single garage with up and over door. Outside Front Mainly laid to lawn, with pathway leading to front entrance.
Outside Rear Enclosed rear garden, laid to patio with gated access to outbuildings/garage.
Property Details EPC - D Tenure - Freehold Council Tax Band - D (East Cambs) Property Type - Semi-detached House Property Construction – non-standard (please see agents notes) Number & Types of Room – Please refer to the floorplan sqm: 193.2 square metres Parking – Garage/On-Street Electric Supply - Mains Water Supply – Mains Sewerage - Mains Heating sources - Gas Broadband Connected - Yes Broadband Type – Ultrafast available, 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 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 20 miles from Bury St Edmunds, and roughly 30 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.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 98, New Cheveley Road, Newmarket
Explore nearby