3-bedroom bungalow · CB8 8BG
For saleReduced £25k (−5.9%) on 25 SepListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Not familiar with newmarket? Watch our short video! Are you from out of town? Want to learn a little more about Newmarket.
On a phone or tablet you will find our 'Newmarket Promotional Video' in the 'Video Tours' tab, on a desktop you will find the video within the photos. Prefer to read?
Our Newmarket location description's below.
Property Insight Finished to an exceptional standard throughout, this beautifully refurbished 3-bedroom detached bungalow sits in a highly popular part of Newmarket, just a short walk from the town centre.
Fully renovated and ready to move straight into, it offers a striking open-plan kitchen/dining/living room, three well-proportioned bedrooms, a family bathroom and a separate shower room, driveway parking, and a substantial rear garden with a generous plot extending well beyond the immediate space.
Set slightly above the road, the bungalow makes a smart first impression, with a gravelled driveway, brick-built retaining walls and steps rising to the front door.
Gated side access leads through to the rear.
Stepping inside, a wide and welcoming hallway sets the tone for the quality seen throughout, with wood-effect flooring, inset spotlights, mirrored built-in storage and doors to the accommodation.
The open-plan kitchen/dining/living room is the heart of the home and a wonderful space for both everyday living and entertaining.
The kitchen is fitted with a range of white gloss base and wall units, wood-effect worktops, a brushed gold tap, a feature glass splashback, a stainless steel extractor hood and integrated appliances.
Bi-fold doors open directly onto the rear deck, drawing in natural light and connecting the room to the garden, while there is ample space for both dining and lounge furniture.
The three bedrooms are all well-proportioned and finished to the same high standard, with wood-effect flooring, contemporary panelled feature detailing and large windows, allowing plenty of natural light.
Serving the bedrooms are two stylish, newly fitted rooms: A family bathroom with a bath, marble-effect and wood-effect tiling, an LED mirror and brushed gold fittings, along with a separate shower room with a large walk-in shower finished in the same elegant style.
Outside, the rear garden is a real feature, with a wide timber deck immediately behind the bungalow providing an ideal spot for garden furniture, al fresco dining and entertaining, complete with raised sleeper beds.
Beyond this, the plot opens out into a substantial garden that stretches well back, framed by mature trees and offering a wonderful sense of space, along with plenty of scope for new owners to landscape and make their own.
Adding to the home's appeal, the bungalow benefits from roof-mounted solar panels, offering an energy-efficient feature that can help towards reducing running costs.
Contact the team today to arrange your private viewing appointment. Agent Notes Please note some of the internal photography has been virtually furnished.
Online viewing & 3D virtual reality 360° tour Explore this property in full 360° reality.
On Rightmove, on a desktop click photos and you will find the 3D tour within the photos, on a tablet or phone click the virtual tour tab.
3D virtual reality marketing now comes as part of our standard marketing, don't hesitate to call us if we can help you Location – Newmarket Newmarket is a busy market town and civil parish in Suffolk, 14 miles west of Bury St Edmunds and 14 miles northeast of Cambridge, with excellent commuter links to London and Cambridge from Newmarket train station.
Newmarket is internationally renowned as the historic birthplace of horse racing and has over fifty horse training stables, with the town situated between two of the most famous racecourses in the world, The Rowley Mile and the July Course.
Palace House, the National Heritage Centre for Horseracing and Sporting Art, the National Horseracing Museum, Tattersalls racehorse auctioneers, and two of the world's foremost equine hospitals for horse health, are in the town, which is surrounded by over sixty horse breeding studs.
Newmarket also offers a fantastic selection of pubs and restaurants, showcasing seasonal and local produce, as well as cafes, bakeries and farm shops.
It enjoys a vibrant town centre, with a range of high street brands and independent shops.
There are both state and independent schools, including primary and secondary schools, and plenty of clubs and sports for all ages.
Wicken Fen is also close by, offering wonderful days out at Britain's oldest nature reserve. If you're looking to purchase in the area, we highly recommend the vibrant town of Newmarket!
Garden Large garden to the rear of the property
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 5 New Cheveley Road, Newmarket
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