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See how verdicts work2-bedroom property · CB8 8AY
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented ground floor apartment, for over 55's, offering stunning views overlooking the famous horse racing gallops of Newmarket.
Offered for sale with the distinct advantage of NO ONWARD CHAIN making viewing absolutely essential.
This property has been stylishly improved with Swedish fixtures and fittings with triple glazing throughout offering accommodation comprising an entrance porch, open plan living room/dining room, re-fitted kitchen with built-in appliances, two good size bedrooms and a re-fitted bathroom.
Call us today to arrange a viewing appointment! Private Entrance Porch - Entrance porch leading to a bright, light open plan apartment.
Kitchen - 3.33m x 1.79m (10'11" x 5'10") - Stylish, contemporary kitchen with a range of fitted eye and base level cupboards with under cupboard lighting and granite work top over.
Inset sink with mixer tap over. Inset Neff flexi induction hob with extractor over. Integrated Bosch fridge. Undercounter Bosch slimline dishwasher. Wood effect vinyl flooring.
Living Room - 8.45m x 4.09m (27'8" x 13'5") - Spacious living room with triple glazed French doors overlooking the gallops, opening onto the front lawn. Radiator.
Bedroom 1 - 4.39m x 2.74m (14'4" x 8'11") - Generous double room with built-in sliding door wardrobe. Window overlooking the gallops. Radiator.
Bedroom 2 - 2.99m x 2.74m (9'9" x 8'11") - Spacious double room with built-in sliding door wardrobe (space and plumbing for washing machine and space for tumble dryer). Boiler cupboard.
Window overlooking the attractive communal gardens to the rear. Radiator. Bathroom - 1.98m x 1.78m (6'5" x 5'10") - Contemporary bathroom with white suite comprising of low level W.C.
with concealed cistern, inset hand basin with mixer tap over and built-in storage under, generous walk-in shower, with wall mounted electric shower and sliding glass doors.
Attractive tiling throughout. Wood effect vinyl flooring. Built-in storage cupboard. Outside - The apartment is set in a stunning location with well maintained communal gardens and private parking.
Access is from the attractive Heath Road, beside the gallops, with a paved path from Heath Road leading directly to the apartment.
Property Information - Maintenance fee - Ground Rent: £250per annum; Management Service Fee: £311.25 per month EPC - C Tenure - Leasehold - 88 years remaining Council Tax Band - B (West Suffolk) Property Type - Ground floor apartment Property Construction – Standard Number & Types of Room – Please refer to the floorplan Square Meters - 58 SQM Parking – Ample, floodlit parking within grounds Electric Supply - Main Water Supply – Main Sewerage - Main Heating sources - Gas Broadband Connected - tbc Broadband Type – Superfast available Mobile Signal/Coverage – Good Rights of Way, Easements, Covenants – None that the vendor is aware of Location - What 3 Words - ///deflated.audit.slang Viewing Arrangements - Viewing strictly by prior arrangement with Morris Armitage.
Please call to arrange a mutually convenient time.
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

FAQ
About Heath Road, Newmarket
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