3-bedroom semi-detached house · CB8 8ES
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive 3 bedroom period property standing in a delightful central town location overlooking All Saints Church.
The house is currently used as a commercial premises and change of use back to a residential home has been applied for. Accommodation includes 3 reception rooms, a cellar and a rear courtyard.
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.
Accommodation Entrance hall with stairs leading to the first floor, door leading to the cellar.
Living room with a fireplace (currently boarded off) with a cast iron grate and surround and tiled hearth.
Dining room with a fireplace recess, wood effect flooring and opening leading to; Sun room with a semi-vaulted ceiling with roof lights, wood effect flooring, glazed rear elevation with a pair of French doors leading to the courtyard.
Snug with a door leading to the rear courtyard. Kitchen with a sink and drainer and cupboard storage under, wall mounted gas fired boiler. Cloakroom with a hand basin and low level WC.
Cellar with a tiled floor and natural light from the rear aspect.
First floor with a split level landing Bedroom 1 with a fireplace (currently boarded off) with a cast iron grate and surround, window to the front aspect. Bedroom 2 with a window to the front aspect.
Bedroom 3 with a window to the rear aspect. Bathroom with a hand basin and low level WC (please note that the bath has been removed, however, the plumbing is understood to be in place).
Outside The property occupies an attractive position overlooking All Saints Church and is situated a short distance from the High Street.
A pedestrian accessway to the right of the property, owned by the nearby Newmarket Horse Racing Museum, leads to a high-walled courtyard which is paved and landscaped with shrubs.
AGENTS' NOTE The property is currently in use as commercial premises, and the client is applying for a change of use to reinstate it as a residential dwelling. Services and tenure
Value & comps
No previous sales on record.
Returns
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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 Melbourne House, 9 All Saints Road, Newmarket, Suffolk
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