1-bedroom flat · CB8 8HD
For saleListed 11 days
Opportunity summary
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About
A delightful ground floor apartment in this secluded development that provides good access to the High Street and Railway Station.
Accommodation is spacious and includes a living room/diner, fitted kitchen, large bedroom and a shower room. Outside there is a storage shed, communal gardens and allocated parking.
A great investment or first time purchase. No upward chain.
Entrance Hall With two useful storage cupboards and door leading through to the: Living/Dining Room (3.13 x 5.32 (10'3" x 17'5")) Spacious living/dining area with TV connection point, radiator and window to the rear aspect.
Door through to the: Kitchen (3.13 x 1.80 (10'3" x 5'10")) Fitted with matching eye and base level storage units with working surfaces over, tiled splashback areas, inset stainless steel sink and drainer with mixer tap over, oven with induction hob and extractor hood above, integrated microwave, space for a fridge/freezer and washing machine.
Window to the side aspect. Bedroom (13.50 x 3.07 (44'3" x 10'0")) Double bedroom with built in storage cupboard, radiator and window to the rear aspect.
Shower Room (2.20 x 1.80 (7'2" x 5'10")) Three piece bathroom suite comprising a low level WC, hand basin with cupboard under, walk-in shower cubicle, tiled walls, radiator, access to airing cupboard and obscured window to the front aspect.
Property Details: Maintenance fee - Ground rent is £10/year and service charge is £78/month EPC - D Tenure - Leasehold Council Tax Band - A (West Suffolk) Property Type - Ground Floor Apartment Property Construction – Standard Number & Types of Room – Please refer to the floorplan Square Meters - 45 sqm Parking – Allocated Parking Electric Supply - Mains Water Supply – Mains Sewerage - Mains Heating sources - Gas Broadband Connected - yes Broadband Type – Ultrafast available, Max 1000Mbps download, 50Mbps upload Mobile Signal/Coverage – Good Rights of Way, Easements, Covenants – None that the vendor is aware of.
Agents Notes: Lease has 85 years to run. Ground rent is £10/year and service charge is £78/month.
About Newmarket: 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 15 miles from Bury St Edmunds, and roughly 40 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
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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 45, Armstrong Close, Newmarket
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