2-bedroom terraced house · CB8 0HX
To rentListed 7 days
Opportunity summary
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About
A WELL LOCATED TERRACED HOUSE IN A SOUGHT AFTER TOWN LOCATION WITHIN WALKING DISTANCE OF THE HIGH STREET, TRAIN STATION, TWO RACECOURSES AND TATTERSALLS ROOMS THE PROPERTY 2 Harwood Terrace is a charming period property in a sought after residential location with an enclosed garden.
This well located property has brick elevations under a slate roof with double glazing throughout.
The double aspect sitting/dining room/kitchen has windows to the front and rear, open fireplace with a wooden mantelpiece and tiled hearth, stairs to the first floor, base and eye level units, wood effect worktops, stainless steel sink with drainer, integrated appliances including a four ring induction hob with extractor hood above, oven and grill, space and plumbing for a washer/dryer, space for an upright fridge/freezer, wood effect floor and a door to the garden.
The bathroom has a frosted window to the rear, pedestal wash basin, w/c, bath with shower attachment over and tiled floor. The landing has doors to both bedrooms.
Bedroom 1 has a window to the front and built-in wardrobes. Bedroom 2 has a window to the rear, built-in storage and a cupboard housing the hot water tank.
OUTSIDE The front is enclosed by a brick wall and cast iron fencing with a cast iron pedestrian gate, paved path to the front door, flower and shrub beds.
The good sized garden is enclosed by brick walls and close boarded wooden fencing with a paved terrace, gravel area, pedestrian gate to the rear, outside lighting and water tap.
LOCATION 2 Harwood Terrace occupies a sought after residential location in Newmarket within walking distance of the Newmarket Training Grounds, town centre and railway station.
Newmarket is set in attractive countryside on the Suffolk/Cambridgeshire border and is world famous as the headquarters of British horseracing.
The town is Britain’s largest racehorse training centre and some of the finest racing in the world is seen on Newmarket’s two racecourses: The Rowley Mile and The July Course.
Newmarket is also home to Tattersalls (Europe’s leading Bloodstock Auctioneers), veterinary practices of international repute, other bloodstock support services, the National Stud, the National Horseracing Museum and the Jockey Club.
It also provides a good range of amenities including schools, shops, supermarkets, hotels, restaurants and leisure facilities, including health clubs, a swimming pool and golf club.
The picturesque market town of Bury St Edmunds and the University City of Cambridge with its burgeoning hitech and biomedical industries, science parks and reputable schools are within easy commuting distance with excellent access to the A14 and A11 (M11).
There is a branch line connection from Newmarket to Cambridge and Ipswich.
Cambridge, Cambridge North and South, Audley End and Whittlesford parkway offer direct rail lines into London, with the fastest trains taking under one hour.
Stansted International Airport is approximately forty minutes ‘drive. DIRECTIONS CB8 0HX From the Clock Tower roundabout take the exit into Exeter Road.
Take a left onto Fred Archer Way and turn left into Wellington Street. Harwood Terrace is a short distance along on the left hand side.
Local Authority - West Suffolk Council - Current annual charge: £1,828.92 Council Tax Band - B Heating - Electric heating. Square Footage - Approx. 641.
Pets - Considered Broadband - Ofcom states speed available up to 1800 mbps Mobile Signal/Coverage: Yes What3words: ///bake.sweetener.detergent EPC rating E AGENCY NOTE: The property is owned by a member of staff from the Jackson-stops Newmarket office.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
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Returns
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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
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FAQ
About 2, Harwood Terrace, Wellington Street, Newmarket, Suffolk, CB8
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