2-bedroom bungalow · CB8 8EY
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly built 2 bedroom detached bungalow situated in the heart of Newmarket, just a short walk from the High Street and train station.
The property offers an open plan Kitchen/Living room with bi-folding doors leading out to the garden, 2 double bedrooms including one with an ensuite and a family bathroom.
Additional features include air source under floor heating, a laid to lawn garden and a driveway providing ample parking for multiple vehicles. No Chain - Viewing Recommended.
Entrance Hall - with composite entrance door with glazed window, laminate flooring with under floor heating, inset spotlights, double glazed window to the front aspect.
Kitchen/Living Room - 6.63m x 4.04m (21'9 x 13'3) - A triple aspect room with bi-folding doors opening onto the garden and windows to the front, side and rear aspects.
The kitchen comprises a range of matching wall and base units with work surfaces over, built-in dishwasher and washing machine, Beko electric oven with 4 ring hob and extractor hood over, inset spotlights, laminate flooring with under floor heating.
Bedroom 1 - 3.81m x 3.18m (12'6 x 10'5) - with a double glazed window to the front aspect, laminate flooring with under floor heating.
Ensuite Shower Room - 2.46m x 1.47m (8'1 x 4'10) - with a low level WC, wall mounted wash hand basin, shower cubicle, inset spotlights, tiled flooring, tiled splashbacks, extractor fan, under floor heating, obscure window to the rear aspect.
Bedroom 2 - 3.66m x 2.44m (12 x 8) - with a double glazed window to the rear aspect.
Bathroom - 1.88m x 1.78m (6'2 x 5'10) - with a low level WC, wall mounted wash hand basin, side panel bath with shower attachment and screen over, inset spotlights, tiled flooring, tiled splashbacks, extractor fan, under floor heating.
Outside - To the front of the property is a stone driveway with parking for several cars.
The garden area is mainly laid to lawn with an Indian sandstone patio, a brick built BBQ area and is partly enclosed by a flint wall.
Sales Agents Notes - Tenure - Freehold Council Tax Band - TBC Property Type - Detached Bungalow Property Construction – Brick and Block Square Footage - TBC Parking – Driveway Utilities / Services Electric & Water Supply - Mains Sewerage - Mains Heating sources - Air Source Under Floor Heating Broadband Connected – TBC Broadband Type – TBC Mobile Signal/Coverage – TBC Flood risk - High for Surface Water We have been made aware this property contains restrictive covenants - please refer to the land registry title for more information.
The vendor has made us aware that, to the best of their knowledge, there is no asbestos or unsafe cladding present at the property and that the property is not at risk of collapse.
The vendor has made us aware that, to the best of their knowledge, there has been no adaptations made to the property for accessibility requirements during their ownership.
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 Park Avenue, Newmarket
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