2-bedroom terraced house · CB8 0AD
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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Property Insight Offering excellent scope to update and modernise throughout, this two-bedroom mid-terrace home occupies a convenient position in the heart of Newmarket, within easy reach of the High Street, the train station and the open expanses of Newmarket Heath.
Arranged over two floors and extending to approximately 848 sq ft, the accommodation comprises two reception rooms and a kitchen to the ground floor, with two bedrooms and a family bathroom above.
It makes an ideal first purchase, investment or renovation project, with genuine potential for new owners to put their own stamp on things.
The property sits behind a low brick-walled frontage on a popular residential road, with on-street parking nearby.
The front door opens into the lounge, where a bay window draws in plenty of natural light and a tiled fireplace forms a natural focal point.
The room is dated and would benefit from redecoration, but the proportions are a good starting point.
A second reception room sits to the centre of the home, currently used as a dining room with a fireplace of its own, the staircase rising to the first floor and a door through to the kitchen.
The two reception rooms lend themselves well to reconfiguration, with potential to create a larger open-plan kitchen/dining space subject to the usual permissions (STPP).
The kitchen itself is dated and due for replacement, with freestanding units, space for appliances and a door to the rear garden, though there is clear scope here to create a modern kitchen/breakfast room.
Upstairs to the first floor are two bedrooms - a double to the front and a further bedroom to the rear - both well-proportioned and offering a sound base for redecoration and new flooring.
The family bathroom completes the first floor and includes both a bath and a separate shower enclosure, again presenting an opportunity to update to a new owner’s taste.
Outside, the rear garden is a particular feature. Generous in size, it backs directly onto allotments, giving a pleasant green outlook with no immediate neighbour to the rear.
Well established and currently in need of some attention, it offers an attractive base for new owners to landscape and make their own, with a gated access at the foot of the garden.
Contact the team today to arrange your private viewing appointment.
Location – Newmarket Newmarket is a busy market town and civil parish in Suffolk, 14 miles west of Bury St Edmunds and 14 miles northeast of Cambridge, with excellent commuter links to London and Cambridge from Newmarket train station.
The town is internationally renowned as the historic birthplace of horse racing, with over fifty training stables and a position between two of the most famous racecourses in the world, The Rowley Mile and the July Course.
Palace House, the National Heritage Centre for Horseracing and Sporting Art, the National Horseracing Museum, Tattersalls racehorse auctioneers and two of the world’s foremost equine hospitals are all in the town, which is surrounded by over sixty breeding studs.
Newmarket also offers a fantastic selection of pubs and restaurants showcasing seasonal and local produce, alongside cafes, bakeries and farm shops, and a vibrant town centre with high street brands and independent shops.
There are both state and independent schools and plenty of clubs and sports for all ages. Wicken Fen, Britain’s oldest nature reserve, is close by.
Anti-Money Laundering (aml) Checks: In line with the Money Laundering Regulations 2017, we are legally required to carry out identity and aml checks on all buyers. We charge a fee of £25 (inc.
VAT) per buyer to carry out these checks, payable once an offer has been formally accepted. Payment of this fee is a condition of proceeding with the purchase. Garden Rear garden fully enclosed
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 37 Field Terrace Road, Newmarket
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