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See how verdicts work2-bedroom property · CB8 8AY
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bedroom first floor apartment with truly exceptional views over the horse racing gallops and Newmarket Heath.
The property forms part of an established development of apartments specifically for people over 55 years of age and offers potential for updating and improvement.
The apartment can be accessed via a lift located close to the property and benefits from a generous living room/dining room with a bay window overlooking the Heath, attractive communal gardens and a parking area nearby.
No onward chain. 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.
Entrance hall with a part glazed uPVC entrance door, built in cupboard, glazed screen leading to the living room.
Living room/ dining room a generous sized room with a bay window offering delightful views over the horse racing gallops.
Kitchen with a range of fitted base and wall mounted units, worktops with sink and drainer, built in cupboard. Bedroom 1 with fitted bedroom furniture, window over looking the heath and gallops.
Bedroom 2 with fitted cupboards and shelving. Bathroom with a bath, hand basin and low level WC.
Outside The property forms part of the Hillside development situated off a no through road and with exceptional uninterrupted views over the heath and horse racing gallops.
The property offers attractive well maintained communal gardens with lawned areas and ornamental trees and a communal residents and visitors parking area to the left side of the property.
A nearby lift provides good access to this first floor apartment via a communal external landing.
Services and tenure There is a service charge of £3,298.44 per annum - £824.61 Paid quarterly to cover the communal maintenance, lighting, buildings insurance and an annual ground charge of about £250 per annum.
Services Mains water, drainage and electricity are connected. The property is not in a conservation area and is in a low flood risk area. The property has a registered title.
Internet connection, basic: 16Mbps, Superfsast 82Mbps, Ultrafast: 1800Mbps. Mobile phone coverage by the four major carriers available. EPC: C Council Tax B West Suffolk District Council
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Hillside, Heath Road, Newmarket, Suffolk
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