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See how verdicts work3-bedroom bungalow · CB8 7JF
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Spacious Three-Bedroom Detached Bungalow with a Peaceful Garden Setting and Excellent Potential Situated in a popular residential location in Exning, Mill Close is a deceptively spacious three-bedroom detached bungalow that has been well cared for over the years and now offers an excellent opportunity for a new owner to update and personalise to their own taste.
The accommodation is generously proportioned, offering plenty of space and flexibility, with a practical layout that provides an excellent foundation for creating a comfortable home.
While some modernisation would be beneficial, the property has clearly been well maintained and offers considerable potential for improvement.
One of the property's appealing features is the rear garden, which backs onto a shallow chalk stream and provides a pleasant, peaceful setting to enjoy.
Further benefits include a garage and driveway, offering useful parking and storage. The property is offered for sale with no onward chain, helping to simplify the purchasing process.
Exning offers a range of local amenities, while the nearby A14 and A11 provide convenient road links to Newmarket, Cambridge and Bury St Edmunds.
Combining spacious accommodation, a detached position and a tranquil garden setting, 2 Mill Close presents an appealing opportunity for buyers seeking a well-maintained home with scope to modernise and make their own.
Early viewing is recommended to appreciate the space, setting and potential on offer.
Location Exning is located on the Cambridge/Suffolk border and is just 2 miles away from the historic horse racing town of Newmarket and the thriving village of Burwell.
The university city of Cambridge some 13 miles away is easily accessible with excellent access to the A14 which interconnects to the M11 motorway to London and the A11 to the east.
The market town of Bury St Edmunds is approximately 15 miles away. For commuters there is a branch line connection from Newmarket to Cambridge and Ipswich.
Cambridge and Whittlesford Parkway offer direct rail lines into London, with Cambridge North Station and the fastest trains taking under one hour.
Stansted International Airport is approximately 35 miles away.
Village Information Being near Newmarket, the headquarters of horse racing in England, there are many equine connections including several Stud Farms and the National Equine Hospital.
A spring at Exning was named St Wendreda’s Well, and a local legend had it that the seventh century Saint Wendreda used its water for healing.
Newmarket jockeys used to take horses there to drink before a race.
Local lore reputes Exning to have been the capital of the Iceni tribe and therefore home of Queen Boadicea (Boudicca) who defeated the Romans. She appears on the village sign.
The village has several beautiful countryside walks, including one which takes you onto Newmarket Racecourse (allowed from 13:30).
Facilities The village offers a good range of local amenities including primary school with excellent Ofsted rating, 3 public houses, The White Swann, Wheatsheaf and White Horse offering a range of dining options.
There is also a post office, hairdresser’s, and other shops. Local doctors surgery and many other facilities are in Burwell, just a 2 minute drive away.
The nearby horseracing town of Newmarket provides a good range of amenities including schools, shops, supermarkets, hotels, restaurants, and leisure facilities including health clubs, a swimming pool and golf club.
Renowned globally for thoroughbred horses and boasting two separate racetracks with quality horses competing throughout the season.
If you live locally and feel there is any incorrect or missing information in these village guides, then please do contact us as our aim is to keep them as up to date as possible to assist buyers moving into the area.
EPC Rating: C Parking - Garage Partly converted garage. Parking - Driveway Disclaimer Important Information These particulars are provided as a guide only.
They are prepared using information supplied by the seller and other sources believed to be reliable.
Whilst every effort has been made to ensure the information is accurate, buyers should satisfy themselves by inspection, survey and their own legal enquiries before proceeding.
All measurements, floorplans, photographs and computer-generated images are for guidance only.
Measurements and areas are approximate, and we have not tested any services, systems, appliances or equipment.
To comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all purchasers must complete identity and source of funds checks before a transaction can proceed.
Identity checks are carried out by an independent third-party provider and are subject to a charge.
Material information is provided to the best of our knowledge at the time of publication and may be updated if further information becomes available.
These particulars do not form part of any offer or contract.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 2 Mill Close, Newmarket
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