1-bedroom flat · CB8 8AY
Listing removedListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground-floor apartment with a conservatory, refurbished throughout, and available with no chain, situated in a convenient location within an over-55s retirement development.
The accommodation is well laid out and has been refurbished, with new flooring and full re-decoration. It forms part of a popular retirement development which overlooks the Warren Hill Gallops.
There is a living/dining room with a decorative electric fireplace, and a door to the conservatory extension, which has views and access to the communal gardens.
The kitchen has base and eye-level storage and includes appliances.
An inner hall leads from the living room to the double bedroom, which has a fitted wardrobe and the wetroom, which has a shower, basin, WC, and a towel rail.
The property has double glazing, gas central heating, an emergency call system, new carpets, doors and decoration throughout.
There is a communal car park for residents, communal gardens and bin stores. The development is well located for access to the town centre and adjoins the Warren Hill Gallops.
What3words: ///situated.cubed.stewing Agents note: The vendor is a relative of a director of Gray and Toynbee.
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 32, Hillside, Heath Road, Newmarket
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