2-bedroom semi-detached house · CB8 7RW
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very spacious 2 bedroom semi detached house set within an ever popular residential area north of the town centre & close to a variety of local amenities. Ideal first time buy or investment property.
This spacious two bedroom mid terrace house is heated via a gas fired radiator heating system, has UPVC double glazing, an enclosed garden and two off road parking spaces.
It is considered this property is an ideal first time purchase or investment opportunity.
Ground Floor Cloakroom Fitted with a two piece suite comprising of a wash hand basin, low-level WC, extractor fan, tiled splashback, radiator.
Refitted Kitchen 3.67m (12') x 3.08m (10'1") Fitted with a range of base and eye level units with worktop space over, stainless steel sink with mixer tap and tiled splashbacks, plumbing for washing machine, space for fridge/freezer, gas and electric points for cooker, window to the front, radiator.
Lounge/Dining Room 5.02m (16'5") max x 4.58m (15') With a window to the rear, radiator, stairs to the first floor, patio doors doors to the garden.
First Floor Landing Access to loft space, airing cupboard with hot water cylinder. Bedroom 1 4.09m (13'5") x 3.71m (12'2") With a window to the rear, radiator, built in double wardrobe.
Bedroom 2 3.72m (12'2") x 3.08m (10'1") With a window to the front, radiator, built in double wardrobe.
Bathroom Fitted with a three piece suite comprising of a bath, pedestal wash hand basin, and low-level WC, tiled splashbacks, extractor fan, shaver point, window to the front and radiator.
Outside There is a front garden with path to the front door. Enclosed rear garden laid to lawn with garden shed and gate. Two off road parking spaces.
Note We understand that there is an annual financial contribution to the maintenance of the communal green areas. This is about £120 per annum.
Services Mains water, gas, drainage and electricity are connected. The property is in a medium flood risk area and it is not in a conservation area.
Internet connection, basic: 6Mbps, Ultrafast: 1000Mbps. Mobile phone coverage by the four major carriers available.
The property is of a standard timber frame construction with brick ground floor cladding and timber first floor cladding.
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 Mill Reef Close, Newmarket, Suffolk
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