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See how verdicts work2-bedroom flat · CB8 8AD
For saleListed 12 days
Opportunity summary
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About
A SUPERBLY PRESENTED FIRST FLOOR APARTMENT WITH A BALCONY ENJOYING VIEWS OVER WARREN HILL TRAINING GROUNDS AND WITHIN WALKING DISTANCE OF THE TOWN CENTRE THE PROPERTY 10 Peel House is a luxury first floor apartment in a highly sought after town location with a balcony enjoying superb views over Warren Hill Training Grounds.
Built in 2005, Peel House, is a sought after development of individual apartments, designed by the award winning architects Biscoe and Stanton.
Each of the twenty one apartments offer modern facilities including underfloor heating, quality fitted kitchens and bathrooms and state of the art whole house communication systems including tv, audio, telephones, computer internet, home security and 24 hour security CCTV protection.
The building has a communal entrance hall with stairs up to the first floor.
The entrance hall has built-in store cupboards, including a utility cupboard with space and plumbing for a washing machine and tumble dryer, security entry phone and double wooden doors to the sitting/dining room.
The stunning and generously sized open plan sitting/dining room has French doors to the paved balcony enjoying elevated views over Warren Hill Training Grounds, and opening to the kitchen.
The stylish kitchen has fitted base and eye level units, granite worktops with upstands, one and a half bowl sink, integrated appliances including four ring induction hob with stainless steel extractor hood over, oven, grill, microwave, dishwasher and fridge/freezer, tiled floor and recessed ceiling downlights.
The master bedroom is spacious with a large window to the front, built-in wardrobes and well finished en-suite bathroom, with double ended bath, fully tiled shower cubicle, wash basin, concealed unit wc, full height mirror, chrome heated towel rail, extractor fan, shaver point, recessed ceiling downlights and tiled floor.
Bedroom 2 is also of a good size with a window to the front and recessed ceiling downlights.
There is a separate well finished shower room/cloakroom with a fully tiled shower cubicle with large chrome shower head, pedestal wash basin with tiled splashbacks, wc, tiled floor, chrome heated towel rail, shaver point and recessed ceiling downlights.
OUTSIDE Private Paved Balcony: Enjoying views over Warren Hill Gallops. Outside light. Peel House is approached through automatic gates that lead to secure and well lit allocated and visitors parking.
The apartment has two allocated parking spaces. The communal landscaped grounds are surrounded by mature trees with lawns and flower borders.
There are private pedestrian gates which provide easy direct access straight onto The Warren Hill Training Grounds from within the development.
LOCATION Peel House occupies arguably one of the best locations in Newmarket and is situated within walking distance of the town centre.
Newmarket is home to many racing institutions including the National Stud, the National Horseracing Museum, Tattersalls and The Jockey Club.
Some of the finest racing in the world is seen on The Rowley Mile and The July Course.
Newmarket itself provides a good range of amenities including schools, shops, supermarkets, hotels, restaurants and leisure facilities, including health clubs, a swimming pool and golf club; Cambridge and Bury St Edmunds offer further amenities.
There is excellent access to the A14 and A11 (M11). There is a branch line connection from Newmarket to Cambridge and Ipswich.
Cambridge, Audley End and Whittlesford Parkway offer direct rail lines in to London, with the fastest trains taking under one hour. Stansted International Airport is approximately 40 minutes’ drive.
DIRECTIONS CB8 8AD From Newmarket High Street turn right at the Clock Tower roundabout into Old Station Road. Peel House is located after The Warren Hill Training Grounds on the left.
PROPERTY INFORMATION SERVICES: Mains water, electricity and drainage. Electric underfloor heating. TENURE: The property is freehold with vacant possession on completion.
LOCAL AUTHORITY: West Suffolk Council Tel: COUNCIL TAX: Band E Current annual charge: £2,874.02 SERVICE CHARGE: Current annual charge: £4,302.82 BROADBAND SPEED: Ofcom states speed available up to 112 mbps MOBLIE SIGNAL/COVERAGE: Yes What3words: ///croutons.troubled.available VIEWING: Strictly by appointment only through sole agent: Jackson-Stops:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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Area
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FAQ
About 10, Peel House, 1 Cheveley Road, Newmarket, Suffolk, CB8
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