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See how verdicts work1-bedroom flat · CB8 8AY
For saleReduced £10k (−5.7%) on 16 OctListed 539 days
Opportunity summary
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About
This exceptional first floor flat located in this historic period property offers elegant accommodation throughout and stunning views up Warren Hill in the heart of Newmarkets race scene.
Newmarket is renowned as the historic heart of British horse racing. Home to two major racecourses, training yards, and the National Stud, it blends tradition with equestrian excellence.
The town offers charming shops, historic inns, and beautiful countryside, making it a cultural and sporting destination for visitors and racing enthusiasts alike.
Accommodation is desirable and offers a well proportioned living room and kitchen, a large bedroom and a airy fully fitted bathroom.
With views over the Gallops, there is a rear communal garden and a separate garage. Over 55's only. Viewing is strongly recommended.
About Newmarket: Newmarket, Suffolk, is a historic market town renowned for its horse racing heritage, being home to the famous Newmarket Racecourse.
The town offers a blend of amenities, including shops, restaurants, and cafes, community theatre/cinema, as well as parks and recreational facilities.
Key attractions include the National Horseracing Museum and various race-related events.
In terms of distance to other cities, Newmarket is approximately 15 miles northeast of Cambridge, about 20 miles from Bury St Edmunds, and roughly 30 miles from Ipswich.
Newmarket train station offers an hourly service in to Cambridge City in 25 minutes, with onwards links in to London, making it accessible for commuters and visitors alike.
Sitting Room (5.10 x 4.54 (16'8" x 14'10")) High-end decorated living room with featured fireplace with gas fire, bookcase shelving, TV & dual satellite reception, radiator, double glazed window looking Warren Hill gallops.
Kitchen (4.32 x 3.31 (14'2" x 10'10")) Fitted with matching eye and base level storage units with working surfaces over, tiled splash back areas, inset stainless steel sink and drainer with mixer tap over, integrated oven, gas-burner hob and dishwasher, wood effect Amtico flooring, radiator and window overlooking the rear aspect.
Hallway With extensive bookcase shelving.
Bedroom 1 (4.57 x 4.22 (14'11" x 13'10")) Double bedroom with featured cast iron fireplace and mantel, walk in wardrobe and dressing space, radiator and window to the front aspect.
Bathroom Four piece suite comprising a low level WC, pedestal hand basin, panelled bath with wall mounted shower attachment, bidet, tiled walls, Amtico flooring, heated towel rail and obscured window to the side aspect.
Agent Notes Please note the property is sold without the garage but it is available via separate negotiation. Please note property is for over 50;s only.
Property Information: Maintenance fee - Ground Rent - £250 per annum Service Charge £3,298 per year EPC - E Tenure - Leasehold Council Tax Band - C (West Suffolk) Property Type - 1st Floor Apartment Property Construction – Standard Number & Types of Room – see floorplan Square Meters - 74 sqm Parking – Garage available.
Additional off road parking.
Electric Supply - Mains Water Supply – Mains Sewerage - Mains Heating sources - Gas central heating with wall mounted gas boiler in the kitchen Broadband Connected - Yes Broadband Type – Superfast available, 86Mbps download, 20Mbps upload Mobile Signal/Coverage – Ofcom advise likely ot on all networks Rights of Way, Easements, Covenants – None that the vendor is aware of
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
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FAQ
About 3 Hillside, Heath Road, Newmarket
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