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See how verdicts work9-bedroom detached house · CB8 9AA
For saleReduced £110k (−6.5%) on 25 OctListed 180 days
Opportunity summary
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About
A SUBSTANTIAL AND BEAUTIFULLY PRESENTED LANDMARK VICTORIAN HOUSE OFFERING OVER 7,000 SQ FT OF ACCOMODATION IN ONE OF THE MOST SOUGHT AFTER TOWN LOCATIONS WITH VIEWS OF TATTERSALLS AND THE JOCKEY CLUB FEATURES - Highly sought after Town Location - Striking Distance of the High Street and Railway Station - Stunning Period Features - Welcoming Reception Hall - Kitchen/Breakfast Room - Garden Room - Sitting Room - Playroom - Large Gym - Utility Room, Boiler Room, Pantry and Cloakroom - Drawing Room - Dining/Snooker Room - Study - Art Studio - Principal Bedroom with Japanese Style En-Suite Bathroom and Dressing Room/Bedroom 4 - Guest Bedroom with Bathroom - 6 Further Bedrooms - 4 Bathrooms/Shower Rooms - Driveway with Parking - Double Garage - Superb Established Walled Garden THE PROPERTY Crossways is a magnificent family home in a highly sought after town location, with a charming landscaped garden.
Built in 1898 by the renowned architect, Robert Edis, known for his Queen Anne style of baroque revival architecture, this stunning property has red brick elevations under a peg tiled roof.
Sympathetically renovated to the highest standard by the vendors, the property has many superb original period features including open fireplaces, sash, Venetian and canted bay windows, decorative cornicing and dado rails, terrazzo, oak wine barrel and parquet floors, mahogany hand rails and servants’ bells.
Arranged over four floors, the house has over 7,000 sq ft of grandeur and the elegant style of the Victorian era, whilst benefiting from the specification of modern day living.
On the ground floor are the everyday living spaces including an impressive kitchen/breakfast room with a Range Master cooker, sitting room with wood burning stove and French doors to the garden room and playroom.
A utility room, pantry, store cupboard, boiler room, server room and large gym are also located on the ground floor.
The upper floors are accessed via two staircases with the butler staircase rising to the top floor.
The first floor houses the principal reception rooms which are breathtaking in terms of proportion and elegance.
The outstanding triple aspect drawing room has an impressive fireplace and French doors to the balcony. The generously sized dining/snooker room provides excellent entertaining space on a grand scale.
The study adjacent to this has excellent views over the garden.
The second floor has a generously proportioned principal bedroom with a walk-in wardrobe and impressive Japanese bathroom with steam room and jet bath.
There are three further bedrooms and two bathrooms to this floor. The third floor has five bedrooms, two bath/shower rooms and two useful store rooms.
LOCATION Crossways is superbly situated in the town within striking distance of the High Street, railway station and Tattersalls.
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, shopping facilities, 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 into London, with the fastest trains taking under one hour. Stansted International Airport is approximately forty minutes’ drive.
OUTSIDE Crossways has a private driveway off Cardigan Street providing parking and a double garage.
The detached brick built double garage has an electric up and over door to the front and pedestrian door to the garden, storage and power and lighting.
The front of the property is approached through a cast iron pedestrian gate with a stone path to the front door flanked by well stocked flower and shrub beds.
The front is enclosed by a brick wall with a side gate leading to the garden.
The attractive and beautifully maintained walled garden provides a delightful haven rarely found in town houses but highly appropriate for a house of this stature and style.
A York stone paved terrace adjoins the garden room with steps up to a manicured lawn, thoughtfully planted raised flower and shrub beds and box hedging.
A further York stone paved terrace and arbour adjoin the lawn with outside lighting and water taps. PROPERTY INFORMATION Services: Mains water, electricity and drainage.
Gas fired central heating via radiators. Tenure: The property is freehold with vacant possession on completion.
Council Tax: Band G Current annual charge: £3,919.12 Local Authority: West Suffolk Council T: Broadband Speed: Ofcom states speed available up to 1800 mbs.
Moblie Signal/Coverage: Yes what3words: ///populate.bolts.keen Viewing: Strictly by appointment only through sole agent: Jackson-Stops - T: .
DIRECTIONS From the clock tower proceed down the High Street and turn left at the traffic lights into The Avenue.
Crossways is located further down on the left hand side, on the corner of The Avenue and Cardigan Street.
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.
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FAQ
About The Avenue, Newmarket, Suffolk, CB8
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