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See how verdicts work5-bedroom flat · CB8 9JS
For saleReduced £50k (−10.5%) on 25 OctListed 149 days
Opportunity summary
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About
A DECEPTIVELY SPACIOUS SECOND FLOOR APARTMENT LOCATED WITHIN THIS SOUGHT AFTER GATED DEVELOPMENT WITHIN WALKING DISTANCE OF THE HIGH STREET, TRAIN STATION, TWO RACESCOURSES AND TATTERSALLS ROOMS THE PROPERTY 5-6 Fairlawns is a well situated second floor apartment located at the top of the High Street and within walking distance of the train station, Tattersalls Sales Room, Racecourses and offering a good investment.
The building has a communal entrance hall with stairs to the second floor. The welcoming triple aspect entrance hall has windows to the front and sides, stairs to the apartment and storage cupboards.
The spacious dining room has windows to the front and side, double doors to the balcony, storage cupboards and a built-in bookshelf.
The impressive double aspect sitting room has windows to the front and side, double doors to the balcony and airing cupboard.
The kitchen/breakfast room has windows to the front and side, base and eye level units, worktops, shelving, stainless steel sink with waste disposal unit and drainer, breakfast bar, integrated appliances including two gas hobs, two induction hobs, two ovens, grill, fridge and freezer and tiled floor.
Bedroom 1 has a window to the side. Bedroom 2 has a window to the rear and built-in wardrobes. Bedroom 3 has a window to the rear and built-in wardrobes.
Bedroom 4 has a window to the rear and a built-in wardrobe. Bedroom 5/dressing room has a window to the rear, walk-in wardrobe, shelving and storage.
Bathroom 1 has a wash basin with vanity unit below, w/c, bidet, bath with shower over and tiled surround, heated towel rail, shelving and access to the loft space.
Bathroom 2 has a frosted window to the rear, wash basin with vanity unit below, w/c, bidet, bath with shower over and tiled surround, heated towel rail and access to the loft space.
OUTSIDE The property is approached through black electric gates with allocated parking for two cars, visitor parking and charming communal landscaped gardens.
LOCATION 5-6 Fairlawns is set in a sought after town location within walking distance of the High Street, Train Station, Racecourses and Tattersalls Sales Rooms.
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.
The town 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, Cambridge North, Audley End and Whittlesford Parkway offer direct rail lines into London, with the fastest trains taking under one hour.
Stansted International Airport is approximately 40 minutes’ drive.
DIRECTIONS CB8 9JS From the clock tower roundabout proceed up Newmarket High Street, turning left into Dullingham Road and then left again into Fairlawns.
The gated entrance to the property is located to the left hand side. PROPERTY SERVICES SERVICES: Mains water, gas, electricity and drainage. Gas central heating to radiators.
TENURE: The property has a Share of the Freehold COUNCIL TAX: Band E Current annual charge: £2,874.02 SERVICE CHARGE: £2,500 per annum LOCAL AUTHORITY: West Suffolk Council Tel: VIEWING: Strictly by appointment only through sole agent: Jackson -Stops – BROADBAND SPEED: Ofcom states speed available up to 1000 mbps MOBILE SIGNAL/COVERAGE: Yes What3Words: typed.begins.argued
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
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FAQ
About Newmarket, Suffolk, CB8
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