2-bedroom flat · CB8 0BG
For saleListed 12 days
Opportunity summary
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About
A well presented first floor apartment in this popular development located in a quiet cul de sac that provides easy access to Newmarket High Street.
The spacious accommodation includes a living room/diner, kitchen, two bedrooms and a bathroom and benefits from a modern central heating system and replacement upvc windows.
Outside there is a communal garden and a large amount of off road parking. Available with no upward chain.
Hallway With useful storage cupboards, radiator and door leading thought to the: Living/Dining Room (5.72 x 2.98 (18'9" x 9'9")) Good sized living/dining area with TV connection point, radiator and external door out to the balcony.
Kitchen (3.68 x 1.97 (12'0" x 6'5")) Fitted with matching eye and base level storage units and working surfaces over, tiled splash back areas, inset stainless steel sink and drainer with mixer tap over, built-in oven and induction hob with extractor hood above, space and plumbing for a fridge/freezer and washing machine.
Laid wooden laminate floor and window to the rear aspect.
Bathroom Three piece bathroom suite comprising a low level WC, hand basin, panelled bath with shower head attachment, laid laminate wood flooring and obscured window to the rear aspect.
Bedroom 1 (3.57 x 2.92 (11'8" x 9'6")) Double bedroom with storage cupboard, radiator and window to the front aspect.
Bedroom 2 (3.03 x 1.77 (9'11" x 5'9")) With storage cupboard, radiator and window to the rear aspect. Outside Rear garden laid to lawn with an outside storage cupboard.
Property Information: Maintenance fee - tbc EPC - C Tenure - Leasehold Council Tax Band - A (West Suffolk) Property Type - First Floor Flat Property Construction – Standard Number & Types of Room – Please refer to the floorplan Square Meters - 59 sqm Parking – Off Road Parking Electric Supply - Mains Water Supply – Mains Sewerage - Mains Heating sources - Gas Broadband Connected - tbc Broadband Type – Ultrafast available, 1800Mbps download, 220Mbps upload Mobile Signal/Coverage – Ofcom advise likely on all networks Rights of Way, Easements, Covenants – None that the vendor is aware of 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 15 miles from Bury St Edmunds, and roughly 40 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.
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
FAQ
About 38, George Lambton Avenue, Newmarket
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