We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CB8 8FG
Listing removedListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented first floor apartment set within an exclusive gated development, just a short distance from the train station and High Street.
Accessed via its own private entrance, the property offers well-designed accommodation featuring an open plan living/kitchen/dining room, 2 bedrooms and a bathroom.
Outside benefits from communal gardens, a bin/cycle store and 2 allocated parking spaces.
Private Entrance With entrance door, laminate flooring, radiator, large storage cupboard, further under stairs storage cupboard, stairs leading up the first floor landing.
First Floor Landing With a Velux window, inset spotlights, laminate flooring, storage cupboard with plumbing for washing machine, airing cupboard, radiator.
Inner Hallway With intercom phone system, radiator, inset spotlights, Nest thermostat, loft access (boarded and with lighting).
Open Plan Living/Kitchen/Dining Room A dual aspect room with a Velux window to the side aspect and French doors with Juliette balcony, laminate flooring, inset spotlights, 2 radiators.
Kitchen with a range of base units with work surfaces over, stainless steel sink, integral appliances including Lamona electric cooker with 4 ring Lamona hob, extractor hood over, built-in fridge/freezer and built-in dishwasher, tiled splashbacks, extractor fan, inset spotlights, laminate flooring.
Bedroom 1 With a radiator, window to the front aspect. Bedroom 2 With a radiator, window to the side aspect.
Bathroom With a low level WC, pedestal wash hand basin, side panel 'P' shaped bath with rainfall shower, inset spotlights, extractor fan, chrome heated towel rail, tiled flooring and tiled walls.
Communal Garden A gated development with 2 allocated parking spaces and a further visitor space. Communal outside storage shed and a bin/cycle store.
Sales Agents Notes Tenure - Leasehold Length of Lease - 117 years remaining Annual Ground Rent - £100 Annual Service Charge – £1,360.87 Service Charge Review Period - Annually Please note there is a restriction that pets are not allowed to be kept at the property and the apartment cannot be used for trade or business.
For more information on this property, please refer to the Material Information Brochure on our website.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, May Gardens, Newmarket
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