2-bedroom terraced house · CB8 8AD
Sold STCListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom Victorian mid-terraced home, occupying a sought-after location to the south-east of the town centre.
The property has been thoughtfully updated and improved throughout, combining period character with stylish modern finishes.
A particular feature is the spacious open-plan living and dining room, enhanced by attractive oak flooring, while the well-equipped fitted kitchen retains a charming character feel.
The first floor provides two generous double bedrooms, with further accommodation including a contemporary ground-floor bathroom.
Outside, the property is complemented by a delightful, privately enclosed landscaped courtyard garden, creating an attractive space for outdoor seating and entertaining.
Location Newmarket is renowned as the British Headquarters of horse racing offers an interesting and varied range of local shops and amenities.
These include the National Horse Racing Museum, a twice weekly open air market, hotels, restaurants and modern leisure facilities.
There is a regular railway service to London’s Kings Cross and Liverpool Street stations via Cambridge.
An excellent road network links the region’s principal centres, including the University City of Cambridge and the historic market town of Bury St Edmunds, both approximately 13 miles from Newmarket.
Accommodation Living room/dining room an excellent open plan room with attractive oak wood flooring, stairs leading to the first floor, feature fireplace and period style radiators.
Inner hallway with oak wood flooring and an opening leading to the kitchen.
Kitchen with a range of fitted base and wall mounted units, oak wood worktops with an inset ceramic sink and drainer, integrated eye level oven and grill, 5 burner gas hob with glass splashback and stainless steel extractor hood over, cupboard housing a gas fired combination boiler, oak wood flooring and a pair of French doors leading to the garden.
Bathroom with a modern white suite comprising a bath with mixer tap and shower over, hand basin and low level WC, heated towel rail, tiled flooring and part tiled walls.
First floor Landing with doors leading to: Bedroom 1 with wood flooring and feature panelling. Bedroom 2 with feature panelling and built in cupboard storage.
Outside To the front is an attractive garden enclosed by a low-level perimeter wall, with established shrubs, shingle and paved pathways leading to the front door.
To the rear is a beautifully landscaped courtyard garden, featuring stone paving, a shingled seating area and an attractive variety of established shrubs and flowering plants.
Gated access leads to the rear. Services and tenure Tenure The property is freehold. Services Mains water, gas, drainage and electricity are connected. The property is not in a conservation area.
The property is in a medium flood risk area. The property has a registered title. Internet connection, basic: 14Mbps, Superfast 49Mbps, Ultrafast: 1800Mbps.
Mobile phone coverage by the four major carriers available. EPC: D Council Tax B West Suffolk District Council
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 Cheveley Road, Newmarket, Suffolk
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