2-bedroom flat · CB8 0NU
Sold STCListed 298 days
Opportunity summary
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About
A superb opportunity to purchase a ground floor apartment positioned in a popular and established residential area and within easy reach of an appealing range of shops and restaurants.
Recently redecorated, this deceptive property boasts a communal entrance with store, private entrance hallway, large living/dining room, kitchen, two double bedrooms and a bathroom.
Complete with a very good sized, enclosed private garden and off-road parking for at least two vehicles to the front.
Communal Entrance Hall - With built in storage, window to the front aspect, door leading through to: Entrance Hall - With built in storage, window to the front aspect, door leading through to: Living Room - 6.24m x 3.35m (20'5" x 10'11") - Dual aspect room with windows to the front and side aspects, feature fireplace, ample room for dining table and chairs and radiator.
Kitchen - 2.69m x 2.46m (8'9" x 8'0") - Fitted with a range of eye level and base storage units with working top surfaces over, space for cooker, space for fridge/freezer, space and plumbing for washing machine, inset sink unit with mixer tap over, wall mounted gas fired boiler, radiator, window to the rear aspect, part glazed door leading to the garden.
Master Bedroom - 4.50m x 2.78m (14'9" x 9'1") - With window to the side aspect, built in wardrobe, radiator.
Bedroom 2 - 3.50m x 3.46m (11'5" x 11'4") - With window to the rear aspect, built in wardrobe, door to the side aspect, radiator.
Bathroom - 2.46m x 1.84m (8'0" x 6'0") - With suite comprising panel bath, pedestal wash hand basin and low level WC, part tiled walls, heated towel rail, airing cupboard, window to the rear aspect.
Outside - Fully enclosed, good sized, private garden predominantly laid to lawn and off road parking for at least two vehicles to the front.
Location - 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.
Property Information - EPC - C Tenure - Leasehold (92 years remaining) (£140 yearly ground rent and maintenance charge) Council Tax Band - B West Suffolk Property Type - Apartment Property Construction – Standard Number & Types of Room – Please refer to the floorplan Square Meters - 63 SQM Parking – Driveway Electric Supply - Mains Water Supply – Mains Sewerage - Mains Heating sources - Gas Broadband Connected - TBC Broadband Type – Ultrafast available, 1000Mbps download, 100Mbps upload Mobile Signal/Coverage – Ofcom advise good on all networks Rights of Way, Easements, Covenants – None that the vendor is aware of
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 Manderston Road, Newmarket
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