2-bedroom flat · CB8 0BN
Listing removedListed 151 days
Opportunity summary
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About
LOCATION Newmarket is a highly regarded market town on the Suffolk/Cambridgeshire border.
Offering a unique blend of historic charm and modern convenience, the town provides an excellent range of amenities including shops, restaurants, cafes, and supermarkets, as well as well-regarded schools for all ages.
The town benefits from strong transport links, with easy access to the A14 connecting to Cambridge, Bury St Edmunds and beyond, while Newmarket railway station offers direct services to Cambridge, Ipswich and London connections.
Cambridge is approximately 14 miles away, making Newmarket a popular choice for commuters.
ENTRANCE HALLWAY The building is accessed via a communal entrance hallway, with a stairwell leading to the first floor.
The flat itself is entered through a uPVC door into a spacious internal hallway, providing access to all accommodation.
The hallway also benefits from three storage cupboards, a radiator, and an electric intercom system.
LIVING ROOM 18' 4" x 9' 6" (5.59m x 2.9m) A light and airy living room featuring a uPVC door opening onto a private balcony, along with uPVC windows to the front aspect.
The room is complete with a radiator.
KITCHEN 12' 7" x 7' 3" (3.84m x 2.21m) The kitchen is fitted with a range of wall-mounted and base units set beneath square-edge, granite-effect worktops with complementary tiled splashbacks.
There is an inset stainless steel sink with drainer and mixer tap, an integrated electric oven and hob, and space and plumbing for a washing machine/dishwasher, as well as space for a fridge freezer.
Additional features include a wall-mounted combination boiler, a radiator, and a uPVC window to the rear aspect.
BEDROOM 1 13' 5 (max)" x 8' 5" (4.09m x 2.57m) A spacious double bedroom featuring built-in wardrobes, a radiator, and a uPVC window to the front aspect.
BEDROOM 2 12' 7 (max)" x 5' 8" (3.84m x 1.73m) The room is complemented by a built-in storage cupboard, radiator, and a uPVC window to the rear aspect.
BATHROOM The bathroom features a three-piece white suite comprising a walk-in shower cubicle, low-level WC, and a wall-mounted wash hand basin with storage beneath.
The room is finished with fully tiled walls, a radiator, and an obscure uPVC window to the rear aspect.
EXTERNALLY Externally, the property benefits from a private balcony, access to well-maintained communal gardens, and residents' parking, in addition to its own storage unit.
SERVICES The property benefits from mains gas, water, drainage and electric. Gas fired central heating. TENURE The property is LEASEHOLD and will be sold with vacant possession.
Lease details: A lease of 125 years was granted in September 1994 Ground rent and service charges total approx £450 p/a (including buildings insurance)
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 George Lambton Avenue, Newmarket
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