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See how verdicts work1-bedroom flat · CB8 9AF
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented 2nd floor one bedroom apartment with off road parking and well positioned for the town centre. Communal Hall With code operated communal door and staircase to the second floor.
Entrance Hall Entrance door, electric storage heater, airing cupboard with hot water cylinder.
Sitting Room 4.00m (13'2") max x 3.64m (11'11") With a UPVC window to the side, electric storage heater, electric convector heater and opening to:- Kitchen 2.44m (8') x 2.10m (6'11") Fitted with a range of base and eye level units with worktop space over, stainless steel sink unit with mixer tap, space for washing machine, electric point for cooker, UPVC window to the front.
Double Bedroom 4.88m (16') max x 3.59m (11'9") max With a UPVC window to the side, built in wardrobe and electric heater.
Bathroom Fitted with a three piece suite with comprising of a bath with separate electric shower over and shower screen, pedestal wash hand basin, low-level WC, electric fan heater, extractor fan.
Outside One allocated off road parking space. Communal bin store. Tenure The property is held on the residue of a 99 year lease granted in 1985. there are therefore 57 years remaining.
The service charge for the apartment is currently £1100 per year and the ground rent is £600 per year. Most UK mortgage lenders require at least 65 years remaining on a lease.
Buyers are urged to make enquires as to the eligibility of lending on this property.
Please contact the Newmarket office for further advice regarding lending and the possibilities to extend this lease. Services Mains water, drainage and electricity are connected.
The property is heated via electric heaters. The property is in the Newmarket conservation area. The property is in a very low flood risk area. Internet connection, basic: 20Mbps, Ultrafast: 1800Mbps.
Mobile phone coverage by the four major carriers available. EPC: C Council Tax B - £1,829 West Suffolk District Council Viewing By Arrangement with Pocock + Shaw PBS
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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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 Black Bear Court, High Street, Newmarket, Suffolk
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