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See how verdicts work2-bedroom terraced house · CB8 8BU
Sold STCListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-free two-bedroom terraced home, ideally located close to Newmarket town centre and train station.
Offering a sitting room, kitchen and two bedrooms, with local shop and pub just a short stroll away.
Offering a sitting room, kitchen and two bedrooms, with local shop and pub just a short stroll away. In need of some updating, presenting a fantastic opportunity to add value and make it your own.
Priced to sell-early viewing strongly advised to avoid missing out. ENTRANCE HALL: Stairs to first floor, door to living room.
LIVING ROOM: 23' 06" x 15' 01" (7.16m x 4.6m) Window to front, window to rear, two radiators, under stairs storage cupboard, door to - KITCHEN /DINER: 15' 10" x 7' 03" (4.83m x 2.21m) Window to side, door to garden, laminate flooring, work surfaces with units under, range of wall mounted units, inset drainer with mixer tap over, hob with electric oven under, extractor over, space for fridge freezer and space for washing machine.
FIRST FLOOR LANDING: Loft hatch. BEDROOM ONE: 10' 00" x 9' 06" (3.05m x 2.9m) Window to front, radiator, built in storage wardrobe with sliding door.
BEDROOM TWO: 10' 05" x 9' 06" (3.18m x 2.9m) Window to rear, radiator.
BATHROOM: Low level WC, wash hand basin with unit under, window to rear, radiator and stainless steel towel rail, panelled bath with shower over, airing cupboard housing wall mounted gas boiler and storage.
OUTSIDE: To the front is an area of lawn, and a gate and on street parking.
The rear garden has a patio area, with gate leading to rear passage, leading to an area of garden to the right hand side of the property, which is predominantly to lawn, with a shed.
ADDITIONAL INFORMATION: Council Tax Band: D Local Authority: West Suffolk Council Mains electricity, gas, water and drains connected Vacant possession on completion ENERGY PERFORMANCE RATING : A full copy of the report can be obtained from the Sales Agent or from: VIEWING ARRANGEMENTS: Strictly by appointment with the Sales Agent, Martin & Co please call to arrange a viewing.
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 New Cheveley Road, Newmarket
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