1-bedroom flat · CB8 9AP
Sold STCListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious ground floor one bedroom apartment set within a Grade II listed period conversion, located just a short distance from the town centre.
Hall, kitchen/dining area, lounge, bathroom, communal gardens and garage. Property comes with a share of the freehold.
Newmarket 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 Kings Cross and Liverpool Street stations via Cambridge.
An excellent road network links the regions principal centres, including the University City of Cambridge and the historic market town of Bury St Edmunds, both approximately 13 miles from Newmarket.
Lower Ground Floor Communal Entrance Hall To Rear With door to outside (this hall serves just two properties) Plus own front door Kitchen/diner 5.41m (17'9") x 2.36m (7'9") max Fitted with a range of cupboards and drawers with working surfaces over, matching wall cabinets, inset 4 burner gas hob with extractor hood over and electric oven under, plumbing and space for washing machine, fitted fridge freezer, stainless steel sink unit, wall mounted combination gas fired boiler, window to the front.
Sitting Room 4.59m (15'1") x 4.09m (13'5") With a bay window to the front, double radiator. Bedroom 1 4.25m (13'11") x 2.54m (8'4") With bay windows over looking the rear aspect, double radiator.
Bathroom Fitted with a three piece contemporary suite comprising of a large shower, handbasin, low level W.C, heated towel rail.
Study 3.27m (10'9") x 2.93m (9'7") Currently used as a music room, sound proofing installed, no window Outside The property has a single garage with an up and over door situated in a garage block to the rear.
Communal garden and bin storage area. Tenure The property is leasehold, however each leaseholder owns a share in the company that owns the freehold title.
The leaseholders therefore run their own management company that oversees the maintenance of Clarendon House including buildings insurance, communal gardening, cleaning and lighting.
The service change is set on an annual basis and in this current financial year (2023/2024) it is £2000 paid half yearly. Services Mains water, gas, drainage and electricity are connected.
Council Tax Band: B West Suffolk District Council The property is in a conservation area and has a low flood risk. Viewing: Strictly by prior arrangement with Pocock + Shaw
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 High Street, Newmarket
Explore nearby