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Back Lane, Burrough Green, Newmarket

East of England

£550,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1071 sqft

Description

This detached bungalow presents a significant opportunity for renovation and investment, situated at the end of a tranquil no-through road in a picturesque village with scenic views over open fields. The property features two spacious double bedrooms, a kitchen, a dining room, a living room, a bathroom, a cloakroom, and a conservatory, making it an ideal canvas for potential buyers looking to enhance or expand the living space. The bungalow includes the possibility of converting the loft area, which could add valuable square footage and increase overall property value, subject to obtaining planning permission. The existing layout offers comfortable living spaces; the kitchen is equipped with essential appliances and has access to the dining room, while the generous living room benefits from an inviting fireplace and sliding doors leading into the conservatory. This versatile space can serve multiple purposes and offers direct access to the garden. Externally, the property sits on a sizable plot with established gardens that present ample opportunity for landscaping or gardening enthusiasts. The driveway provides sufficient parking space for multiple vehicles while providing convenient side access to the rear garden. Located in Burrough Green, this area is just a few miles from Newmarket town center and enjoys close proximity to local amenities. The village boasts a vibrant community atmosphere with options such as a well-regarded primary school and a lively pub. Residents benefit from an active social calendar and enjoy the peaceful rural lifestyle. Overall, this property not only offers immediate livability but also holds substantial potential for further development through renovation or extension. It’s strategically positioned for those looking to invest in real estate within this charming village setting.

Investment Analysis

(CB8 area)

Above Market Value

This property is priced +55.4% above area average per sq ft

+55.4%
This Property
£514/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£389,244
10% above area average per sq ft
Potential ROI
-34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CB8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -1.7%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on CB8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Back Lane, Burrough Green, Newmarket
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE