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Lowther Street, Newmarket, Suffolk, CB8 - Image 1
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Lowther Street, Newmarket, Suffolk, CB8 - Image 9
Lowther Street, Newmarket, Suffolk, CB8 - Image 10
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Lowther Street, Newmarket, Suffolk, CB8

East of England

£230,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
904 sqft

Description

This charming three-bedroom Victorian terraced cottage presents an excellent opportunity for those looking to make their mark on a property in a desirable location. Situated just a short stroll from the High Street, the home offers both convenience and potential, with modernisation needed to unlock its full value. Inside, the layout features a spacious living room equipped with two built-in cupboards, providing ample storage. The generous kitchen/dining area is well-designed, complete with a staircase leading to the upper floor and an understairs cupboard for additional practicality. The ground floor also houses a bathroom that is in need of updating, allowing for personal renovation choices. Upstairs, you will find three double bedrooms that offer flexibility for family living or guest accommodation, along with access to the loft space which can be converted to provide even more usable area. Outside, the property boasts an enclosed hardstanding courtyard garden, suitable for outdoor seating arrangements—ideal for enjoying warm weather or entertaining guests. A rear garden gate adds convenience and security, while practical features such as double-glazed windows and gas central heating enhance comfort. Located on Lowther Street, this home benefits from its proximity to Newmarket's vibrant high street. For commuting needs, it is approximately 14 miles from Cambridge and 20 miles from Bury St Edmunds. Additionally, Newmarket train station offers an hourly service into Cambridge, making it appealing for those working in the city. With no onward chain and plenty of potential for improvement or investment returns, this property invites creative vision to transform it into a modern residence while retaining its historical charm. The freehold tenure adds further appeal for buyers looking to invest in this promising area.

Investment Analysis

(CB8 area)

Below Market Value

This property is priced -23.0% below area average per sq ft

-23.0%
Potential saving
This Property
£254/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£328,550
10% above area average per sq ft
Potential ROI
+26.4%
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

Lowther Street, Newmarket, Suffolk, CB8
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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
£843
Based on a loan of £172,500 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