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Exeter Road, Newmarket - Image 1
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Exeter Road, Newmarket

East of England

£350,000
Listed on 25/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1624 sqft

Description

This property presents an exciting investment opportunity with the potential for conversion into two semi-detached homes, each featuring three bedrooms. Nestled on a quiet no-through road and conveniently located near the town centre, this detached house spans approximately 1,600 sq ft. The existing layout includes an open-plan kitchen/dining area, five bedrooms, a family bathroom, and an en-suite shower room, alongside a utility room and a rear garden. While it is positioned for immediate sale without a chain, it requires refurbishment to unlock its full potential. A pre-application has been submitted to West Suffolk Council for the proposed conversion, paving the way for significant profit upon obtaining full planning permission. The combination of ample living space and outdoor area makes this property a promising project for developers or investors.

Investment Analysis

(CB8 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£216/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£594,067
10% above area average per sq ft
Potential ROI
+38.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (CB8)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -4.3%
5 year growth: +5.9%
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

Exeter Road, Newmarket
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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