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London Road, Newmarket, Suffolk, CB8 - Image 1
London Road, Newmarket, Suffolk, CB8 - Image 2
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London Road, Newmarket, Suffolk, CB8

East of England

£1,250,000
Listed on 06/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3529 sqft

Description

This distinguished Grade II Listed country house, situated within approximately 4.2 acres of scenic grounds, presents a unique opportunity for those looking to invest in a property with substantial renovation potential. Known as The Thatches, this impressive residence originated as four cottages and boasts a rich history dating back to the 18th century. Characterized by its timber framing, thatched roof, and original features such as exposed beams and open fireplaces, the 3,529 sq ft layout offers significant scope for improvement and reconfiguration. The property includes extensive outbuildings—ideal for conversion into additional living spaces or tourist accommodation—pending planning permission approval. The attractive grounds feature formal gardens with a large pond and various mature trees providing both privacy and picturesque views over the adjacent paddocks. Located just three miles from the vibrant town of Newmarket, famed for its racing heritage, The Thatches is ideally positioned for access to nearby amenities in Bury St Edmunds and Cambridge. With excellent transport links, including rail connections to London, this property not only offers a tranquil setting but also represents an excellent investment opportunity in a desirable location.

Investment Analysis

(CB8 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£354/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,290,926
10% above area average per sq ft
Potential ROI
-13.9%
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

London Road, Newmarket, Suffolk, CB8
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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
£4,508
Based on a loan of £937,500 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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