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New Cheveley Road, Newmarket - Image 1
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New Cheveley Road, Newmarket

East of England

£170,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This chain-free two-bedroom terraced property is situated conveniently near Newmarket's town centre and train station. With a spacious living room, kitchen, and two bedrooms, this home offers a solid foundation for those looking to invest in a renovation project. The local amenities, including shops and a pub within walking distance, enhance its appeal. The interior requires updating, making it an excellent opportunity to customise the space to your tastes and potentially increase its market value. Features include under stairs storage, built-in wardrobes in the bedrooms, and a manageable garden with patio space. This property offers a blank canvas for anyone looking to create their ideal home while also benefiting from the location's inherent value.

Investment Analysis

(CB8 area)
Area Average
£335/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CB8)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +1.3%
5 year growth: +1.7%
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

New Cheveley Road, Newmarket
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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