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Paddocks Drive, Newmarket, Suffolk, CB8

East of England

£500,000
Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1238 sqft

Description

Nestled on the edge of Newmarket, this four-bedroom detached home presents an exceptional opportunity for those looking to invest in a property with outstanding expansion potential. The house rests on a generous plot featuring ample front and rear gardens, offering the perfect backdrop for extensions or enhancements (subject to planning approval), much like several neighboring homes have already done. Inside, the residence is filled with natural light, showcasing spacious rooms designed for family living. The inviting entrance porch leads you into a hallway that connects to a large kitchen-diner and a well-proportioned living room. Both spaces boast access to a sizable patio area, ideal for outdoor gatherings. Furthermore, the ground floor includes a versatile bedroom that can function as an office or playroom, along with a guest WC that could easily be transformed into a full bathroom. Upstairs features three additional double bedrooms—including a principal suite with an en-suite shower—alongside another family bathroom equipped with luxurious fittings. This layout not only meets today's needs but also allows for future upgrades. Outside, the south-facing garden is framed by established greenery, providing privacy and an inviting environment for relaxation or socializing. Its sizeable expanse promises ample opportunity to create your personal outdoor oasis. With excellent transport links and proximity to Newmarket's vibrant town center—the heart of British horseracing—this property is ideally positioned both for seamless commuting and leisure activities. Embrace the chance to make this dwelling your own while benefiting from its considerable renovation potential.

Investment Analysis

(CB8 area)

Above Market Value

This property is priced +20.6% above area average per sq ft

+20.6%
This Property
£404/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£456,135
10% above area average per sq ft
Potential ROI
-17.1%
After renovation
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

Paddocks Drive, Newmarket, Suffolk, CB8
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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
£1,771
Based on a loan of £375,000 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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