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Bill Rickaby Drive, Newmarket, CB8

East of England

£190,000
Listed on 02/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
603 sqft

Description

Situated on a spacious corner plot, this two-bedroom semi-detached home presents a noteworthy opportunity for those looking to invest or create a customized living space. Its prime location is just a short walk away from the town centre, schools, and essential amenities. The property features off-road parking and a single garage, allowing for convenient access and ample storage. With no onward chain, this residence invites you to envision its transformation into a welcoming family abode or an attractive rental unit. Potential buyers can seize this chance to shape the future of a property rich with possibilities.

Investment Analysis

(CB8 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£315/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,172
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Bill Rickaby Drive, Newmarket, 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
£673
Based on a loan of £142,500 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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