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Church Street, Newmarket, CB8

East of England

£1,000,000

Listed on 16/05/2026

Property Details

Bedrooms
6
Type
Not Specified
Area
3612 sqft

Description

This impressive Grade II Listed thatched residence, dating back to the 1700s, offers a unique opportunity for savvy investors or renovators. Situated in the picturesque village of Ashley, this expansive property boasts over 3,000 sq ft of adaptable living space that can be tailored to modern family needs. The home features five spacious double bedrooms, including two with en suite bathrooms, as well as a self-contained studio annexe above the double garage—ideal for guests or an office conversion. Characterful elements such as inglenook fireplaces and exposed beams accentuate its historical charm. The generous kitchen/breakfast room presents an inviting hub for family gatherings and could benefit from modernisation to enhance daily functionality. Multiple reception rooms provide ample space for both relaxation and work-from-home setups. The private gardens encompass a swimming pool and pool house that hold significant potential for refurbishment, which could dramatically increase the property's value. With off-road parking and a tranquil setting, this property is just a short walk from local amenities, making it an appealing project in a sought-after location. Its close proximity to transport links further enhances its desirability.

Investment Analysis

(CB8 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£277/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,338,571
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CB8)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -2.4%
5 year growth: -1.3%
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

Church Street, Newmarket, CB8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,568
Based on a loan of £750,000 over 30 years at 3.97% 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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