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The Belt, Lidgate, Newmarket, CB8 9PZ

East of England

£425,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Detached
Area
1033 sqft

Description

This property features a combination of inviting living spaces and potential for enhancement. The compact kitchen, equipped with essential fittings including a double eye-level oven and spacious walk-in pantry, presents an opportunity for modernisation while maintaining its functional charm. The dining room is highlighted by a striking inglenook fireplace and offers ample space for entertaining, though it would benefit from updated flooring and decor. The sitting room boasts large windows that invite natural light and showcase views of the surrounding gardens, featuring exposed beams and solid wood herringbone flooring that may need refinishing to restore its former glory. Upstairs, the landing provides access to the loft space for possible expansion, with two generously sized bedrooms that have built-in wardrobes but could be enhanced with fresh design elements. The bathroom requires updating to meet contemporary standards. Outside, the property's garden is well-maintained and includes various seating areas as well as mature borders; the addition of new landscaping or hardscaping could further elevate its appeal. Notably, there is an approved but lapsed planning application for a two-storey rear extension, providing significant investment potential for those looking to enhance both living space and value.

Investment Analysis

(CB8 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£411/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£382,990
10% above area average per sq ft
Potential ROI
-17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB8)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -2.0%
5 year growth: -0.1%
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

The Belt, Lidgate, Newmarket, CB8 9PZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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