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Kennett, Newmarket, Suffolk

East of England

£850,000

Listed on 23/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
2700 sqft

Description

This distinct detached residence features a self-contained annexe and is set within a sprawling 4.7 acres, located just five miles from Newmarket. Bursting with period charm, the main house showcases numerous traditional elements that can be preserved or enhanced through thoughtful renovation. The property presents a remarkable opportunity for expansion (subject to planning) and is complemented by a 2-bedroom guest/staff annexe, making it ideal for multi-generational living or rental potential. The extensive grounds are well-suited for equestrian use or as a small holding, equipped with five stables and ample space available for an arena or ménage. Notably, excellent riding trails are located nearby, enhancing the appeal for horse enthusiasts. Inside the main house, the ground floor includes an inviting entrance hall leading to a triple-aspect sitting room with an open fireplace that overlooks the garden. A spacious dining room adorned with exposed beams adds character, while the kitchen features timber units, granite worktops, and integrated appliances - although it may benefit from modern updates. The shower room provides essential amenities but could also use some refurbishment. Upstairs, three bedrooms offer versatile space that can be further optimized to suit personal needs. The bathroom features attractive tiling and a roll-top bath but holds potential for modernization. The annexe boasts its own sitting/dining area, kitchen, two bedrooms, and bathroom - providing further options for rental income or guest accommodation after some cosmetic updates. Externally, the private rear garden features mature plants and trees alongside paddocks with dedicated access points. There's ample parking on a gravel driveway leading to an integral garage. With some attention and investment in key areas throughout both properties, this unique offering can be transformed into a stunning family estate or lucrative investment.

Investment Analysis

(CB8 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£315/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,001,039
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Kennett, Newmarket, Suffolk
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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
£3,211
Based on a loan of £637,500 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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