Summary - 54 PARK LANE NEWMARKET CB8 8AZ
3 bed 2 bath Terraced
Chain-free central town property with flexible basement and courtyard.
Victorian mid-terrace with original features and bay windows
A centrally located Victorian terrace on Park Lane offering genuine renovation potential and immediate vacant possession. The house retains many original features — bay windows, cast-iron fireplaces and exposed floorboards — and benefits from a lower-ground basement that could serve as an additional bedroom or flexible reception. Sold chain free, this property is ready for a buyer looking to add value through careful updating.
The layout provides a front living room, rear kitchen, basement room with street-level window and two generous double bedrooms plus a spacious bathroom on the first floor. The small rear courtyard gives private outdoor space with gated access. The property has been a long-term rental and has had annual boiler servicing and electrical testing, but it does require general refurbishment throughout to modern standards.
Practical details suit city-centre living: freehold tenure, on-street parking, mains gas central heating with boiler and radiators, council tax band B and fast broadband availability. Constructed around 1900–1929 with solid brick walls (assumed uninsulated), the house will benefit from energy-efficiency improvements and cosmetic refurbishment to realise its full market potential.
This is a straightforward project for a first-time buyer or investor who wants a period home in walking distance of Newmarket’s shops, restaurants and racecourse. Expect to budget for updating finishes, insulation and potential electrical or heating modernisation, while enjoying the character and central location as immediate strengths.
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