Summary - High Street, Newmarket, CB8 CB8 9AF
2 bed 1 bath Flat
Compact two-bed flat with parking and refurbishment potential near the racecourse.
- Town-centre first-floor flat, short walk to Newmarket racecourse
- Two double bedrooms and lounge/diner within c.500 sq ft
- Secure allocated off-street parking included
- Windows replaced within last 10 years
- Electric room heaters; no gas central heating
- 59 years remaining on lease — lenders likely to refuse mortgages
- Sold at auction; cash buyers only
- Service charge ~£1,000pa and ground rent ~£600pa
Located on Newmarket High Street, this two-bedroom first-floor flat offers a compact town-centre investment with immediate rental or refurbishment potential. The development is tidy and benefits from recently replaced windows and secure allocated off-street parking, while the property is within easy walking distance of the racecourse and local amenities.
The layout provides a lounge/diner, fitted kitchen, two double bedrooms and a family bathroom across about 500 sq ft. The interior shows 1980s fittings and dated decor, so a sensible refurbishment would both improve living standards and unlock added value for resale or letting.
Important buyer notes: the flat is leasehold with 59 years remaining and will be sold at auction — mortgage lenders are likely to refuse lending, so this is a cash-only purchase. Annual costs include a service charge around £1,000 and ground rent reported at £600 per year. Heating is electric room heaters, and the property would benefit from modernising and a lease extension where possible.
This is best suited to a cash investor or buyer prepared to renovate and manage leasework. For the right purchaser the location and scope for improvement present a clear opportunity to enhance the property’s value in a busy market town.
2 bedroom flat for sale in Church Lane, Newmarket, CB8 — £180,000 • 2 bed • 1 bath • 755 ft²
2 bedroom flat for sale in High Street, Newmarket, CB8 — £90,000 • 2 bed • 1 bath • 862 ft²
2 bedroom apartment for sale in Tattersalls Crescent, The Avenue, Newmarket, CB8 — £165,000 • 2 bed • 1 bath • 621 ft²
2 bedroom flat for sale in Birdcage Walk, Newmarket, CB8 — £240,000 • 2 bed • 1 bath • 700 ft²
3 bedroom maisonette for sale in The Avenue, Tattersall Crescent The Avenue, CB8 — £225,000 • 3 bed • 1 bath • 1182 ft²
2 bedroom apartment for sale in Stockbridge House, 192, High Street, Newmarket, Suffolk, CB8 — £115,000 • 2 bed • 1 bath • 882 ft²
