William H. Brown says ..
A opportunity to purchase a rental investment located in the town centre comprising of three self contained apartments.
Property Oracle says ..
The property is located on High Street, Newmarket, in the West Suffolk area of Suffolk. The High Street location offers convenient access to the town centre, with its shops, supermarkets, and amenities. Newmarket also benefits from its proximity to the railway station, providing links to other parts of the UK. Several schools are within a reasonable distance, including Houldsworth Valley Primary Academy and Newmarket Academy, both rated ‘Good’ by Ofsted.
Based on the provided images, the property appears to be in need of some modernisation and updating. Whilst the structure seems sound, the interior requires work. The flooring, walls, and some fixtures and fittings show signs of wear and tear. A full refurbishment would likely improve the overall condition significantly.
The property does not appear to have a garden, based on the available information and images.
The list price of £180,000 is below the average price for the area (£234,748). However, considering the property’s condition and lack of a garden, the price may reflect the need for significant investment. The average price per square foot in the area is £278, but this property’s size and condition would likely justify a lower price per square foot. A detailed survey would be needed to confirm the structural integrity and potential costs of renovation before a final assessment of value can be made. The nearby comparable properties, though lacking detailed information, suggest a range of prices, highlighting the variability of property values in the area.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 8
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 3
- Sqft (est)
- 1,300.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 407,500.00 £Increased by 9.34 %
- Est sale value
- 364,000.00 £Decreased by 33.17 %
- Average area rental value
- 1,416.00 £/moIncreased by 16.16 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 4.17 %Increased by 6.38 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Houldsworth Valley Primary Academy | Academy Sponsor Led | Good | 0.54 KM |
| Foley House Children'S Centre | Children's Centre | 0.55 KM | |
| Newmarket Academy | Academy Sponsor Led | Good | 1.02 KM |
| Ditton Lodge Primary School | Academy Converter | 1.14 KM | |
| St Louis Catholic Academy | Academy Converter | Good | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Longview Stud | £ 0 | 0 | 0.00 KM |
| The Avenue | £ 696,667 | 0 | 0.00 KM |
| Woodditton Road | £ 0 | 0 | 0.00 KM |
| Market Street | £ 0 | 0 | 0.00 KM |
| Mill Bank | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newmarket | 7038 | NMK | 0.80 KM |
| Dullingham | 7027 | DUL | 5.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Newmarket | £ 180,000 | BUY | 4 / 10 | 0.00 KM |
| Newmarket, Suffolk | £ 400,000 | BUY | Unknown | 0.00 KM |
| Stockbridge House, 192, High Street, Newmarket, Suffolk | £ 145,000 | BUY | 6 / 10 | 0.01 KM |
| High Street, Newmarket | £ 90,000 | BUY | Unknown | 0.01 KM |
| Newmarket, Suffolk | £ 595,000 | BUY | 8 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Little Murray | £ 787,000 | 0.11 KM |
| Murray Lodge Cottage | £ 310,000 | 0.11 KM |
| 10 Queensberry Road | £ 320,000 | 0.11 KM |
| 16 Queensberry Road | £ 440,000 | 0.11 KM |
| 4 Bridlemere Court | £ 155,000 | 0.12 KM |