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St. Marys Square, Newmarket, Suffolk, CB8 0HZ

Key features

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply
  • 6-8 Double Bedroom Victorian Townhouse
  • Town Centre Location
  • One Bathroom, Two Shower Rooms
  • Ideal for a House of Multiple Occupancy - License Pending
  • Outbuilding Ideal For Conversion Into a Studio Apartment
  • Private Courtyard Rear Garden
  • Walk to Train Station - Less then 10 Minutes
  • Ideal Investment Opportunity

Description

We are delighted to present this 6-8 bedroom mid-terraced substantial Victorian townhouse, ideally suited for a House of Multiple Occupancy (HMO) with a pending licence. Cautiously awaiting an owner to restore it to its former glory, this property has enormous potential with a little tender loving care.

Featuring an outbuilding, perfectly poised for conversion into a self-contained studio apartment, this home offers a unique opportunity for creative reconfiguration. With the advantage of no onward chain, the possibilities are endless for someone seeking to craft a personalised living space or capitalise on investment potential.

The property stands within a convenient town centre location, making daily life a breeze with amenities close at hand. For commuters or those who appreciate easy access to transportation links, the train station is a mere stroll away, less than a 10-minute walk from the front door.

This character-filled residence includes one bathroom and two shower rooms, catering well to multiple occupants and enhancing practicality in modern living. With features such as intricate cornices and period fireplaces, the allure of history intertwines seamlessly with contemporary convenience.

An ideal investment opportunity awaits the savvy buyer, providing a canvas for realisation of a profitable venture or a labour of love in crafting a home of distinction.

In summary, this property offers a unique blend of potential and opportunity, awaiting a new owner with vision to breathe life into its architectural bones. Embrace the chance to create something truly special in a sought-after location with this remarkable Victorian townhouse.

Why Newmarket?
Newmarket, a small but thriving market town rich in history, is located just 12 miles northeast of Cambridge and is world-renowned for its deep connection to the horse racing industry. Nestled within the lush landscapes of Suffolk, this town has been a centre of equestrian activity since the reign of King James I in the early 17th century, earning it the title ‘the centre of horseracing in Britain’. A little fact for the historians amongst you: the first recorded race meeting actually took place in 1622…so a few years back now.

Home to over 3,500 racehorses, more than 60 horse training stables, and two large racetracks (the Rowley Mile and the July Course), not to mention the famous Jockey Club, Newmarket hosts some of the finest horseracing in the world. The town is also home to the National Stud and the National Horseracing Museum, preserving its rich heritage for future generations to come. However, if music is more your thing, there are several popular live music events throughout the year.

Newmarket’s history, combined with its modern amenities and beautiful architecture (Grade II listed buildings are dotted everywhere), make it a desirable blend of old and new.

Transport Links
The historic market town of Newmarket is located between the university city of Cambridge and Bury St Edmunds on the Suffolk/Cambridgeshire border. It has excellent access to the A14, A11 and M11, making the commute to London a breeze (…that may be an exaggeration). For those not so keen on commuting by car, the town's railway station has direct services to Cambridge, Ely, and Bury St Edmunds, with connections to London King's Cross and London Liverpool Street available via Cambridge.

For international travel, Stansted Airport is approximately 30 miles away, offering flights to numerous destinations across Europe. Whatever your reason for travel, you have a number of flexible options.





Council Tax Band: B
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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St. Marys Square, Newmarket, Suffolk, CB8 0HZ

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About Pattinson Estate Agents, Auction

Kingfisher Way Silverlink Business Park Wallsend NE28 9NY
Industry affiliations:Industry affiliation logo 0

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

However, we don't just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained.

At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, 'Pattinson Auction', was launched 33 years ago, and is going from strength to strength.

As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East's leading estate agency.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,629
We think you can borrow up to
Add your household income above
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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.

Notes

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Disclaimer - Property reference 492113. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinson Estate Agents, Auction on 0191 625 0242.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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