Park Lane, Newmarket, Suffolk
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
5
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Substantial Grade II Listed Period Property
- Mixed Use Investment Opportunity
- Strong Residential Returns
- Characterful and Versatile Property
- Three Separate Commercial Units
- Five-Bedroom HMO Residential Agreement
- Prime Central Location
- Viewing Highly Recommended
Description
Arranged over three floors, this characterful and versatile property offers a rare combination of retail and residential accommodation, making it an ideal acquisition for investors seeking a high-yield asset with future growth potential. The building is currently configured to provide three separate commercial units to the ground floor together with a well-established five-bedroom HMO residential arrangement above.
The commercial element comprises:
Shop 1 – currently occupied as a busy barber shop
Shop 2 – currently trading as a hairdressing salon
Shop 3 – currently vacant, offering immediate letting potential or flexibility for owner occupation
The upper floors provide a five-bedroom HMO consisting of individual bedsits with shared kitchen and shower room facilities, generating consistent residential demand within this sought-after market town.
Combining both commercial and residential income streams, the property is capable of generating an annual income in the region of £50,000 per annum, offering an attractive yield and excellent long-term investment prospects. The vacant commercial unit also provides scope to further enhance rental income and overall asset value.
Situated within a prime central location close to local amenities, transport links, and the town’s thriving retail and hospitality sector, this is a rare opportunity to acquire a prominent freehold investment with substantial character, multiple income streams, and significant potential.
For further information or to arrange a viewing, please contact a member of the sales team on .
Brochures
Park Lane, Newmarket, Suffolk- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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Energy performance certificate - ask agent
Park Lane, Newmarket, Suffolk
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About Morris Armitage, Newmarket
Godolphin House 2 The Avenue Newmarket Suffolk CB8 9AA
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Visit our security centre to find out moreDisclaimer - Property reference 34674385. 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 Morris Armitage, Newmarket. 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.
*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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