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5 bed property, in Park Lane, £400,000
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5 bed semi-detached house

Park Lane, Newmarket, Suffolk CB8
£400,000

Our Summary

  • Mixed Use Investment Opportunity
  • A substantial Grade II Listed period property prominently positioned in the heart of this renowned horseracing town, presenting an exceptional mixed-use investment opportunity with both established commercial income and strong residential returns
  • The vacant commercial unit also provides scope to further enhance rental income and overall asset value

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Description

The property is a Grade II Listed period building arranged over three floors, with a mix of retail and residential accommodation. The ground floor features three separate commercial units, including a barber shop, a hairdressing salon, and a vacant shop. Above, there is a five-bedroom HMO (house in multiple occupation) with individual bedsits, shared kitchen and shower room facilities, generating residential income.

The property has the potential to generate £50,000 per year in annual income, with opportunities to enhance rental income and asset value.