This is an investment and development opportunity in the heart of Newmarket, a 3.76-acre site comprising three existing residential properties and a parcel of land with development potential. The properties, including a substantial detached former convent building, three separate residential dwellings in a former stable block, and a detached two-bedroom cottage, generate a monthly income of £14,990. The site has a central location, close to Newmarket High Street, Waitrose, and the town's international horse racing facilities. The land to the rear of the properties has potential for development, subject to planning, and offers a unique opportunity for investors or developers to capitalize on the area's growing popularity.