This exciting investment opportunity in Newmarket, the international home of horse racing, comprises a 1.52ha site with three existing residential properties generating a monthly income of £14,990. The site has development potential and is located in central Newmarket, within walking distance to the high street and Waitrose, and close to Newmarket station. The three properties, including a substantial detached former convent building, two mid-terrace bungalows, and a detached two-bedroom cottage, offer a range of rental income streams. The site is zoned for residential use and falls within the Newmarket Conservation Area, with potential for retirement, care, or residential development subject to planning permission. With its central location, excellent transport links, and development potential, this property presents a unique investment opportunity.