# 3 bedroom semi-detached house for sale (CB8 0EQ) ## Property Details | Key | Value | |-----|-------| | Address | 3 MILLBANK, NEWMARKET, SUFFOLK CB8 0EQ | | Price | £169,950 | | Bedrooms | 3 | | Last sold | £152,000 Nov 2019 | ## Description **** **** Newmarket renowned as the British Headquarters of horse racing offers an interesting and varied range of local shops and amenities. These include the National Horse Racing Museum, a twice weekly open air market, hotels, restaurants and modern leisure facilities. There is a regular railway service to London's Kings Cross and Liverpool Street stations via Cambridge. An excellent road network links the region's principal centres, including the University City of Cambridge and the historic market town of Bury St Edmunds, both approximately 13 miles from Newmarket. This semi-detached family house is situated in a very popular and convenient residential area approximately half a mile north of Newmarket town centre and close to a range of local shops and facilities. The property which has recently benefited from a programme of updating provides particularly spacious living accommodation with benefits including an attractive refitted kitchen with marble worktops, refitted bathroom with separate shower cubicle, replacement of the gas fired boiler and redecoration throughout. Outside the property enjoys a driveway to the front with off road parking for several vehicles and an enclosed garden to the rear. In detail the accommodation includes: -  **GROUND** **FLOOR** **** Entrance Hall: With double glazed entrance door, tiled floor and glazed door to: - Sitting Room: Approximately 18'11" (5.78m) x 13'3" (4.04m) with uPVC double glazed window to the front elevation, staircase providing access to the first floor accommodation, under stair storage cupboard, five wall light points, feature brick fireplace with fitted gas fire and matching corner display area, TV aerial point, built-in storage cupboard, three radiators and archway to: - Dining Room: Approximately 9'10" (3.0m) x 9'0" (2.74m) with uPVC patio doors leading to the garden and radiator. Re-Fitted Kitchen: Approximately 10'2" (3.10m) x 9'7" (2.92m) with a superb range of cupboards and drawers with marble works surfaces over, matching wall cabinets, inset gas hob with electric oven under, stainless steel extractor hood over, stainless steel sink unit with mixer tap, built-in fridge/freezer, plumbing for a washing machine, space for a tumble dryer or dishwasher, cupboard housing a recently replaced combination gas fired boiler serving the heating and hot water systems, built-in pantry cupboard, part glazed door leading outside and large polished floor tiling.   **ON** **THE** **FIRST** **FLOOR** **** Landing: With uPVC double glazed window to the side elevation and access to the roof space. Bedroom 1: Approximately 11'5" (3.48m) x 10'4" (3.15m) with uPVC double glazed window to the front elevation and radiator. Bedroom 2: Approximately 11'2" (3.42m) x 10'3" (3.12m) with uPVC double glazed window to the rear elevation and radiator. Bedroom 3: Approximately 8'4" (2.54m) x 8'3" (2.51m) with uPVC double glazed window, built-in storage cupboard and radiator. Re-Fitted Bathroom: Comprising of a white suite including a bath with tiled surround, separate shower cubicle, pedestal hand basin with strip light/shaver socket over, low level WC, radiator/towel rail.  **OUTSIDE** **** The property is set back from the road and has it's own driveway providing off-road parking for several vehicles and pathway to the side providing access to the rear. The rear garden which is enclosed is approximately 70' long and is predominantly laid to lawn with conifer screen hedging, shrub border, patio area, brick built shed and garden tap.  **DIRECTIONS** **** From Newmarket town centre (the Clock Tower) proceed in the direction of Exning and Burwell along the Exning Road (B1103). Proceed up the hill and at the top of the hill take the first turning on your left hand side into Tannersfield Way. At the T-junction turn left and follow the one way system around Freshfields. As the road starts to go up hill it turns into Millbank and the property can be found on your right hand side. There is a "For Sale" board displayed. Council Tax: (To be notified by Vendor) Viewing: Strictly by prior arrangement with Pocock & Shaw. PBS/lk/N5152   ## Property Photos - ![Photo](/listings/photos/37982740/311774) - ![Photo](/listings/photos/37982740/311775) - ![Photo](/listings/photos/37982740/311776) - ![Photo](/listings/photos/37982740/311777) - ![Photo](/listings/photos/37982740/311778) ## Floorplans - ![Floorplan 1](/listings/photos/37982740/311780) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 3 MILLBANK, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EQ | £152,000 | 29/11/2019 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 134 WINDSOR ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0QA | £270,000 | 30/10/2025 | Semi-detached | | 69 FRESHFIELDS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EG | £210,000 | 09/06/2025 | Semi-detached | | 3 TANNERSFIELD WAY, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EE | £268,000 | 10/11/2023 | Semi-detached | | 7 STIRLING GARDENS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0ER | £230,000 | 03/10/2023 | Semi-detached | | 10 ADASTRAL CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0PX | £342,000 | 30/06/2023 | Semi-detached | | 34 ST PHILIPS ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EN | £175,000 | 02/06/2023 | Semi-detached | | 2 MILL HILL, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0JB | £515,000 | 06/04/2023 | Semi-detached | | 212 GEORGE LAMBTON AVENUE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0DX | £265,000 | 24/03/2023 | Semi-detached | | WHITE LODGE 14 HEASMAN CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0SS | £250,000 | 29/11/2022 | Semi-detached | | 24 ADASTRAL CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0PX | £335,000 | 23/11/2022 | Semi-detached | | 206 GEORGE LAMBTON AVENUE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0DX | £275,000 | 18/10/2022 | Semi-detached | | 23 ADASTRAL CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0PX | £425,000 | 13/10/2022 | Semi-detached | | 136 WINDSOR ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0QA | £341,200 | 16/09/2022 | Semi-detached | | 41 ST PHILIPS ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0ES | £376,000 | 26/08/2022 | Semi-detached | | [Same street] 13 MILLBANK, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EQ | £280,000 | 11/02/2022 | Semi-detached | | 21 ADASTRAL CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0PX | £292,000 | 19/01/2022 | Semi-detached | | 6 MELROSE GARDENS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EW | £292,000 | 14/01/2022 | Semi-detached | | 174 WINDSOR ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0QA | £325,000 | 15/12/2021 | Semi-detached | | 47 ENGELHARD ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0SA | £234,000 | 03/12/2021 | Semi-detached | | 18 BEAVERBROOK ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0ST | £230,000 | 15/10/2021 | Semi-detached | | 57 EXNING ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EA | £329,000 | 17/08/2021 | Semi-detached | **Street average:** £280,000 (1 sale) **Area average:** £298,960 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £352,067 (26 Semi-detached, CB8, 2024–2026) - **Deviation:** -51.7% ## Rental Range *ONS Price Index of Private Rents (West Suffolk). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,058/mo - **Realistic:** £1,176/mo - **Optimistic:** £1,294/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Cambridge (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,122/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Semi-Detached House, St Philips Road, CB8 | £1,395/mo | 3 | 0.21 miles | OpenRent | | 3 Bed Terraced House, Lowther Street, CB8 | £1,400/mo | 3 | 0.27 miles | OpenRent | | 3 Bed Flat, Rowley Drive, CB8 | £1,100/mo | 3 | 0.27 miles | OpenRent | **Average rent: £1,298/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.82% (okay) - **Max investor price (0.8%):** £174,375 - **Target investor price (1%):** £139,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,395/mo).* - **Gross yield:** 9.8% - **Cost-to-rent:** 10.2× - **Monthly cashflow:** £561/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 13.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 14.4% - **10y growth:** 44.4% ## House Price Index (HM Land Registry) *Official index for West Suffolk; Semi-detached series; as of March 2026.* - **1y growth (index):** 5.7% - **5y growth (index):** 11.7% - **10y growth (index):** 35.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)