New development launched in an exclusive address in Newmarket
Posted 29 January 2016 by Keith Osborne
Horse racing fans in particular will be excited by the prospect of buying one of just six executive detached properties at a new boutique development launched by agent Cheffins in Newmarket, Suffolk.
Alcyidon Mews, with its six-bedroom homes in a Regency-inspired three-storey design, is set within a private courtyard adjacent to the Rowley Mile Race Course on Hamilton Road. Built by Amesview Developments Ltd, the houses will be finished to a high specification, including designer kitchens, bay windows, quality bathrooms and French doors leading onto private, landscaped gardens.
Two of the properties are completed with a cart lodge, providing parking for two cars and with a home office/studio above, while the other four properties have a double garage or double cart lodge and visitor parking.
The homes are located on a large plot which formerly hosted a detached property belonging to champion jockey, Doug Smith, and the development is named after Alycidon, ridden often by Smith and one of the best British thoroughbred racehorses of all time, known as “one of the greatest stayers in history”. The horse’s career was short – just two years – but in that time he ran 17 times with 11 wins, before retiring to become leading sire in 1955.
Just 15 miles from Cambridge and its growing technology and bio-tech industries, Newmarket has benefitted from a property ‘ripple effect’, though it still represents excellent value compared to Cambridge itself, one of the UK’s property hotspots.
Neil Harris, director at Cheffins in Newmarket, says: “As the global centre of thoroughbred horse racing, with two race courses and the world-famous Tattersalls, in Newmarket we see a number of international buyers looking for a base in the town. The location of Alycidon Mews, overlooking the Rowley Mile, makes it an attractive investment for the global racing elite and overseas investors with a passion for horseracing.
“House prices in Newmarket are continuing to rise due to low interest rates, limited housing stock, good employment opportunities and demand rippling out from Cambridge. We are expecting strong interest from a mix of overseas buyers as well as the local market.”
Prices start from £650,000.
Find out more at www.cheffins.co.uk ; 01638 663228