A beautifully stylish modern apartment in a prime central location, just a short walk from the town centre and train station. The Grosvenor Apartments offer an exceptional collection of luxury residences in the heart of Newmarket, the world-renowned racing town. Thoughtfully transformed and enlarged, The Grosvenor is a stunning redevelopment of the original Doric cinema building. Its a landmark property and is a proud part of Newmarkets rich history, a town celebrated globally as the headquarters of horseracing and thoroughbred breeding. Location Newmarket is 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 Londons Kings Cross and Liverpool Street stations via Cambridge. An excellent road network links the regions principal centres, including the University City of Cambridge and the historic market town of Bury St Edmunds, both approximately 13 miles from Newmarket. Services Mains water, gas, drainage and electricity are connected. The property is not in an conservation area. The property is in a very low flood risk area. Internet connection, basic: 18Mbps, Ultrafast: 1800Mbps. Mobile phone coverage by the four major carriers available. EPC: C Council Tax C West Suffolk District Council Viewing By Arrangement with Pocock + Shaw PBS Tenure The property is leasehold and is held on the residue of a 125 year lease that started on the 23rd May 2019. There is a service charge currently of 1036 per year that covers buildings insurance, communal electricity, clearing, lift servicing etc. There is a ground rent of 180 per year.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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