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High Street, Chatteris

East of England

£70,000
Listed on 03/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This generously sized retail unit, currently designated for office use, presents a unique investment opportunity with proven planning consent for conversion. Spanning two levels, the ground floor features an office area complemented by a rear kitchen space and access to the upper level. The first floor offers an expansive office layout, which could easily be transformed into residential accommodation, utilizing the attic space above. Notably, this property includes dedicated parking at the rear, enhancing its appeal for potential occupants. Given its prime location in the East of England and the flexibility in usage options, this property is ripe for refurbishment.

Investment Analysis

(PE16 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE16)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -1.4%
5 year growth: +28.1%
Investment Disclaimer: Analysis based on PE16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Chatteris
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£252
Based on a loan of £52,500 over 30 years at 4.06% interest

These results are estimates and are 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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