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The Malting, Ramsey, Huntingdon, PE26 - Image 1
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The Malting, Ramsey, Huntingdon, PE26

East of England

£285,000
Listed on 26/01/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1017 sqft

Description

This detached family home presents a unique opportunity for renovation and investment, boasting four bedrooms and a layout that can be reimagined to suit modern living. Located within walking distance of a well-regarded primary school and local amenities, the property is conveniently situated in a desirable Cambridgeshire village. Upon entering, you are greeted by a welcoming entrance hall that leads to the main living areas. The spacious living room, with its front-facing double-glazed window, offers a comfortable atmosphere while providing ample natural light. The kitchen and dining area extend generously, featuring French doors that open onto the rear patio, creating potential for an indoor-outdoor entertaining space. While the existing fixtures are functional, there is significant scope for modernization in this area to enhance both style and functionality. The utility area off the rear hall facilitates convenient access to the garden while also offering space for laundry appliances. The ground floor includes a versatile room currently utilized as either a playroom or fourth bedroom, ideal for accommodating guests or creating additional living space. Upstairs, the three bedrooms are equipped with fitted furniture and ready for updates that reflect personal taste. The first-floor landing features an airing cupboard and natural light from another double-glazed window. The family bathroom and en-suite shower room provide essential facilities but could benefit from contemporary upgrades to maximize comfort and aesthetics. Outside, the front garden provides off-road parking alongside established lawn space. The rear garden is enclosed with mature planting and fencing, featuring a patio area perfect for summer gatherings. Enhancing this outdoor space holds significant potential for increasing property value. Overall, this home not only offers decent-sized accommodation but also represents an excellent opportunity for buyers looking to invest in renovations that can increase both comfort and market value in this sought-after location.

Investment Analysis

(PE26 area)

Above Market Value

This property is priced +3.4% above area average per sq ft

+3.4%
This Property
£280/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£303,056
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PE26)

Area prices are falling by +8.1% over the last 12 months
3 year growth: -3.3%
5 year growth: 14.3%
Investment Disclaimer: Analysis based on PE26 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

The Malting, Ramsey, Huntingdon, PE26
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,044
Based on a loan of £213,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE