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Norwich Street, Cambridge

East of England

£595,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
818 sqft

Description

This Victorian terraced house presents a solid opportunity for those interested in property renovation within the sought-after Newtown locality. The home, showcasing traditional brick construction beneath a slate roof, dates back to the late 1800s and retains many period features that could be enhanced through thoughtful updates. While the property is currently well-maintained, it offers potential for modernisation and personalisation to suit contemporary living standards. Located conveniently just one mile from Cambridge City Centre and half a mile from the mainline railway station, this location boasts excellent accessibility for commuting and leisure. The surrounding area benefits from local amenities including cafes and restaurants along Hills Road, as well as proximity to some of the city’s top educational institutions. The house sits within a Conservation Area, ensuring that any renovations adhere to guidelines designed to preserve its historical significance while allowing for upgrades that respect its character. This property is ideal for investors or homeowners looking to inject their vision into a classic Victorian structure while benefiting from the vibrant community and economic opportunities available in Cambridge's thriving landscape.

Investment Analysis

(CB2 area)

Above Market Value

This property is priced +36.2% above area average per sq ft

+36.2%
This Property
£727/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£428
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£480,448
10% above area average per sq ft
Potential ROI
-26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CB2)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +2.7%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on CB2 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

Norwich Street, Cambridge
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,146
Based on a loan of £446,250 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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