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Grafham Road, Ellington, PE28

East of England

£350,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
441 sqft

Description

Nestled in the charming village of Ellington, this three-bedroom semi-detached home presents a solid foundation for those seeking a renovation project or an investment opportunity. The property is characterized by its spacious layout and ample outdoor space, making it ideal for families or individuals looking to tailor their living environment. Upon entering, you’re greeted by a functional porch that leads into a welcoming hallway. To the left, a bright living room flows effortlessly into a sizable family room or conservatory, which could be enhanced further to create an even more inviting communal space with views of the expansive rear garden. This area showcases potential for modernization and reconfiguration, allowing for a personalized touch. The kitchen offers practical dimensions and is accompanied by a utility room and a downstairs WC, providing convenient amenities for everyday use. The upstairs layout includes two well-sized double bedrooms—both featuring fitted wardrobes—and a single bedroom perfect for guests or as a home office. The family bathroom is equipped with a modern three-piece suite but could easily be updated to reflect more contemporary design preferences. Externally, the property shines with its generous front and back gardens. The large driveway can accommodate multiple vehicles, offering substantial parking options for families or visitors. The rear garden not only provides ample space for gardening enthusiasts but also serves as an excellent space for outdoor entertaining—ideal for summer gatherings or relaxing in privacy. Additionally, the double garage adds functional versatility, accessible from both sides and offering room for storage or potential conversion into additional living space (subject to planning permission). With such expansive grounds and layout possibilities, this property holds significant renovation potential that could greatly enhance its value. Viewings are recommended to fully appreciate the scope of what this home can offer both now and in terms of future enhancements.

Investment Analysis

(PE28 area)

Above Market Value

This property is priced +143.5% above area average per sq ft

+143.5%
This Property
£794/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£361
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£158,143
10% above area average per sq ft
Potential ROI
-58.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE28)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -1.0%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on PE28 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

Grafham Road, Ellington, PE28
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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
£1,282
Based on a loan of £262,500 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