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Gwydir Street, Cambridge - Image 1
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Gwydir Street, Cambridge

East of England

£550,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1125 sqft

Description

This charming bay-fronted Victorian property presents an exciting opportunity for renovation and potential expansion (subject to planning). Situated in the sought-after Petersfield area, the home is conveniently located just off Mill Road, providing easy access to Cambridge Station and the vibrant city center. Currently encompassing 1,125 square feet, this residence offers a blank canvas for those looking to invest in a property with room for enhancement. The ground floor features an inviting entrance hall leading to a spacious bay-fronted sitting room with a classic fireplace that opens into the dining area. The kitchen includes a functional layout equipped with base and eye-level units, as well as essential appliances. Adjoining this space is a garden room that provides direct access to the private rear garden. The first floor hosts three bedrooms, including two generously sized doubles, along with a family bathroom and a separate WC. A sizable storage room off the landing adds practicality to the layout. The outdoor space comprises an enclosed rear garden with gated side access—ideal for those wishing to create an outdoor retreat or additional storage. Located on Gwydir Street, this property benefits from its proximity to both East Road and Mill Road, making it just half a mile from the city center known for its blend of historic and contemporary architecture, diverse shopping options, and excellent schools. Commuters will appreciate being a 15-minute walk from Cambridge Railway Station, which offers direct services to London. Local amenities include Mill Road's vibrant independent shops, cafes, and proximity to larger retail centers like The Grafton and Beehive Shopping Park. Families will find reassurance in the quality of local education; this home falls within the catchment areas for St Matthew's Primary School and Parkside Community College, both of which are well-regarded institutions. This freehold property is connected to all mains services: gas, electricity, water, and drainage. With no onward chain, it represents not only a residence but also an investment opportunity in one of Cambridge’s most desirable neighborhoods for those willing to put in some work and make it their own. Viewings are available strictly by appointment through our vendor's agents.

Investment Analysis

(CB1 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£489/sq ft
Area Average
£563/sq ft
Avg Rent (weekly)
£394
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£697,208
10% above area average per sq ft
Potential ROI
+16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CB1)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 5.0%
5 year growth: 10.3%
Investment Disclaimer: Analysis based on CB1 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

Gwydir Street, Cambridge
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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
£2,015
Based on a loan of £412,500 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