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Bogs Gap Lane, Steeple Morden, SG8

East of England

£400,000
Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1071 sqft

Description

This charming 3/4-bedroom terraced home, situated on the outskirts of Steeple Morden, presents an excellent opportunity for renovation and investment. Nestled amidst open fields, the property boasts a peaceful setting with easy access to scenic walking trails and the village's local amenities. Upon arrival, you’ll notice the attractive front garden featuring a well-kept lawn and established plants. The entrance greets you with parquet flooring that extends into the main living areas, enhancing the home's inviting atmosphere. The spacious kitchen/dining room is bright and offers ample potential for modernization. It includes a variety of base and wall units, wood worktops, and classic features like a range cooker and butler sink, all framing the possibility for an upgraded culinary space. The lounge stands out with its generous size, dual aspect windows, and French doors leading to the garden. A wood-burning stove adds character to the room while providing warmth—a perfect canvas for future updates that could further enhance its charm. On the ground floor, there’s also an additional room that can function as a fourth bedroom or transform into a study or playroom according to your needs. Moving upstairs, you’ll find three well-proportioned bedrooms alongside built-in storage options. The family bathroom includes essential fixtures and presents scope for updates to suit modern tastes. The rear garden is enclosed and offers substantial space for outdoor activities. Largely laid to lawn with patio areas and mature planting, it provides an environment where new owners can personalize their own oasis while enjoying gatherings or quiet moments outside. Steeple Morden itself is a serene village in southwest Cambridgeshire, located just 15 miles from Cambridge and 5 miles from Royston. This location offers a mix of rural tranquility with convenient access to urban amenities. Local attractions include scenic countryside walks and community events at the village hall. Close by, residents benefit from essential services such as a primary school, village pub steeped in history, as well as nearby transport options including railway connections to Cambridge and London Kings Cross within a short drive. With robust infrastructure surrounding this property—including proximity to major roadways—the potential for rental income or long-term appreciation makes this residence particularly appealing for investors looking at future developments in this charming locale. Overall, this property not only offers comfortable living spaces but also represents an exciting opportunity for those looking to put their personal stamp on it within a vibrant community setting.

Investment Analysis

(SG8 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£373/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£485,554
10% above area average per sq ft
Potential ROI
+14.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -3.8%
5 year growth: 1.9%
Investment Disclaimer: Analysis based on SG8 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

Bogs Gap Lane, Steeple Morden, SG8
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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
£1,465
Based on a loan of £300,000 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