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Frank Bridges Close, Soham, Ely, Cambridgeshire

East of England

£220,000

Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Detached
Area
1023 sqft

Description

This detached three-bedroom cottage presents an exciting opportunity for renovation enthusiasts or investors looking to capitalize on its potential. Nestled on a spacious plot of approximately 0.46 acres adjacent to Lode, the property boasts an attractive position overlooking the village pond, offering a serene setting with easy access to local amenities. Inside, the layout features two reception rooms, a conservatory, a kitchen, utility space, and a shower room on the ground floor, while the upper level hosts three bedrooms. The cottage is in need of modernisation throughout, allowing for customization and enhancement. Outside, the garden offers lawn areas and fruit trees but requires attention to unlock its full potential as an outdoor retreat. With vehicular access not available, this property invites creative solutions for accessing and utilizing its substantial outdoor space. Given its location and size, this property holds significant investment promise for those willing to undertake necessary renovations.

Investment Analysis

(CB7 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£215/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£366,735
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB7)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on CB7 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

Frank Bridges Close, Soham, Ely, Cambridgeshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-20.0% since listed
£220,000£30,000(-12.0%)
09/04/2026
Current price
£250,000£25,000(-9.1%)
10/12/2025
£275,000Initial listing
08/11/2025

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