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Broad Street, Ely

East of England

£395,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
861 sqft

Description

Nestled in a peaceful cul-de-sac, this 3-bedroom detached home presents an excellent opportunity for renovation and investment. Surrounded by the natural beauty of Cherry Park and within walking distance to the City Centre and river, this property offers potential for expansion and modernization (subject to local planning permissions). The interior features essential comforts such as gas central heating and double glazing, making it a solid foundation for any project. The layout includes a kitchen with ample space for appliances, a cozy lounge/diner with a feature gas fireplace, three bedrooms, and a bathroom with essential fixtures. Externally, the property boasts a manageable garden and an attached garage, providing further options for enhancement. With no upward chain complicating matters, this property is ripe for transformation into a desirable residence or rental investment.

Investment Analysis

(CB7 area)

Above Market Value

This property is priced +42.2% above area average per sq ft

+42.2%
This Property
£459/sq ft
Area Average
£323/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£305,582
10% above area average per sq ft
Potential ROI
-29.8%
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
31%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -7.5%
5 year growth: +3.7%
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

Broad Street, Ely
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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
£1,425
Based on a loan of £296,250 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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