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Redfern Close, Cambridge

East of England

£550,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1125 sqft

Description

This detached family home presents a unique opportunity for those looking to invest in a property with significant renovation potential. Comprising three spacious double bedrooms, the house is situated on a generous plot within a quiet cul-de-sac, just north of the city centre. The interior benefits from plenty of natural light and features an entrance hall leading to a living/dining room and a kitchen/breakfast area, all of which are ready for modernisation. While the property is well-arranged, it does require thoughtful updating throughout to unlock its full potential. The first floor hosts three good-sized bedrooms, two equipped with built-in storage, alongside a family bathroom and separate WC. The outside space is equally appealing with a lawned garden and mature trees providing privacy; however, some elements like the timber summer house may need repair. With direct access to local amenities and schools, including the sought-after Chesterton Community College, this property is an ideal canvas for customization or expansion (subject to planning permission). The no onward chain adds to the appeal, making it easier for prospective buyers to envision their renovations. This home not only offers immediate comfort but also long-term investment potential in a desirable neighbourhood.

Investment Analysis

(CB4 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£489/sq ft
Area Average
£510/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£630,754
10% above area average per sq ft
Potential ROI
+3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CB4)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -0.5%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on CB4 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

Redfern Close, Cambridge
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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

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