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Catharine Street, Cambridge

East of England

£400,000
Listed on 07/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
690 sqft

Description

This two-bedroom terraced home, situated in a sought-after location in Romsey, presents an excellent opportunity for renovation and investment potential. With easy access to local amenities, the city centre, and Addenbrookes Hospital, this property benefits from its proximity to key facilities and transport links. While it is currently in need of updating, the layout boasts spacious accommodation that could be transformed into a modern living space. The dual aspect open-plan living/dining area features a central staircase leading to the kitchen equipped with basic wall and base units, and ample space for essential appliances. Upstairs, the main bedroom is generously sized with charming wooden flooring and built-in storage, while the second bedroom offers a quiet retreat with its own built-in cupboard. The bathroom is functional but would benefit from modernization to enhance usability. Outside, the manageable garden includes areas for low-maintenance landscaping along with two sheds for additional storage. This property is offered with no upward chain, making it an ideal candidate for those looking to invest their personal touch or rental potential in a growing market.

Investment Analysis

(CB1 area)

Above Market Value

This property is priced +2.9% above area average per sq ft

+2.9%
This Property
£580/sq ft
Area Average
£563/sq ft
Avg Rent (weekly)
£394
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£427,621
10% above area average per sq ft
Potential ROI
+0.6%
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

Catharine 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
£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