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High Street, Soham, ELY

East of England

£280,000
Listed on 04/01/2026

Property Details

Bedrooms
6
Type
Detached house

Description

This three-storey building presents a noteworthy investment opportunity in the centre of Soham. Currently configured as three two-bedroom flats, this property is ripe for refurbishment and could generate an estimated annual rental income of £30,000 if leased under assured shorthold tenancies. There is further potential to convert two vacant rooms on the first floor into an additional flat, pending planning permissions. Each flat has an associated parking space, which adds value in this accessible location surrounded by local amenities, including shops and services. The proximity to Ely and Newmarket means extended facilities are just a short drive away, enhancing its appeal for potential tenants or buyers seeking rental properties in this growing area.

Investment Analysis

(CB7 area)
Area Average
£329/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -5.3%
5 year growth: 6.1%
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

High Street, Soham, ELY
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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
£1,026
Based on a loan of £210,000 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