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High Street, Chatteris

East of England

£400,000
Listed on 18/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a compelling opportunity for refurbishment and investment in Chatteris. Offering a large detached house coupled with an adjacent building plot that has planning permission, this package is ideal for developers or families looking to create tailored living arrangements. The existing home features a flexible layout with multiple reception rooms, a kitchen leading to a breakfast area, and ample bedrooms upstairs, all of which require modernisation. The potential to reconfigure the space into a self-contained annex or multi-occupancy setup adds further appeal. Outside, the property benefits from a substantial garden and double garage, which could be enhanced through landscaping or extension efforts. The building plot extends approximately 507m² and has received approval to develop a new four-bedroom bungalow, presenting an advantageous prospect for additional value creation. This combined offering allows for various investment strategies in a sought-after location close to local amenities and transport links, making it an attractive proposition for those looking to enhance their portfolio or establish a unique living environment.

Investment Analysis

(PE16 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE16)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -1.4%
5 year growth: +28.1%
Investment Disclaimer: Analysis based on PE16 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, Chatteris
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 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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