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Perne Road, Cambridge - Image 1
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Perne Road, Cambridge

East of England

£625,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1016 sqft

Description

This extended three-bedroom semi-detached house from the 1930s presents a prime opportunity for renovation in a desirable area of the city. The property boasts a generous plot of nearly 250 ft in length, providing ample room to enhance both the living space and outdoor areas. While the interior would benefit from modernization, its layout is functional, comprising an entrance hall leading to a front sitting room with a bay window, an extended kitchen with rear and side windows plus direct access to the garden, and an expansive family/dining room that opens to the outdoor space. Upstairs, there are three bedrooms — two doubles and one single — alongside a standard three-piece bathroom. The exterior features off-street parking and a substantial rear garden with a patio and detached garage. With no upward chain, this property is ideally positioned for investors or homebuyers looking to capitalize on its potential for further development, given its location near local amenities and good transport links.

Investment Analysis

(CB1 area)

Above Market Value

This property is priced +9.0% above area average per sq ft

+9.0%
This Property
£615/sq ft
Area Average
£564/sq ft
Avg Rent (weekly)
£385
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£630,662
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CB1)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +4.7%
5 year growth: +9.3%
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

Perne Road, Cambridge
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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
£2,254
Based on a loan of £468,750 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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