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Ross Street, Cambridge

East of England

£475,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
873 sqft

Description

This Victorian end-of-terrace house on Ross Street presents a promising opportunity for renovation and investment. With a functional layout that includes an entrance hall, sitting room, dining room, kitchen, lean-to, cloakroom, as well as two bedrooms and a bathroom upstairs, this property offers ample space to reimagine the interiors. The front and rear gardens provide outdoor space with potential for enhancement. While the house is equipped with gas-fired central heating, it does require some updating to meet modern standards. Additionally, there is scope for further development subject to obtaining planning consent. Located in the desirable Romsey Town area, this property is just a short walk from the historic city centre and conveniently close to the mainline railway station and local amenities on Mill Road. The proximity to major employers like Addenbrooke's Hospital Biomedical Campus and various schools makes it an attractive proposition for families and professionals alike. Permit-free parking enhances practicality for residents. The existing structure features a variety of original elements that could be retained or enhanced during renovations, making it an ideal candidate for those looking to invest in a project with significant potential.

Investment Analysis

(CB1 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£544/sq ft
Area Average
£564/sq ft
Avg Rent (weekly)
£385
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£541,897
10% above area average per sq ft
Potential ROI
+5.2%
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

Ross Street, 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
£1,713
Based on a loan of £356,250 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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