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Carter Street, Fordham, Ely, Cambridgeshire

East of England

£510,000
Listed on 22/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1131 sqft

Description

This well-proportioned modern detached home features four bedrooms and is positioned within a private road, offering beautiful views over adjacent farmland. While the property is currently in excellent condition, it also presents significant opportunities for enhancement. The spacious living room and open-plan kitchen/dining area are inviting spaces that can be further refined to match personal tastes or modern trends. The standout feature of this property is its expansive attic space, which has the potential for conversion into additional living quarters, subject to obtaining necessary planning permissions. Such an improvement could significantly increase both the value and functionality of the home. The layout includes a generous entrance hall, utility room, and a master bedroom with an ensuite shower room, alongside three additional bedrooms with picturesque views. Outside, the corner plot offers a garden space with room to establish a more elaborate landscape or outdoor entertainment area, further enhancing its appeal. Located near Fordham village, which boasts local amenities and good transport links to London's city center via Cambridge and Ely, this property represents an enticing investment opportunity in a desirable area.

Investment Analysis

(CB7 area)

Above Market Value

This property is priced +39.8% above area average per sq ft

+39.8%
This Property
£451/sq ft
Area Average
£323/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£401,409
10% above area average per sq ft
Potential ROI
-28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -7.5%
5 year growth: +3.7%
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

Carter Street, Fordham, Ely, Cambridgeshire
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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
£1,839
Based on a loan of £382,500 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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