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High Street, Chatteris, Cambs., PE16 6BE

East of England

£150,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
House
Area
2244 sqft

Description

This ground floor commercial space features an inviting entrance with a bay window and additional front-facing windows, along with practical shelving. A secured shared passageway provides access to a rear garden and further entrances. Inside, you'll find a lobby complete with storage options and stairs leading to the first floor. The lounge/diner benefits from ample natural light through two side windows and includes laminate flooring. The adjoining kitchen is equipped with a range of base and eye-level units, offering significant potential for modernisation, including plumbing for laundry appliances and gas connections for cooking. The first floor comprises three bedrooms, each with built-in storage or generous space for furnishings. The main bathroom provides essential amenities but may require updating, while a separate WC offers added convenience. Notably, there's an expansive first-floor store that presents an excellent opportunity for conversion into additional living or recreational space, given its size and multiple windows. The rear garden is hard-surfaced, bordered by planting areas and includes an outbuilding—this area could be transformed into a delightful outdoor retreat or additional functional space. With several areas needing enhancement or modernisation, this property holds promising renovation potential in the East of England market.

Investment Analysis

(PE16 area)

Below Market Value

This property is priced -74.4% below area average per sq ft

-74.4%
Potential saving
This Property
£67/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£264
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£645,610
10% above area average per sq ft
Potential ROI
+222.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE16)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +0.4%
5 year growth: +25.3%
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, Cambs., PE16 6BE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-42.3% since listed
£150,000£25,000(-14.3%)
02/05/2026
Current price
£175,000£85,000(-32.7%)
18/04/2026
£260,000Initial listing
13/03/2026

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