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Ermine Way, Arrington, SG8

East of England

£850,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1722 sqft

Description

This spacious 3-bedroom detached bungalow presents an excellent opportunity for renovation and investment in the desirable village of Arrington. With over 1700 square feet of living space, this property features two reception rooms, a well-sized kitchen with utility area, and three generously proportioned bedrooms, complemented by a family bathroom. The extensive plot includes a large garden suitable for potential extensions or even the possibility of adding another dwelling (subject to planning permission). The front of the property is appealing, with well-maintained lawns and hedgerows, while the rear garden offers substantial space with established borders and room for outdoor entertaining.<br><br>Inside, the entrance hallway is welcoming and paves the way to the main accommodation. The kitchen boasts ample cabinetry and dual aspect windows which could be modernized to enhance its functionality. Adjacent is a dining room that overlooks the garden and features a fireplace that could be revitalized. The lounge benefits from natural light pouring in through multiple sets of French doors and could be reimagined into a contemporary space. Each bedroom presents opportunities to create comfortable personal retreats.<br><br>The backyard is particularly noteworthy, offering not only spacious grassy areas but also views over surrounding countryside—ideal for those looking to customize their outdoor living experience or explore further development options.<br><br>Located conveniently near Royston and Cambridge, Arrington offers a blend of rural charm with access to local amenities including schools, leisure facilities, and public transport links. This property stands as a blank canvas ready for innovative minds to transform its potential into reality.

Investment Analysis

(SG8 area)

Above Market Value

This property is priced +19.7% above area average per sq ft

+19.7%
This Property
£494/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£326
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£781,263
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -4.6%
5 year growth: 2.7%
Investment Disclaimer: Analysis based on SG8 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

Ermine Way, Arrington, SG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,114
Based on a loan of £637,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE