Prickwillow Road, Isleham, Ely, Cambridgeshire, CB7
East of England
£150,000Guide Price
Listed on 06/03/2026
Listed on 06/03/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1070 sqftFeatures
- Garden
- Parking
Description
This property presents a compelling refurbishment opportunity within the historic Old School House, located in the desirable village of Isleham. With approved planning permission (Ref: 25/00821/FUL) from East Cambridgeshire District Council, the existing layout of five flats can be transformed into two spacious dwelling houses. The unit available for sale encompasses the east wing of this charming building, where an existing 1-bedroom and a 2-bedroom apartment can be combined to form a semi-detached 3-bedroom residence. Notably, the property is not listed, which provides greater flexibility for alterations. Occupying a generous plot with off-street parking and a sizeable rear garden, this project allows for the creation of a substantial family home amidst picturesque rural surroundings while still providing easy access to amenities and transport links to Ely, Cambridge, and Newmarket. This is an exceptional chance to capitalize on a unique asset with great potential for appreciation in value through thoughtful renovations.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
The £150,000 guide price is a standout entry point at about £140/sq ft, well below the local average of £325/sq ft. That makes this a compelling acquisition opportunity, though bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
This is a substantial project in the former schoolhouse’s east wing: the photos show damaged and peeling finishes, exposed lath, worn floors and partly stripped interiors, alongside old kitchen and bathroom fittings. In return, there is scope to shape the consented three-bedroom home, with a period flint-and-brick exterior, a generous-looking garden and off-street parking adding to its appeal. The roof appears broadly intact in the photos; check the approved scheme and implementation requirements as part of due diligence.
Key opportunities
- Use the consented consolidation of the two flats to shape a three-bedroom home within the former schoolhouse’s east wing; verify the approved scheme and implementation requirements.
- Rebuild the stripped, damaged interiors as a coherent whole, including the worn kitchen and bathroom areas, rather than making piecemeal cosmetic updates.
- Make the most of the period flint-and-brick exterior, generous-looking garden and stated off-street parking.
Key risks
- Stripped interiors, exposed lath and damaged finishes across several rooms make this a heavy full-interior programme; plan for a substantial rebuild and longer delivery timeline, not a cosmetic refresh.
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Transport
Nearest stations
Shippea Hill Rail Station
3.5 miles
Train · Shippea Hill
Soham
4.2 miles
Train · Soham
Ely Rail Station
5.1 miles
Train · Ely
Littleport Rail Station
6.3 miles
Train · Littleport
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£613
Based on a loan of £112,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-18.9% since listed
£150,000£35,000(-18.9%)
07/05/2026£185,000Initial listing
22/03/2026Services
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