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Mill Lane, Fordham

East of England

£355,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1434 sqft

Description

This detached period home presents a promising opportunity for renovation, situated on an elevated plot of approximately 0.14 acres in a desirable village setting. The property offers a solid foundation for modernization and potential expansion (subject to planning), featuring two well-sized reception rooms, a lean-to garden room, and three bedrooms on the first floor along with a bathroom. An appealing driveway leads up to the house, which is surrounded by private gardens and is being sold without onward chain. The current configuration includes an oil-fired radiator central heating system and numerous uPVC windows and doors, but updating will be required to fully realize its potential as a family home or investment property. The location boasts local amenities and attractions, including shops, restaurants, and leisure facilities. With Fordham positioned only five miles from Newmarket—famous for its horse racing heritage—and within easy reach of Cambridge and Ely via regular rail services to London, this area combines rural charm with accessibility. Significant value can be added through thoughtful renovations that bring modern comfort while maintaining the character of this period property.

Investment Analysis

(CB7 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£248/sq ft
Area Average
£325/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£513,207
10% above area average per sq ft
Potential ROI
+23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -9.3%
5 year growth: +2.1%
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

Mill Lane, Fordham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,257
Based on a loan of £266,250 over 30 years at 3.91% 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

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