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Mill Lane, Fordham, CB7

East of England

£590,000
Listed on 02/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1846 sqft

Description

This detached 4-bedroom bungalow, located in the tranquil village of Fordham, presents an exciting opportunity for renovation and expansion. Set on a generous plot with scenic river views at the rear, the property features a contemporary open-plan kitchen and dining area that boasts natural light from multiple aspects and easy access to a spacious patio. The living areas include a large lounge with a dual aspect and fireplace, alongside a versatile conservatory that overlooks the garden. Each of the four well-sized bedrooms offers ample space, particularly the main bedroom which includes an en-suite bathroom. The exterior is equally inviting with secure parking for several vehicles and a private garden bordered by mature planting. With scope to extend subject to planning permission, this residence allows potential buyers to add significant value through thoughtful renovations. Its prime location also provides access to local amenities while being only a short drive from larger towns.

Investment Analysis

(CB7 area)

Below Market Value

This property is priced -2.5% below area average per sq ft

-2.5%
Potential saving
This Property
£320/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£665,326
10% above area average per sq ft
Potential ROI
+4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -8.4%
5 year growth: +1.8%
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, CB7
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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
£2,105
Based on a loan of £442,500 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

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