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Mere Way, Cambridge, CB4

East of England

£450,000

Listed on 09/01/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
883 sqft

Description

This two-bedroom semi-detached property, located on a desirable corner plot, presents an excellent opportunity for those looking to invest in a family home with renovation potential. The layout features a spacious living room and a newly extended kitchen that opens into a dining area, promoting an inviting and functional atmosphere. There is also the added convenience of a utility space and separate WC on the ground floor. Upstairs, you'll find two ample double bedrooms, including a sizable principal bedroom equipped with built-in wardrobes, alongside a family bathroom. The outdoor space is particularly noteworthy due to its corner plot positioning, which provides room for expansion or reconfiguration (subject to planning approval). A detached garage and off-road parking enhance accessibility and storage options while complementing the property's practical layout. Though the garden has been designed for low maintenance, there remains room for enhancement to suit individual tastes. Situated in the heart of a thriving residential community in north Cambridge, this home grants easy access to local shops, cafes, schools, and green spaces. With proximity to major transport links such as Cambridge Science Park and the A14, commuters will find it convenient for travel both into the city and beyond. This property not only caters to current living needs but also offers significant scope for future development.

Investment Analysis

(CB4 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£510/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£344
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£488,030
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CB4)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +0.9%
5 year growth: +6.3%
Investment Disclaimer: Analysis based on CB4 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

Mere Way, Cambridge, CB4
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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
£1,605
Based on a loan of £337,500 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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