Worst House on the Street Logo
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 1
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 2
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 3
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 4
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 5
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 6
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 7
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 8
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 9
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 10
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 11
Newmarket Road, Fordham, Ely, Cambridgeshire, CB7 - Image 12

Newmarket Road, Fordham, Ely, Cambridgeshire, CB7

East of England

£300,000

Listed on 23/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
711 sqft

Description

This property offers a unique chance to take on a refurbishment project with significant potential for expansion. Similar homes in the vicinity have successfully undergone extensions to create additional bedrooms and living space, highlighting the possibilities for future development. Set on a substantial 1/6 acre plot, this property includes a brick store outside and benefits from UPVC double glazing along with oil central heating. Nestled in the desirable village of Fordham, it enjoys a tranquil rural setting surrounded by fields while still being conveniently close to local amenities. The interior features a kitchen/diner equipped with essential storage options and plumbing for modern appliances, alongside a separate lounge that provides access to natural light from side and rear windows. On the first floor, two bedrooms are complemented by a bathroom featuring necessary amenities. Outdoor space is generously proportioned with lawns at both front and rear, as well as ample off-street parking available. Fordham itself is an inviting village that beautifully balances countryside charm with community spirit. Its proximity to Newmarket ensures that residents can enjoy both peaceful living and easy access to urban conveniences.

Investment Analysis

(CB7 area)

Above Market Value

This property is priced +28.8% above area average per sq ft

+28.8%
This Property
£422/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£256,255
10% above area average per sq ft
Potential ROI
-24.6%
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

Newmarket Road, Fordham, Ely, Cambridgeshire, CB7
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates