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Gerard Close, Cambridge, CB5

East of England

£425,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1126 sqft

Description

Nestled in a tranquil, tree-lined street, this property presents an excellent opportunity for renovation enthusiasts or investors looking to create a unique living space. Boasting a south-facing rear garden that bathes the home in natural light, especially in the kitchen and dining areas, the outdoor aspect adds considerable charm and potential. This residence has not been updated in several years, making it a blank canvas for those seeking to personalize their home according to their tastes. The existing layout offers a clear foundation for transformation, with possibilities to extend both at the rear and side of the house, subject to planning permissions. The current utility area featuring a store and WC also hints at exciting options for expansion and redesign into an open-plan living configuration that maximizes garden views. The interior comprises a generously sized living room filled with light from large front windows, ready for modern updates; a separate dining room that could be reimagined into an open-plan space; and a functional yet dated kitchen needing complete refurbishment. Essential amenities include a ground floor lavatory and a bathroom requiring full renovation, providing scope for buyers to implement contemporary finishes. Additionally, three bedrooms offer flexibility; the main bedroom is spacious with built-in storage while the other two provide options for family accommodation or home office usage. Located conveniently close to Cambridge city centre, local shops, and parks like Coldhams Common—ideal for outdoor activities—this property signifies an exceptional chance to invest in a developing neighborhood where one can establish a long-term residence tailored to individual preferences.

Investment Analysis

(CB5 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£377/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£397
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£641,595
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
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CB5)

Area prices are falling by -14.3% over the last 12 months
3 year growth: -22.3%
5 year growth: +2.9%
Investment Disclaimer: Analysis based on CB5 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

Gerard Close, Cambridge, CB5
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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
£1,516
Based on a loan of £318,750 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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