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Tower Close, Bassingbourn, SG8

East of England

£500,000

Listed on 02/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1369 sqft

Description

This 4-bedroom detached residence, nestled in a tranquil cul-de-sac within Bassingbourn, presents an excellent canvas for those looking to invest in a property with significant renovation potential. Spanning approximately 1,369 sq ft, the home features a spacious lounge with large windows that flood the area with natural light, a separate dining room ideal for gatherings, and a conservatory that offers versatility as a playroom or additional living space. The kitchen, while functional, could greatly benefit from modernisation and reconfiguration to suit contemporary tastes. The ground floor also includes a convenient toilet. Upstairs, there are four generously sized bedrooms along with a family shower room, providing ample opportunity for enhancement to create personalised spaces. Outside, the private rear garden is well-sized and enclosed, offering plenty of room for landscaping and outdoor entertainment. With features such as solar panels and an air-source heat pump already in place, this property holds promising energy efficiency benefits. There is also considerable scope for extension (subject to planning permission), making it an attractive option for buyers eager to increase its value through investment in improvements.

Investment Analysis

(SG8 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£365/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£617,795
10% above area average per sq ft
Potential ROI
+10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SG8)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -5.1%
5 year growth: -0.7%
Investment Disclaimer: Analysis based on SG8 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

Tower Close, Bassingbourn, SG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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