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St Albans, Fordham Road, Newmarket

East of England

£500,000

Listed on 03/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1314 sqft

Description

This detached four-bedroom home, located in a desirable area just north of the town centre, offers significant scope for improvement and personalization. The property features two spacious reception areas, including a living room with a gas fire and conservatory access that invites natural light. The dining room benefits from direct garden access through double-glazed patio doors. The kitchen, while functional with its range of cabinets and integrated appliances, is ready for modern upgrades. There's also a utility room that provides additional storage and space for laundry needs. Upstairs, the main bedroom includes an en suite shower room, alongside three additional bedrooms that can be refreshed to suit contemporary tastes. Outside, the garden presents a lovely setting but could benefit from landscaping enhancements to maximize its potential. With a double garage offering ample parking and storage solutions, this property stands as a strong investment opportunity with no onward chain, allowing for immediate renovation efforts.

Investment Analysis

(CB8 area)

Above Market Value

This property is priced +12.9% above area average per sq ft

+12.9%
This Property
£381/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£487,172
10% above area average per sq ft
Potential ROI
-11.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB8)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -2.0%
5 year growth: -0.1%
Investment Disclaimer: Analysis based on CB8 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

St Albans, Fordham Road, Newmarket
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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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