Worst House on the Street Logo
New Street, St Neots, PE19 - Image 1
New Street, St Neots, PE19 - Image 2
New Street, St Neots, PE19 - Image 3
New Street, St Neots, PE19 - Image 4
New Street, St Neots, PE19 - Image 5
New Street, St Neots, PE19 - Image 6

New Street, St Neots, PE19

East of England

£375,000

Listed on 16/06/2026

Property Details

Bedrooms
1
Type
Semi Detached
Area
850 sqft

Description

This distinctive freehold commercial property is strategically located at a prominent corner in the bustling centre of St Neots. Showcasing traditional Victorian craftsmanship with its attractive red brick façade and slate roof, this building presents a compelling opportunity for investors and developers looking to tap into the local market's potential. Currently vacant, the property encompasses approximately 1,874 sq ft (174 sq m), featuring a spacious ground-floor retail area of about 842 sq ft (78.18 sq m) that boasts excellent front visibility along New Street and Tan Yard. This prime positioning ensures high foot traffic, making it ideal for various retail or service-oriented businesses.

On the upper levels, accessed via a private entrance, prospective owners will find flexible office accommodation spread across two floors totaling around 1,032 sq ft (95.86 sq m). The layout includes multiple office rooms and necessary facilities such as restrooms and kitchen areas, appealing to a broad spectrum of commercial uses permitted under Class E Use.

The property's historical significance is accentuated by its Blue Plaque recognition linked to the notable 'St Neots Quads'. While it has served as a betting shop for several years at street level and as an office space above, it now awaits new ownership eager to revitalize its potential. With mains utilities available, including water, gas, electricity, and drainage, this property stands ready for customization and renovation to suit diverse business needs.

Investment Analysis

(PE19 area)

Above Market Value

This property is priced +29.1% above area average per sq ft

+29.1%
This Property
£441/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£319,630
10% above area average per sq ft
Potential ROI
-31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PE19)

Area prices are falling by -6.9% over the last 12 months
3 year growth: -5.5%
5 year growth: +6.1%
Investment Disclaimer: Analysis based on PE19 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

New Street, St Neots, PE19
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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

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