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Richmond Road, Cambridge

East of England

£650,000

Listed on 18/06/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1252 sqft

Description

This distinctive 4-bedroom detached bungalow presents a valuable opportunity for renovation and investment in a sought-after area, ideally situated within the catchment areas for Mayfield and Chesterton schools. Spanning approximately 1250 sq. ft., the property, while in need of modern updating, showcases original period features that can be preserved or enhanced during refurbishment. The well-designed layout includes an inviting entrance hall with useful storage solutions and discreet access to the kitchen. The spacious main reception area measures over 26 feet long, boasting full-width windows and a vaulted ceiling that flood the space with natural light, accompanied by a cozy fireplace and direct garden access. The flexible arrangement of four bedrooms offers various possibilities, with the main bedroom nearly 20 feet long and featuring an en-suite shower room — ideal as a secondary reception if desired. There is also a family bathroom equipped with both shower and bath facilities. The outdoor area is equally appealing, with a generous plot that includes mature gardens enclosed by walling and fencing, providing privacy along with a practical double-length garage for parking. It’s worth noting that Japanese knotweed has been identified in the garden but is currently under professional treatment secured by the sellers, ensuring peace of mind for future owners aiming to restore this property to its full potential.

Investment Analysis

(CB4 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£519/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£685,570
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB4)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +0.7%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on CB4 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

Richmond Road, Cambridge
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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
£2,456
Based on a loan of £487,500 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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