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Millcroft, Soham, CB7

East of England

£199,995

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
850 sqft

Description

This end-terrace property presents a remarkable opportunity for those looking to invest or embark on their first home ownership journey. Nestled in the central area of Soham, it offers significant potential for value enhancement through renovation. The layout features two spacious reception areas, which include both a sitting room and a distinct dining room, along with a kitchen that has ample potential for transformation into an expansive kitchen/breakfast space. An understairs cupboard adds further practical storage options. Upstairs, the property accommodates three well-proportioned bedrooms alongside a family bathroom. Outside, there are two functional outbuildings, one being an outdoor WC and the other a utility room. Additionally, a single garage located at the end of the garden provides extra storage or parking facilities. Recent improvements include the installation of a modern combi boiler. While the property requires some updates, it stands as an attractive proposition for investors, developers, or first-time buyers eager to capitalize on its renovation prospects in this convenient location. Soham itself is an evolving town with approximately 12,000 residents, situated in East Cambridgeshire and conveniently positioned between Ely and Newmarket. Excellent connectivity via road and rail makes access to Cambridge and London straightforward. Soham train station’s reopening has enhanced travel options significantly. The town boasts rich historical roots dating back to Roman times with charming streets filled with period architecture and an inviting atmosphere. Local amenities include diverse shops catering to everyday needs as well as schools, recreational facilities like sports centers and clubs, and beautiful public footpaths leading into serene countryside landscapes.

Investment Analysis

(CB7 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£235/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£304,717
10% above area average per sq ft
Potential ROI
+35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB7)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on CB7 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

Millcroft, Soham, CB7
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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
£756
Based on a loan of £149,996 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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