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Brick Lane, Mepal, Ely

East of England

£250,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
House
Area
1152 sqft

Description

Located in the sought-after village of Mepal, this three-bedroom semi-detached house presents a substantial opportunity for investment and refurbishment. Set on a generous plot, the property includes an expansive rear garden that not only offers space for outdoor activities but also potential for extension, pending necessary planning approvals. Inside, the accommodation is spread over two levels and features an entrance hallway with stairs leading to the first floor. The ground floor comprises a spacious reception room, a separate dining room, a fitted kitchen, and a utility room with a ground floor WC. Additionally, there is a covered canopy area that provides views of the garden. The property comes with a garage equipped with an automatic door alongside ample storage offered by three sheds and a greenhouse. On the upper floor, you will find three well-sized bedrooms and a family bathroom with both bath and separate shower facilities. While modernisation across the home would enhance its appeal significantly, it stands as a blank canvas ideal for buyers looking to establish their perfect family home in this charming village environment. Mepal itself is conveniently located approximately 7 miles from Ely and 16 miles from Cambridge, featuring essential amenities like a village shop, primary school, public house, recreation ground, and good access to the A10 road for commuting purposes.

Investment analysis

(CB6 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£217/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£403,793
10% above area average per sq ft
Potential ROI
+39.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CB6)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -1.3%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on CB6 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

Brick Lane, Mepal, Ely
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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
£944
Based on a loan of £187,500 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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