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Buckingham Drive, Ely

East of England

£375,000

Listed on 01/10/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
1009 sqft

Description

This detached house presents a unique opportunity for refurbishment, situated just half a mile from Ely's bustling High Street. With the potential to create a personalized living space, the property features an entrance hall, a lounge, a dining room, a kitchen, a cloakroom, three bedrooms, and a family bathroom. The exterior boasts a front garden, a driveway with off-road parking for multiple vehicles, a single garage, and an enclosed rear garden. Having been owned by the same family since 1996, this home is being offered with no forward chain, allowing for a straightforward purchase process. Viewings are available by appointment only.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

35out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached home in Ely presents a solid opportunity for buyers looking to invest in a renovation project. While the asking price of £375,000 translates to £372/sqf, which is notably above the local average of £319/sqf, the property's location near amenities and the absence of a chain can make the acquisition process smoother. However, it's essential to note that the total costs, including the renovation range of £40,000 to £80,000, leave the all-in investment stretched against local benchmarks, suggesting that the current price may be on the high side for the area.

The property's dated interiors, including the living spaces, kitchen, and bathroom, indicate significant refurbishment needs. Yet, this canvas offers a chance to create a personalized home tailored to your preferences. With three bedrooms and a manageable garden, there’s ample scope for improvement throughout the property, making it a worthwhile consideration for those ready to take on a project.

Key opportunities

  • Scope for modernizing dated interiors to increase value.
  • Potential to enhance the garden and outdoor space for better appeal.
  • Opportunity to create a personalized home in a sought-after location.

Key risks

  • Asking price plus renovation costs lead to stretched all-in investment versus local benchmarks.

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Map

Location

Buckingham Drive, Ely
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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