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East of England
£375,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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