High Street, Sawston
East of England
£350,000
Listed on 30/10/2026
Listed on 30/10/2026
The listing
Property details
Bedrooms
N/AType
Retail Property (high Street)Area
738 sqftDescription
Freehold mixed-use investment comprising two ground-floor retail premises and three self-contained one-bedroom flats, with separate entrances to the residential accommodation. The apartments are stated to require complete refurbishment. The property is prominently positioned on Sawston High Street, with the commercial space arranged beneath a slate roof. The listing reports total annual rental income of £35,800 and states that the ground floor of 18-20 High Street is let to Coral Racing Limited under a lease dated 30 July 2009, at a rent of £15,000 per annum. Lease details are available from the agent.
A large overgrown area lies to the rear. The listing suggests it may offer scope for garden use or parking, although it does not provide access from the car park to the north. Rear extension potential is also mentioned, subject to planning; feasibility would need to be checked. The property is within Class E, with the authorised use described as a licensed betting shop or retail use. Mains electricity and water are understood to be available, but services and equipment have not been tested. The agent reports EPC ratings ranging from F to B across the units. The freehold is offered by private treaty, with offers sought in the region of £350,000, exclusive of VAT.
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 is a substantial mixed-use project on Sawston High Street: three one-bedroom flats above or alongside retail premises, with separate entrances to the residential accommodation and an overgrown rear area that could be reworked. The visible street frontage and slate roof appear broadly intact, while the residential interiors shown are dated and the listing says all three flats need complete refurbishment—offering scope to reshape and finish the accommodation rather than simply refresh it.
The price is not a value advantage: £350,000 is about 3.5% above the local average on a £/sqf basis. More importantly, the asking price combined with a mid-to-substantial programme of works leaves the overall outlay stretched against local benchmarks for this floor area; that comparison is with current local values, not a forecast of what the property might be worth after renovation.
Key opportunities
- Rebuild and finish the three one-bedroom flats as a coordinated residential project, with the separate entrances helping preserve their independence from the retail premises.
- Clear and improve the overgrown rear area, exploring garden or parking use; any extension would remain subject to planning.
- The high-street setting combines residential accommodation with retail premises and access to Sawston amenities and nearby commuter links.
Key risks
- All three flats are stated to require complete refurbishment, so this is a substantial multi-unit programme rather than a cosmetic refresh; allow for the time and coordination involved.
- At the asking price, the purchase combined with a mid-to-substantial works programme appears stretched against local benchmarks for this floor area, leaving limited room for the project economics.
- Purchase plus the works band looks tight after allowing for the asking price and a non-cosmetic works programme — roughly 30% above what comparable floor area achieves locally in current condition; post-works value sits outside our data.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Nearest stations
Whittlesford Parkway Rail Station
1.4 miles
Train · Whittlesford
Shelford (Cambs) Rail Station
2.1 miles
Train · Great Shelford
Cambridge South Rail Station
3.8 miles
Train · Cambridge
Great Chesterford Rail Station
4.6 miles
Train · Great Chesterford
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,430
Based on a loan of £262,500 over 30 years at 5.13% 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.
This calculation uses non-residential (land/commercial) tax rates.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
