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Highfields Road, Highfields Caldecote CB23 - Image 1
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Highfields Road, Highfields Caldecote CB23

East of England

£995,000
Listed on 12/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
2943 sqft

Description

Spanning approximately 1.5 acres, this property presents a noteworthy investment opportunity with full planning permission in place for the development of six detached homes. The existing bungalow, covering around 3000 sq. ft., is in good condition and features a well-thought-out layout comprising three reception areas, including a spacious living room with vaulted ceilings. Additional amenities include a modern kitchen with an expansive central island, utility space, and up to five bedrooms featuring two en-suites, alongside a family bathroom and shower room. The approved plans entail the demolition of the current structure to make way for four substantial detached houses of about 2775 sq. ft. each, plus two two-bedroom bungalows. Investors should conduct due diligence on local services, planning permissions (ref: 24/01754/ful), and other conditions to capitalize on this promising site.

Investment Analysis

(CB23 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£338/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£354
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£350,000 - £550,000
Target Value
£1,211,560
10% above area average per sq ft
Potential ROI
-21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (CB23)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +4.3%
5 year growth: +21.3%
Investment Disclaimer: Analysis based on CB23 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

Highfields Road, Highfields Caldecote CB23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,589
Based on a loan of £746,250 over 30 years at 4.06% 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.

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