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High Street, Soham, Ely CB7 - Image 1
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High Street, Soham, Ely CB7

East of England

£280,000
Listed on 30/12/2025

Property Details

Bedrooms
N/A
Type
Flat

Description

This three-storey property in the sought-after town of Soham offers an attractive investment opportunity. Currently divided into three flats, this building has the potential for further development by converting two vacant rooms on the first floor into a fourth flat, subject to planning permissions. Previously generating around £28,000 annually in rental income, it stands empty now and is ready for enhancements that could significantly increase its value. The flats come with allocated parking spaces and are situated within easy reach of local amenities, including shops and schools. While some updating is necessary, this property provides a solid foundation for prospective buyers looking to make their mark in the rental market or obtain a multi-family residence.

Investment Analysis

(CB7 area)
Area Average
£329/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -5.3%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on CB7 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

High Street, Soham, Ely CB7
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE