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Pratt Street, Soham, Cambridgeshire CB7

East of England

£150,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
685 sqft

Description

This two-bedroom residence offers an appealing layout and ample living space, making it a promising candidate for transformation. With its strong foundation, the property presents significant renovation potential for buyers looking to add value or create a personalized living environment. Located in a well-connected neighborhood, it is ideal for first-time homeowners, investors, or those considering downsizing. Upon entering, you're greeted by a central hallway that leads to the main areas of the home. The front lounge is spacious and filled with natural light, perfect for relaxation or entertaining guests. At the back, the kitchen diner provides a versatile area for cooking and dining, with direct access to an outdoor space that could be further developed to enhance functionality. Both bedrooms are generously sized and adaptable to various needs such as guest accommodation or a home office. The bathroom includes a basic three-piece suite that would benefit from modernizing. Outside, you'll find on-street parking options available nearby and a manageable rear garden space that demands minimal upkeep while still offering outdoor enjoyment. The surrounding community boasts convenient access to local shops, schools, and transport links that facilitate easy commuting and leisure activities. The property’s location combines residential comfort with accessibility to urban amenities and green spaces, making it an attractive investment opportunity for those willing to put in some effort to renovate.

Investment Analysis

(CB7 area)

Below Market Value

This property is priced -32.7% below area average per sq ft

-32.7%
Potential saving
This Property
£219/sq ft
Area Average
£325/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£245,151
10% above area average per sq ft
Potential ROI
+36.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB7)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -9.3%
5 year growth: +2.1%
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

Pratt Street, Soham, Cambridgeshire CB7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% 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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