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Pelham Close, Cambridge CB24

East of England

£300,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
958 sqft

Description

Situated in the desirable village of Cottenham, near Cambridge, this three-bedroom mid-terrace home offers a remarkable chance for those looking to customize and enhance their living space. The property is available without a chain and presents an ideal canvas for renovation enthusiasts. On the ground floor, you will find adaptable living spaces including a generously sized reception room that invites comfort and social gatherings, alongside a fitted kitchen and an additional room that can serve as a study or playroom—perfect for various lifestyle needs. The first floor features two spacious double bedrooms along with a cozy single bedroom and a family bathroom, providing ample accommodation for families or guests. Outside, the property boasts off-street parking through a driveway and a private rear garden that offers potential for landscaping or outdoor leisure activities. This residence benefits from its proximity to essential local amenities, schools, and transport links, making it an excellent option for both owner-occupiers and investors seeking substantial upside potential.

Investment Analysis

(CB24 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£313/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£345
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£419,149
10% above area average per sq ft
Potential ROI
+21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CB24)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +0.5%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on CB24 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

Pelham Close, Cambridge CB24
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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
£1,063
Based on a loan of £225,000 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.

Stamp Duty Calculator

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