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Hope Street, Cambridge CB1

East of England

£425,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1130 sqft

Description

This spacious Victorian detached house boasts impressive bay windows and is located on a well-regarded residential street in the desirable 'Romsey Town' area. With easy access to local shops along Mill Road and proximity to the railway station, this property presents an excellent opportunity for those looking to invest in a renovation project. Some modernization is required throughout, making it an ideal candidate for buyers seeking to add value. The home features original details such as corbel archways and cast iron fireplaces, which could be restored to enhance its charm further. The layout includes three bedrooms, a living room with a traditional fireplace, a dining room leading to a cellar, and a sizable kitchen that opens into a rear lobby with garden access. While the interiors currently show signs of age, the potential for improvement is vast with thoughtful updates. The property also offers both front and rear gardens, providing outdoor space for further enhancement or landscaping.

Investment Analysis

(CB1 area)

Below Market Value

This property is priced -33.6% below area average per sq ft

-33.6%
Potential saving
This Property
£376/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£400
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£703,662
10% above area average per sq ft
Potential ROI
+51.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CB1)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +4.7%
5 year growth: +8.2%
Investment Disclaimer: Analysis based on CB1 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

Hope Street, Cambridge CB1
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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
£1,505
Based on a loan of £318,750 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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