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Teversham Drift, Cambridge CB1 - Image 1
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Teversham Drift, Cambridge CB1

East of England

£425,000
Listed on 25/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
882 sqft

Description

This two-bedroom residence is positioned on a sizeable corner plot in Cambridge, presenting an excellent investment opportunity with its granted planning permission (Ref: 26/00711/hful) for an expansive extension. Currently, the home features a well-organized layout that includes a welcoming entrance hall leading into a bright and spacious living room, suitable for comfortable living and entertaining. The rear modern kitchen/diner offers ample storage and work surfaces, complemented by a convenient ground floor WC. Upstairs, the property boasts two generously sized double bedrooms, each equipped with built-in storage, along with a family bathroom. The interior space is functional and ready for immediate occupancy while also showcasing considerable potential to enhance value through strategic renovations. The outdoor area consists of a private rear garden that is primarily lawned, featuring a patio seating area and surrounded by fencing and brick walls. The advantageous corner position not only provides more space but also flexibility for landscaping or outdoor improvements, particularly in light of the approved plans for extending the footprint of the home into a four-bedroom family residence with an open-plan design. This significant renovation would allow for modern living configurations such as an expansive kitchen/living space and additional utility facilities. Conveniently located near Cambridge city centre, Addenbrooke's Hospital, local amenities, and green spaces makes this property attractive to families and professionals alike. This listing represents a unique chance to acquire a home that not only offers immediate comfort through its eco-friendly features but also holds substantial potential for future development.

Investment Analysis

(CB1 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£482/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£400
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£549,230
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Teversham Drift, 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.

Stamp Duty Calculator

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