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Perne Road, Cambridge CB1

East of England

£625,000

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1059 sqft

Description

This charming semi-detached house, built in the 1930s, is situated in the desirable Coleridge area and presents a promising opportunity for renovation. Featuring a spacious driveway and garage, the property includes well-maintained front and rear gardens that add to its appeal. The ground floor comprises an entrance hall with storage options, three versatile reception rooms including a bay-windowed living room, a dining room leading into a conservatory, and a functional kitchen equipped with integrated appliances and an adjoining utility space. Upstairs offers three bedrooms along with a family bathroom and separate W.C., while the large loft opens up potential for expansion (subject to obtaining planning permission). Outside, the driveway is complemented by double side gates leading to the garage and a tranquil garden featuring various shrubs and paved seating areas. Conveniently located within easy reach of Addenbrooke's Hospital, city centre amenities, parks, and reputable schools, this property stands ready for updates that can increase its value significantly. Architectural plans are available for review, making this an ideal choice for those looking to invest in an upgrade.

Investment Analysis

(CB1 area)

Above Market Value

This property is priced +4.9% above area average per sq ft

+4.9%
This Property
£590/sq ft
Area Average
£563/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£655,664
10% above area average per sq ft
Potential ROI
-2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CB1)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +5.1%
5 year growth: +7.9%
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

Perne Road, Cambridge CB1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,361
Based on a loan of £468,750 over 30 years at 4.45% 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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