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Main Street, Westley Waterless CB8

East of England

£325,000

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
775 sqft

Description

This 3-bedroom semi-detached cottage presents a valuable opportunity for renovation and expansion, sitting on an appealing plot of approximately 0.26 acres in a charming rural locale. The property offers around 770 sq ft of living space that can be modernized or extended (subject to planning permission) to fully capitalize on its potential. Key features include an inviting entrance hall leading to a cozy living room with an open fireplace and storage options, along with a kitchen/dining area equipped with basic amenities including wall and base units, but requiring updates. The first floor comprises three bedrooms, each defining its own character with features like a cast iron fireplace and walk-in wardrobe. Outside, the property boasts generous gardens complete with multiple outbuildings and ample driveway space, ideal for gardening enthusiasts or those looking to create outdoor entertaining areas. With no onward chain and the possibility for significant improvements, this cottage is ripe for investment in a sought-after setting.

Investment Analysis

(CB8 area)

Above Market Value

This property is priced +24.4% above area average per sq ft

+24.4%
This Property
£419/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£287,335
10% above area average per sq ft
Potential ROI
-22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB8)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -2.0%
5 year growth: -0.1%
Investment Disclaimer: Analysis based on CB8 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

Main Street, Westley Waterless CB8
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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
£1,228
Based on a loan of £243,750 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.

Stamp Duty Calculator

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