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Water Lane, Oakington CB24

East of England

£475,000

Listed on 15/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1222 sqft

Description

This four-bedroom detached house offers considerable renovation potential and is situated on a generous corner plot with ample outdoor space. The property is ideally suited for buyers looking to undertake a project, with the opportunity to extend the home (subject to local regulations). The layout includes a spacious L-shaped living and dining area enhanced by large windows that provide views of both front and rear gardens, along with access to the rear via patio doors. A traditional fireplace adds character to this central living space. The kitchen features fitted cupboards, an oven, and hob, with additional space designated for appliances. A side door leads directly to the garden area. The entrance hall includes a cloakroom and WC, contributing to overall convenience. Upstairs, you will find four well-proportioned bedrooms; two equipped with built-in storage solutions. The family bathroom comprises a bath, separate shower cubicle, basin, and WC. Notable amenities include double glazing and central heating powered by gas. The exterior boasts extensive gardens at the front, side, and rear—ideal for landscaping or further development. With driveway parking leading to a double garage located at the end of the garden, this property presents an exciting opportunity for investors or families eager to transform their living space.

Investment Analysis

(CB24 area)

Below Market Value

This property is priced -0.9% below area average per sq ft

-0.9%
Potential saving
This Property
£389/sq ft
Area Average
£392/sq ft
Avg Rent (weekly)
£330
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£527,330
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CB24)

Area prices are rising by +5.7% over the last 12 months
3 year growth: -1.3%
5 year growth: +11.6%
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

Water Lane, Oakington CB24
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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
£1,794
Based on a loan of £356,250 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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