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Mildenhall Road, Fordham, Ely CB7

East of England

£475,000

Listed on 24/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1082 sqft

Description

Presenting an opportunity to acquire this detached bungalow nestled in the desirable village of Fordham. This property features a practical layout that includes an entrance hall, a spacious living/dining room, kitchen, two comfortable double bedrooms, a family bathroom, and a sun room that overlooks the expansive grounds. The total plot size is approximately 4.95 acres (sts), offering considerable space that incorporates multiple outbuildings and a garage, providing flexibility for various uses pending necessary approvals. The property is being sold with no onward chain, making it an appealing prospect for investors or those looking to create their dream home in a sought-after location. The existing accommodation presents potential for modernisation across various aspects, particularly in the kitchen and bathroom areas. The large outdoor space can be transformed into gardens or utilized for additional development opportunities. This property offers not only ample room for expansion but also beautiful countryside views from both the interior and exterior spaces.

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Investment analysis

(CB7 area)

Above Market Value

This property is priced +34.7% above area average per sq ft

+34.7%
This Property
£439/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£387,886
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CB7)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on CB7 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

Mildenhall Road, Fordham, Ely CB7
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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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