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Old School Lane, Milton, Cambridge CB24

East of England

£500,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Detached
Area
2038 sqft

Description

This extensive detached family residence is situated on a generous plot in the desirable village of Milton, providing over 2,000 sq ft of flexible living space ripe for renovation. While it currently requires modernisation, this property presents an excellent opportunity to enhance its value and tailor it to your personal style. The well-proportioned layout includes multiple reception areas, three spacious bedrooms, and a detached double garage, making it an ideal canvas for transformation. The ground floor features a welcoming entrance hall, a cloakroom, a large lounge with dual aspects and a fireplace, along with an impressive gallery/family area that overlooks the gardens. There's also a kitchen/dining room equipped with a utility room and an additional playroom/family room for versatile usage. Upstairs hosts three bedrooms and a family bathroom; the principal bedroom is notably generous in size. Set within mature gardens that offer both front and rear spaces, this property further benefits from ample off-road parking via the driveway leading to the garage. With potential for adding significant value through upgrades and improvements, this home could shine as a long-term family residence in one of the region's most sought-after locations.

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Investment analysis

(CB24 area)

Below Market Value

This property is priced -37.2% below area average per sq ft

-37.2%
Potential saving
This Property
£245/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£329
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£875,983
10% above area average per sq ft
Potential ROI
+48.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (CB24)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -2.7%
5 year growth: +10.4%
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

Old School Lane, Milton, Cambridge 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
£1,889
Based on a loan of £375,000 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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