54 Mill Lane, Fordham, Ely, Cambridgeshire CB7 5NQ
By Auction House
£ 300,000
Reviews
3 out of 5 stars
Auction House says ..
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 23 OCTOBER AT 11:00AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Property Oracle says ..
This three-bedroom, two-bathroom property located at 54 Mill Lane, Fordham, presents a mixed bag of features. The property is in a desirable village setting in Cambridgeshire, relatively close to a highly-rated primary school and benefits from access to open space. The presence of a garden also contributes positively to its appeal.
However, the interior of the house looks dated and is likely in need of modernisation. The kitchen and bathrooms, particularly, appear somewhat outdated. While the property appears structurally sound, the potential buyer should budget for renovations and updates to bring it up to current standards. The fact that this property is listed for sale via livestream auction should also be considered; such sales often reflect a need to sell quickly and may not always attain the full market value.
In summary, 54 Mill Lane, Fordham, represents an opportunity for someone looking for a project in a highly-desirable village location. The property would benefit from renovation but is potentially offered at a competitive price for the area, assuming it sells close to its guide price. However, potential buyers must be prepared for renovations and the inherent risks associated with buying at auction.
Therefore, we give this property 6 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 1,242.00
Metrics
- Area value Growth
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Auction House marked this listing as sold.
Auction House created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Fordham Cofe Primary School | Voluntary Controlled School | Outstanding | 0.59 KM |
Isleham Church Of England Primary School | Voluntary Controlled School | Good | 4.35 KM |
Exning Primary School | Community School | Outstanding | 5.39 KM |
Laureate Community Academy | Academy Converter | Good | 5.76 KM |
St Andrew'S Cofe Primary School | Academy Converter | Good | 6.11 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Ash Road | £ 550,000 | 0 | 0.00 KM |
Hares Run | £ 0 | 0 | 0.00 KM |
Chippenham Road | £ 399,500 | 0 | 0.00 KM |
Snowdrop Walk | £ 126,000 | 0 | 0.00 KM |
Windmill Close | £ 270,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Newmarket | 7038 | NMK | 8.05 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
54 Mill Lane, Fordham, Ely, Cambridgeshire CB7 5NQ | £ 300,000 | 6 / 10 | 0.00 KM |
Mill Lane, Fordham, Ely | £ 600,000 | Unknown | 0.02 KM |
Feltons, Fordham, Ely | £ 700,000 | Unknown | 0.14 KM |
Fordham, Cambridgeshire | £ 710,000 | Unknown | 0.25 KM |
River Lane, Fordham, Ely, Cambridgeshire, CB7 | £ 795,000 | 7 / 10 | 0.25 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
38 Mill Lane | £ 330,000 | 0.01 KM |
34 Mill Lane | £ 250,000 | 0.01 KM |
36 Mill Lane | £ 239,760 | 0.01 KM |
30 Mill Lane | £ 250,000 | 0.01 KM |
2 Mill Lane | £ 390,000 | 0.01 KM |