54 Mill Lane, Fordham, Ely, Cambridgeshire CB7 5NQ
AU

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 The kitchen and bathrooms, particularly, appear somewhat outdated.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
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Auction House marked this listing as sold.

  • Auction House created the listing.

Nearby Schools

NameTypeOfstedDistance
Fordham Cofe Primary SchoolVoluntary Controlled SchoolOutstanding0.59 KM
Isleham Church Of England Primary SchoolVoluntary Controlled SchoolGood4.35 KM
Exning Primary SchoolCommunity SchoolOutstanding5.39 KM
Laureate Community AcademyAcademy ConverterGood5.76 KM
St Andrew'S Cofe Primary SchoolAcademy ConverterGood6.11 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ash Road £ 550,00000.00 KM
Hares Run £ 000.00 KM
Chippenham Road £ 399,50000.00 KM
Snowdrop Walk £ 126,00000.00 KM
Windmill Close £ 270,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newmarket7038NMK8.05 KM

Nearby Listings

AddressPriceScoreDistance
54 Mill Lane, Fordham, Ely, Cambridgeshire CB7 5NQ £ 300,0006 / 100.00 KM
Mill Lane, Fordham, Ely £ 600,000Unknown0.02 KM
Feltons, Fordham, Ely £ 700,000Unknown0.14 KM
Fordham, Cambridgeshire £ 710,000Unknown0.25 KM
River Lane, Fordham, Ely, Cambridgeshire, CB7 £ 795,0007 / 100.25 KM

Nearby Properties

AddressPriceDistance
38 Mill Lane £ 330,0000.01 KM
34 Mill Lane £ 250,0000.01 KM
36 Mill Lane £ 239,7600.01 KM
30 Mill Lane £ 250,0000.01 KM
2 Mill Lane £ 390,0000.01 KM