Properties for sale in Cambridge at much less than the average price
According to online property website Rightmove, the average price of a house in Cambridge is £472,590, which means that the vast majority of UK citizens will never be able to afford to buy here.
Indeed, as of last November, the average house price in the UK stood at £217,928, up 1.1 per cent compared to the previous month and by 6.7 per cent in a year.
However, if your heart is set on living in Cambridge, all is not lost. There are other options available at a slightly more reasonable price – as well as schemes you could try, previously covered in the Cambridge Independent, such as Help to Buy.
The cheaper options may not be your dream home, but as a step up – or even onto – the property ladder, they may prove to be a sound investment – and with things the way they are, who knows how much your property might be worth in 10 or 20 years.
Here are six properties at £400,000 and under that might be worth a punt...
Foster Road, Trumpington, Cambridge £400,000
This established three-bedroom terraced house, with an impressive back garden, is convenient for the Cambridge Biomedical Campus and guided busway.
The property has a traditional layout with a living and dining room, as well as a modern kitchen with fitted units.
Upstairs there are two double bedrooms, a single bedroom and a modern bathroom. The decked loft, with installed light, is accessible via a drop-down ladder.
There is planning permission to substantially enlarge the property, by adding a loft conversion and single-storey rear extension and converting it to two substantial apartments.
The layout could easily be adapted to enlarge the house to four bedrooms, three bathrooms and three reception rooms.
Cooke Curtis & Co: 01223 508050 cookecurtis.co.uk
Coldhams Lane, Cambridge £399,995
A 1930s end-of-terrace house in a popular location close to the city centre and railway station offering scope for extension.
The three-bed accommodation also comprises an entrance hall, sitting room, kitchen/dining room, first-floor landing and bathroom. The property benefits from double glazing throughout, a central heating system with recently installed Vaillant gas combination boiler, driveway parking and an enclosed rear garden with side access.
Bush: 01223 246262
Speedwell Close, Cambridge £295,000
This modern terraced house offers well-presented and easy-to-run accommodation towards the end of a quiet cul-de-sac which is conveniently placed for the city.
It comprises an open-plan sitting/dining room with laminate flooring and French doors to the back garden, two double bedrooms, a well-equipped kitchen and a refitted shower room.
The front garden is laid to lawn, with a pathway to the front door. The back garden, which is enclosed by fencing, is also predominantly laid to lawn and features a paved patio, timber shed and gated access to an allocated parking area.
Cheffins: 01223 214214
Glenalmond Avenue, Cambridge £395,000
This well-presented and spacious two-bedroom, first-floor apartment forms part of a sought after residential scheme within easy walking distance of the railway station and leisure park. This stylish new-build includes a fitted kitchen area, a decent-sized living space complete with balcony and bicycle storage.
Pocock & Shaw: 01223 322552 pocock.co.uk
Thetford Terrace, Cambridge £220,000
A 1920s terrace of houses converted in more recent years to flats and maisonettes, situated to the east of the city with amenities and public transport links nearby. The living accommodation, spread out over two storeys, comprises an entrance porch, open-plan living room/kitchen, first-floor landing, two double bedrooms and a first-floor bathroom. Outside, there is a front garden providing off-street parking.
Vincent Shaw: 01223 243900 vincentshaw.net
Beacon Rise, Newmarket Road, Cambridge Guide price £150,000
A one-bedroom apartment in a central location, this first-floor new build comes under the development’s shared ownership scheme. The apartment comprises a spacious and modern living/kitchen/dining area leading out onto a private balcony. There is also a bathroom.
Carter Jonas: 01223 368771 carterjonas.co.uk