3-bedroom house · CB21 5BZ
For saleReduced £18k (−5.2%) on 29 AugListed 113 days
Opportunity summary
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About
Available to purchase through the Shared Ownership scheme at a 60% share, this modern three-bedroom detached home occupies an attractive position in Fulbourn with open countryside beyond the rear garden.
Offering well-balanced accommodation, driveway parking and a private garden, it provides an appealing opportunity for buyers looking to take their first step into home ownership without compromising on space or setting.
The accommodation is arranged around a welcoming entrance hall helped by built-in storage and a ground-floor cloakroom.
To one side, the open reception room room runs the full depth of the house, with windows to the front and French doors to the rear leading out and giving views to the back garden.
Across the hall, the spacious kitchen/dining room also runs the full depth of the house and provides an excellent everyday living space.
The kitchen is fitted in a simple contemporary style, with white units, wood-effect work surfaces and integrated cooking appliances.
The layout provides a defined cooking area while leaving space for a full dining table.
There is good natural light from windows to two aspects, and French doors open from the dining area to the rear garden, giving the room an easy everyday relationship with the outside.
Upstairs are three spacious bedrooms, including a principal bedroom with en suite shower room, alongside a separate family bathroom.
Outside, the enclosed rear garden enjoys uninterrupted views across open countryside, creating an outlook rarely found with modern homes.
Driveway parking provides practical off-road parking for day-to-day convenience.
Shared Ownership allows you to purchase a percentage of the property while paying rent on the remaining share, making home ownership more accessible for those who may not yet be able to buy on the open market.
Owners have the security of their own home, with the freedom to decorate and, subject to the scheme rules, increase their share in the property over time.
The property is available to purchase at a 60% share for £345,000, based on a full market value of £575,000. Monthly rent on the remaining share is £572.53, with a monthly service charge of £89.19.
The lease has approximately 119 years remaining, the property is EPC rated B and falls within Council Tax Band E.
Shared Ownership is generally available to households with a combined annual income of up to £80,000, subject to eligibility criteria.
Please contact us for further information or to discuss whether the scheme could be suitable for your circumstances.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 24, Balsham Road, Fulbourn
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