Cambridge

Here are some of the properties going under the hammer in Cambridge next month

The next Cheffins property auction will be taking place in Cambridge on Wednesday, June 20, and attendees will be able to bid on everything from rural homes, to land investments and retail units that have fallen out of use.

With land and property all across the East of England up for grabs, it might be hard knowing where to start.

Here, we'll look past the lots that only offer pieces of land, and instead look solely at the properties that are going under the hammer.

Anchor Cottage, Isleham

The first property lot is Anchor Cottage, a semi-detached house in rural Isleham, that is being offered at an initial guide price between £40,000 and £50,000.

Located on the banks of the River Lark, the property is currently in a poor state of repair and needs a full renovation by the new owner.

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This is being pitched to potential buyers at the auction as being a chance to "tailor the house to their own needs".

Accommodation currently comprises two interconnecting bedrooms, a kitchen with lino flooring, shower room, sitting room and dining room.

High Street, Sutton

Next up, we'll move to the village of Sutton (near Ely), where a three bedroom semi in the High Street is available to bid on from a starting price of £490,000.

The unlisted property dates back approximately 300 years, and as a result needs internal refurbishment.

However, the exteriors are currently in good standing; there's a detached garage and a generously sized rear garden that clocks in at approximately 0.22 acres.

Church Lane, Littleport

With offers starting in the range of £190,000 – £200,000, this two-storey building in Littleport is being billed as a potential investment opportunity.

The building contains four self-contained flats, each with one bedroom, and five car parking spaces to the front of the property.

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The property has a history of housing long term tenants, with the Cheffins catalogue estimating that potential rental income could be up to £18,804 per annum.

With a vacant single garage to the rear of the property, that could easily be renovated into a separate annexe, you could be raking in even more than this.

Dovehouse Close, Ely

Another property in need of refurbishment is this semi-detached bungalow in Ely's Dovehouse Close.

The two-bedroom property, located at the edge of the city, is expecting to bring in bids between £200,000 and £225,000.

In addition to the internal refurbishment, the modest rear garden is also in need of reinstated, while the inner services (such as the central heating system) need to be tested by the potential new owner.

Grey's Farm, Chatteris

Next up is Grey's Farm near Chatteris, a substantial detached property that stands within seven acres of private land.

The property itself contains four double bedrooms, but the key selling point are the grounds, which are billed as being "ideally suited for those with an equestrian interest".

There are two paddocks, in addition to a modern agricultural building and a timber pole barn, which can be found in the expansive grounds. The property is being offered for £400,000.

Denmark Road, Cottenham

The next lot can be found over in Cottenham, where this three bedroom period house in Denmark Road is available.

It's in need of refurbishment – but because of the desirable village location, offers for the property start from £300,000.

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The property contains three bedrooms in total, as well as a fitted shower room, sitting room, dining room and kitchen/breakfast room.

The rear garden features an area for off-road parking, with the rest laid to lawn.

The Braes, Wixoe

Also in need of renovation is The Braes, a semi-detached Edwardian house with three bedrooms in the Suffolk town of Wixoe.

Currently offered at a guide price between £225,000 and £250,000, the property has two levels of accommodation including a sitting room with cast iron fireplace, bathroom with shower cubicle, and kitchen with fitted wall units.

As well as the interiors needing renovation, the exterior needs a little improvement; the rear garden is currently overgrown and requires cleaning.

Mill Road, Cambridge

One of the most notable property listings in the auction catalogue, this end terrace building in Mill Road is currently in use as HMO accommodation, with eight bedrooms and an additional self-contained flat.

It's being sold with the potential to be converted into two separate three bedroom houses.

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Dream homes

In addition to the wealth of interior accommodation, outdoor features include a rear garden with two sheds, fruit tree and lawned area. Offers start at a guide price of £650,000.

High Street, Huntingdon

A slightly different property opportunity is going under the hammer. Over in Huntingdon High Street, a commercial property is being offered at a starting bid of £800,000.

The property is currently let to Bright House, and generates an annual rental cost of £70,000.

In addition to the retail unit itself, ownership will also see you take over the reigns of a separate two storey, self-contained barn.

St Mary's Street, Ely

The penultimate property currently listed in the auction catalogue can be found in St Mary's Street, Ely, which is suitable for either investors or owner occupiers. It's listed at a guide price of £295,000.

The two-storey commercial property comprises a ground floor shop and a first floor one bedroom flat – and even boasts views of Ely Cathedral!

Spencer Croft, Ely

Finally, we're staying in Ely for this end terrace property in Spencer Croft.

This recently extended residential home brings in a current monthly rental income of £710, but is designed to appeal to first-time buyers as much as it is investment purchasers.

The property has one bedroom, lounge, kitchen with fitted units and electric hob, and a bathroom.

Outside, there's a rear garden with paved patio and artificial lawn. The lot is being offered at a guide price of £170,000.

The Cheffins Property Auction will be taking place at Clifton House, CB1 7EA, on Wednesday, June 20, from 2pm.

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