Worst House on the Street Logo
Ramsey Mereside PE26 - Image 1
Ramsey Mereside PE26 - Image 2
Ramsey Mereside PE26 - Image 3
Ramsey Mereside PE26 - Image 4
Ramsey Mereside PE26 - Image 5

Ramsey Mereside PE26

East Midlands

£600,000
Listed on 07/02/2024

Property Details

Bedrooms
3
Type
Detached house

Description

Situated in the serene countryside of Cambridgeshire, this charming three-bedroom detached period home, dating back 150 years, presents a unique opportunity for those looking to invest in a property with substantial renovation potential. The residence is designed to take full advantage of its tranquil surroundings, boasting panoramic views that extend across the beautiful rural landscape. Occupying an expansive 0.79-acre plot (subject to survey), the property not only offers ample living space but also an environment where one can truly connect with nature. Inside, you'll find three generously sized double bedrooms that promise comfort and ample natural light thanks to large windows framing the picturesque scenery. This property stands out with its considerable outbuilding, offering versatile options for use as a workshop or additional storage space. Whether you have hobbies that require room for equipment or simply need extra storage, this space opens up numerous possibilities for customization and enhancement. A noteworthy feature of this home is the indoor heated swimming pool accompanied by changing rooms—ideal for leisure and entertaining. While it currently adds appeal as a recreational space, it also presents opportunities for further upgrades or personal touches to suit your lifestyle. In terms of location, the village of Ramsey Mereside provides a peaceful atmosphere just over two miles from Ramsey and approximately seven miles from Peterborough. This proximity grants easy access to extensive shopping and transportation amenities. The nearby market town of Ramsey offers a range of local services including restaurants, cafes, shops, and leisure facilities such as golf courses and bowling clubs. The surrounding area enriches life in this rural setting with opportunities for outdoor activities like walking and cycling within the scenic landscapes of the Cambridgeshire Fens. Additionally, there are educational institutions available including nurseries and primary schools in Ramsey, along with Abbey College for secondary education. With planning permission already secured for an extension, this property holds significant investment potential. It allows future owners not only to enhance their living experience but also to increase the overall value of the home through thoughtful renovations tailored to individual needs.

Investment Analysis

(PE26 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£198
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (PE26)

Area prices are falling by +2.3% over the last 12 months
3 year growth: 3.6%
5 year growth: 18.9%
Investment Disclaimer: Analysis based on PE26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Ramsey Mereside PE26
Map showing location of Ramsey Mereside PE26
Open Map