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Broadend Road, Wisbech, PE14

East of England

£700,000
Listed on 03/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3433 sqft

Description

Nestled within approximately 1.7 acres of scenic grounds, this character home presents a unique opportunity for renovation and investment. The property, known as Old Well House, beautifully merges historic charm with modern functionality, having undergone significant renovations while still allowing for personalization in certain areas. The main residence features five bedrooms, with several original elements such as exposed beams and traditional sash windows. A highlight is the spacious living room that opens through French doors to the garden, seamlessly connecting indoor and outdoor spaces. The newly remodeled kitchen/dining area, complete with a granite-topped island and vaulted ceilings enhanced by Velux windows, serves as an ideal setting for family gatherings or entertaining guests. Practical amenities including a walk-in pantry, utility room, and boot room further enhance daily living. While much of the home has been thoughtfully updated, there remains potential in some unrenovated rooms—an inviting prospect for buyers eager to infuse their personal touch and increase the property's value. Among the multiple reception areas are a cozy lounge featuring a wood burner and a snug/home office with its own external access, suitable for business use or as a quiet retreat. The self-contained annexe adds considerable versatility to the property. Complete with its own kitchen, lounge, dining area, conservatory, three bedrooms (including an en-suite), and shower room, this space is well-suited for extended family living or could serve as guest accommodation or even a holiday rental. Beyond the house itself lies extensive outdoor space that distinguishes this offering. Gated access leads to lush paddocks and a stable block with three stables—ideal for equestrian enthusiasts or those seeking additional income opportunities through livestock management. The large yard provides ample storage for vehicles or caravans alongside various powered storage facilities. Further adding to its appeal is the potential development scope of certain areas within the grounds—subject to necessary permissions—which could enhance long-term investment value. Additionally, solar panels coupled with battery storage have been installed to improve energy efficiency. In summary, Old Well House represents an exceptional chance to acquire a property rich in character while still offering ample opportunity for customization and expansion. With thoughtful renovations already completed and numerous avenues for personal input available, this home is well-positioned in a beautiful setting where lifestyle meets investment potential.

Investment Analysis

(PE14 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£204/sq ft
Area Average
£240/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£904,990
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE14)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -2.1%
5 year growth: 19.2%
Investment Disclaimer: Analysis based on PE14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Broadend Road, Wisbech, PE14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE