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Holme Close, Ailsworth, Peterborough - Image 1
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Holme Close, Ailsworth, Peterborough

East of England

£495,000
Listed on 17/07/2024

Property Details

Bedrooms
4
Type
Detached

Description

This four-bedroom detached family home, situated in a tranquil cul-de-sac within the desirable villages of Ailsworth and Castor, offers excellent potential for renovation and investment. Built in 1972 by Cadman Homes, the property features a traditional layout that could be modernized to fit contemporary living standards. The current owner has already made some updates including a fitted kitchen with oak-shaker style cabinets. However, the bathroom remains unfinished, presenting an opportunity for redesign to incorporate a more modern shower cubicle. The entrance opens into a spacious hallway leading to a versatile sitting room and dining room that can be reconfigured for an open-plan living space if desired (subject to planning permission). The kitchen and utility area are functional yet may benefit from further enhancement. The four bedrooms are generously sized, making them ideal candidates for aesthetic upgrades or repurposing. Additionally, the outside space includes a large garden, double garage with oil heating system, and potential to expand with an extra garden area after April 2024 for a nominal fee. This property is well positioned for those looking to invest in a home that offers ample scope for personal touches and structural updates.

Investment Analysis

(PE5 area)
Area Average
£344/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
15%
Properties sold annually
Investment Disclaimer: Analysis based on PE5 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

Holme Close, Ailsworth, Peterborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,753
Based on a loan of £371,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-1.0% since listed
£495,000£5,000(-1.0%)
07/09/2024
Current price
£500,000Initial listing
19/07/2024

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