Worst House on the Street Logo
Burrowmoor Road, March, PE15 - Image 1
Burrowmoor Road, March, PE15 - Image 2
Burrowmoor Road, March, PE15 - Image 3
Burrowmoor Road, March, PE15 - Image 4
Burrowmoor Road, March, PE15 - Image 5

Burrowmoor Road, March, PE15

East of England

£110,000
Listed on 25/08/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

Set within a serene landscape, this single-storey barn presents a compelling investment opportunity with significant renovation potential. Currently holding full planning consent for conversion into a three-bedroom residence, the existing structure is designed to feature spacious vaulted ceilings in the living areas, creating an inviting atmosphere. The property also includes a detached double garage, further enhancing its appeal for potential buyers or renters. The approved plans outline a thoughtful transformation, emphasizing modern design elements while maintaining the barn's inherent rustic charm. This project invites those with a creative vision to craft a home tailored to their unique tastes and lifestyle needs. Planning reference F/YR23/0714/F was established on November 9, 2023, providing clarity and direction for the conversion process. The proposed changes include removing the lean-to and portions of the barn to ensure that the new dwelling integrates harmoniously with its surroundings. Occupying an irregularly shaped plot, this property offers extensive outdoor space that may be utilized for gardens or leisure activities, adding to its value as a residential site. Furthermore, ample parking enhances accessibility and convenience for both residents and guests. For those looking to invest in real estate or seeking a creative project, this barn conversion opportunity stands out as an appealing blank canvas. It holds immense potential not only as a tranquil retreat from daily life but also as a vibrant space ideal for hosting gatherings and making lasting memories. This is an exceptional chance to take part in a transformative endeavor where your vision can become reality. With careful planning and execution, you can turn this property into a distinctive home that reflects your aspirations and lifestyle.

Investment Analysis

(PE15 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE15)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -2.9%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on PE15 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

Burrowmoor Road, March, PE15
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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