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Creek Road, March

East of England

£140,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
829 sqft

Description

This two-bedroom mid-terraced Victorian home presents a unique opportunity for renovation enthusiasts or investors looking to add value. Characterized by its spacious layout, the property features two well-proportioned reception rooms that offer versatility for both living and dining arrangements. Original elements such as high ceilings and an ornamental fireplace evoke the charm of its era and can be highlighted further through thoughtful renovations. The kitchen, equipped with essential appliances and ample storage, opens to a utility area, providing additional functionality. The ground floor also includes a compact shower room, making it practical for day-to-day living while you plan updates. Upstairs, the bedrooms are filled with natural light and feature built-in storage solutions. The master bedroom benefits from an en-suite bathroom, which could be enhanced during renovations to create a more modern space. Outside, the property includes front and rear gardens that offer potential for landscaping or outdoor entertaining. The front gravel area may also allow for off-street parking with some adjustments, adding convenience in this location. Nestled in a desirable neighborhood, this house is not only ripe for personal touches but also holds significant investment potential due to its proximity to local amenities and transport links. With some care and creativity, this property can be transformed into a charming home or rental opportunity that reflects your vision while potentially increasing its market value.

Investment Analysis

(PE15 area)

Below Market Value

This property is priced -32.9% below area average per sq ft

-32.9%
Potential saving
This Property
£169/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£229,525
10% above area average per sq ft
Potential ROI
+35.0%
After renovation
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

Creek Road, March
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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
£513
Based on a loan of £105,000 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