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Chain Free in Walpole Highway

East of England

£260,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1291 sqft

Description

This detached bungalow presents a significant opportunity for renovation and expansion in the desirable village of Walpole Highway. Boasting picturesque views of open fields, this property is ideally situated between the vibrant market towns of King’s Lynn and Wisbech, providing a tranquil rural lifestyle with convenient access to essential amenities. The current layout features a spacious sitting room measuring 22ft, alongside a functional kitchen, a bright conservatory, two sizeable double bedrooms, and a shower room. While the interior requires some updating, it offers considerable potential for reimagining spaces. The outdoor area is complemented by a well-maintained rear garden that is mainly laid to lawn and bordered by mature trees, perfect for creating an inviting outdoor retreat. It also includes a convenient garden shed and beautiful country views. A standout feature of this property is the granted planning permission (Ref: 23/00476/F) for both rear and side extensions as well as a loft conversion. These developments will allow the expansion of the living space to accommodate four bedrooms and four bathrooms/showers over time, presenting an excellent avenue for phased investments. Walpole Highway itself provides easy access to Peterborough and coastal destinations, along with local conveniences such as an excellent primary school and village store. The nearby town of King’s Lynn offers an extensive range of shopping options and leisure facilities, appealing to both families and professionals commuting into London via direct rail services. This bungalow offers not just a home but an exciting project with ample scope for personalization in a charming village setting.

Investment Analysis

(PE14 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£201/sq ft
Area Average
£240/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£340,327
10% above area average per sq ft
Potential ROI
+0.1%
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

Chain Free in Walpole Highway
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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
£952
Based on a loan of £195,000 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