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Main Street, Ailsworth, Peterborough, PE5 - Image 1
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Main Street, Ailsworth, Peterborough, PE5

East of England

£275,000
Listed on 25/04/2025

Property Details

Bedrooms
N/A
Type
Detached

Description

This unique property, a former chapel built in 1860, offers a remarkable opportunity for redevelopment in the picturesque village of Ailsworth. Known for its serene rural charm and community spirit, Ailsworth boasts convenient access via the nearby A47 leading to the A1. The building maintains much of its original architectural integrity, enhanced by a later rear extension that provides additional usable space. Though the outdoor area is somewhat limited, the overall site is level and presents significant potential for conversion into residential units or alternative uses, subject to planning approval. This freehold property is ideal for developers and self-builders looking to transform a distinctive historical structure into modern living spaces or other creative endeavors. Planning documents are available, paving the way for the development of three townhouses.

Investment Analysis

(PE5 area)
Area Average
£344/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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

Main Street, Ailsworth, Peterborough, PE5
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£974
Based on a loan of £206,250 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.

Price History

-6.8% since listed
£275,000£20,000(-6.8%)
02/07/2025
Current price
£295,000Initial listing
25/04/2025

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