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Wisbech Road, Thorney, Peterborough - Image 1
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Wisbech Road, Thorney, Peterborough

East of England

£75,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Plot

Description

This is an excellent opportunity to acquire a sizable parcel of approximately 0.6 acres located at the rear of two residential properties on Wisbech Road, in the desirable village of Thorney, near Peterborough. Currently grass-covered, this spacious plot provides a versatile canvas for potential future projects, pending necessary planning permissions. Its location within walking distance to local amenities and strong transport links makes it particularly appealing for various uses. The land is discreetly positioned behind homes with side access available, and there is potential to create front access should planning allow for it. With various possibilities (STPP), this land could be transformed for: - Residential development, providing room for one or more new homes—ideal for self-builders or investors pursuing profitable ventures. - Equestrian purposes, accommodating paddocks or small-scale stables given the layout and size. - Commercial yard space for storage or as a compound for equipment. - Allotments or smallholdings for those interested in gardening or farming livestock. - Recreational areas suitable for landscaping into gardens or leisure spaces like micro-campsites. - Eco-friendly housing solutions appealing to those focused on sustainability. Thorney is rich in history and community spirit, located about 8 miles east of Peterborough. With its charming atmosphere centered around historical sites such as the Abbey Church of St Mary and St Botolph, residents enjoy a mix of rural tranquility and urban convenience. Local amenities include a primary school, shops, cafés, a pub, healthcare facilities, and good bus services alongside road access via the A47—a great plus for commuters. The surrounding countryside offers ample opportunities for outdoor activities including walking and cycling. This plot presents an exceptional chance to invest in land with significant long-term potential.

Investment Analysis

(PE6 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PE6)

Area prices are falling by -3.0% over the last 12 months
3 year growth: +1.2%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on PE6 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

Wisbech Road, Thorney, Peterborough
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£270
Based on a loan of £56,250 over 30 years at 4.06% 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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