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Broadway, Crowland, Peterborough

East Midlands

£320,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Situated in the appealing locale of Broadway in Crowland, this detached bungalow offers a compelling opportunity for renovation and investment. Built in 1963, the property rests on a generous plot and features a detached double garage, as well as access to a small paddock equipped with two stables. Notably, probate has already been granted, facilitating the purchasing process. The interior of the bungalow requires modern updating but presents a blank slate for imaginative buyers to reimagine the space according to their vision. The layout includes an entrance hall leading into a spacious living room, a kitchen diner that offers ample room for dining and entertaining, three sizable bedrooms, and a family bathroom. The property is equipped with gas combi central heating and mains drainage, providing essential comfort and convenience. Outside, the residence boasts off-road parking capable of accommodating up to three vehicles. Sufficient side access leads to the back of the property, which is currently overgrown yet holds potential for further development; there may be an opportunity for adding a second dwelling subject to local authority planning consent. This bungalow stands out not only for its character but also for its potential to increase in value through careful enhancements. The generous plot enhances its investment appeal—ideal for first-time buyers seeking their own project or seasoned investors looking for promising redevelopment prospects. With its strategic location and expansive grounds, this property represents a unique opportunity in today’s market.

Investment Analysis

(PE6 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£32,000 - £80,000
10-25% of property value
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE6)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 5.3%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on PE6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Broadway, Crowland, Peterborough
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