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Mill Road, Nassington, Peterborough, PE8 - Image 1
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Mill Road, Nassington, Peterborough, PE8

East of England

£748,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique opportunity for renovation or redevelopment in a prime position with scenic South-facing views over the River Nene. Set on an expansive plot of approximately 0.31 acres, this brick-built bungalow is centrally located within its grounds, allowing for potential modernisation or complete reconfiguration (subject to obtaining planning permission). Currently featuring three bedrooms and oil-fired central heating, the home requires significant updating to unlock its full potential. The surrounding area boasts picturesque countryside, offering a tranquil setting while still being conveniently close to local amenities in Nassington village, including shops and medical facilities. With no onward chain, this property is ideal for those looking to invest time and resources into crafting their perfect residence or maximising rental potential in this sought-after locale.

Investment Analysis

(PE8 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£319
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.8%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on PE8 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

Mill Road, Nassington, Peterborough, PE8
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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
£2,740
Based on a loan of £561,000 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