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Cedar Close, March

East of England

£265,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached bungalow presents a promising canvas for those looking to invest in a property with considerable renovation potential. Conveniently located, the home benefits from its proximity to essential amenities while offering the tranquility characteristic of a residential area. The interior features a practical layout awaiting modernization, with ample opportunities to enhance the living space according to personal preferences. An integral garage at the front of the property could be transformed into additional living areas, subject to planning consent, making it an ideal project for those looking to increase both functionality and value. Upon entering, you're welcomed into an entrance hall that leads to multiple well-proportioned rooms. The lounge/diner is particularly noteworthy, featuring a large bay window that bathes the room in natural light, creating a warm and inviting atmosphere. The kitchen, although requiring updates, offers a functional design complete with base and wall units and space for essential appliances. Three bedrooms provide flexible accommodation options, each benefiting from natural light and varied dimensions that cater to different needs—whether for family living or as potential office or guest spaces. A conservatory seamlessly connects one of the bedrooms to an outdoor space, further extending the living area into the garden. Outside, the property showcases ample off-road parking with a paved driveway leading to the garage. The rear garden predominantly consists of lawn space complemented by a sizable patio area—a perfect setting for outdoor gatherings or further landscaping development. For investors or DIY enthusiasts willing to embark on renovations, this bungalow represents an excellent opportunity not only to create a personalized home but also to substantially increase its market value over time. With its solid structure and desirable location, this property is well worth considering for those looking to make their mark on a project with significant upside potential.

Investment Analysis

(PE15 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE15)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -2.9%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on PE15 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

Cedar Close, March
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£971
Based on a loan of £198,750 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