Worst House on the Street Logo
Station Road, Manea, PE15 - Image 1
Station Road, Manea, PE15 - Image 2
Station Road, Manea, PE15 - Image 3
Station Road, Manea, PE15 - Image 4
Station Road, Manea, PE15 - Image 5
Station Road, Manea, PE15 - Image 6
Station Road, Manea, PE15 - Image 7
Station Road, Manea, PE15 - Image 8
Station Road, Manea, PE15 - Image 9
Station Road, Manea, PE15 - Image 10
Station Road, Manea, PE15 - Image 11

Station Road, Manea, PE15

East of England

£270,000
Listed on 31/12/2025

Property Details

Bedrooms
6
Type
Semi-detached house

Description

This spacious property offers a unique opportunity for investors looking to capitalize on a House of Multiple Occupancy (HMO) in a desirable location. With approved planning reference F/YR23/0875/F, it accommodates up to 12 occupants, making it poised for substantial rental income potential. The layout comprises two sizable reception rooms, six bedrooms, and four bathrooms, catering well to the needs of multiple tenants. Recent enhancements include a new HMO compliant fire alarm system for enhanced safety, while gated off-road parking adds convenience. Additionally, the rear brick outbuilding represents an exciting renovation project that can be transformed into a valuable asset with proper planning permission. The expansive outdoor space includes a hardstanding drive and is flanked by greenery that enhances the property's overall appeal. This residence marries comfort and functionality with room for further development in its outdoor area, presenting a promising venture particularly suited for those with renovation aspirations. Situated in Manea — a village steeped in history and community spirit — this property is also well-connected via rail links to larger towns and cities like Ely and Cambridge, ensuring robust demand for rental accommodations.

Investment Analysis

(PE15 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PE15)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.2%
5 year growth: +8.2%
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

Station Road, Manea, PE15
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.