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Station Road, Gedney Hill

East of England

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached

Description

This detached house presents an intriguing opportunity for renovation and investment, set on a generous plot of 0.376 acres in Gedney Hill. The property not only features a three-bedroom dwelling built in the 1950s, but also includes an adjacent former garage/workshop that has planning permission for two building plots after its demolition (Planning Reference H07-0267-25). With oil-fired central heating and private drainage, the home offers comfortable living while you explore its potential as a multi-generational family residence or a new development project. The site benefits from open views to both the front and rear, enhancing its appeal. The existing structure has seen some modernization but could greatly benefit from further updates to maximize its value. The layout includes a reception hall, sitting room, dining room with patio access, utility space, compact kitchen, and three bedrooms on the first floor along with a shower room. Ample off-road parking is available at the front, leading to an established garden area at the back complete with fruit trees and various planting beds. This property is ideally positioned for those looking to extend their investment portfolio or undertake a home renovation project with significant upside potential.

Investment Analysis

(PE12 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -7.1%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on PE12 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, Gedney Hill
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-5.3% since listed
£450,000£25,000(-5.3%)
19/10/2025
Current price
£475,000Initial listing
03/10/2025

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