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New Meadow Drove, Farcet, Peterborough

East of England

£280,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

Nestled in a serene environment, this detached residence presents an excellent opportunity for those looking to invest in a property with substantial potential. Boasting stunning views of open fields at the front and a picturesque river vista at the rear, the home is set on approximately a ¼ acre plot (subject to survey). The surrounding garden features lovely gravel areas, flower beds, and expansive lawns, all bordered by mature hedges for privacy. Additionally, there are greenhouses, vegetable patches, outbuildings for storage, and a single garage with double doors enhancing its utility. The grounds also offer direct access to the river—ideal for gardening enthusiasts or outdoor lovers. Upon entering through the porch, one is greeted by a hallway that leads to two sizable bedrooms—one with views to the front and the other overlooking the rear garden. The living room is particularly inviting, showcasing parquet flooring and a large window that frames captivating countryside views. Connected to this space is the kitchen/diner equipped with fitted units and ample room for dining arrangements. A four-piece family bathroom featuring both bath and shower completes the ground floor layout. Stairs ascend from the hallway to an adaptable loft area. This property is ripe for modernization, allowing you to craft your ideal family home while enjoying the tranquility of rural living paired with nearby village amenities. With generous outdoor space and captivating surroundings, this presents a fantastic chance for both investment and personal development.

Investment Analysis

(PE7 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PE7)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on PE7 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

New Meadow Drove, Farcet, Peterborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,010
Based on a loan of £210,000 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.

Price History

+1.8% since listed
£280,000+£5,000(+1.8%)
27/03/2026
Current price
£275,000Initial listing
28/10/2025

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