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Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 1
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Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 4
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Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 6
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 7
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 8
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 9
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Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6

East Midlands

£365,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1195 sqft

Description

This three-bedroom detached bungalow sits on just under an acre of land, providing a unique opportunity for renovation and investment in a tranquil rural environment. The property features several versatile outbuildings, including a barn and a workshop, which could be repurposed or expanded upon to suit various needs, whether that’s for personal use or potential rental opportunities. Inside, the bungalow offers an open-plan layout that integrates the kitchen, dining area, living room, and office space—ideal for those who appreciate a modern approach to living. The three double bedrooms are conveniently located off the front hallway, with access to a large conservatory and a family shower room. A practical rear hallway connects to the kitchen and includes additional storage options. Externally, the property boasts a generous lawned garden at the front and a sweeping driveway that provides access around the entire bungalow. The extensive outdoor space not only caters to personal enjoyment but also presents possibilities for development under planning permission. The existing barn and workshop come equipped with power and light, enhancing their functional appeal. At the rear of the property is a spacious patio area perfect for outdoor gatherings. This setting allows for both relaxation and entertainment while enjoying views of the well-proportioned land that surrounds it. With its combination of living space, outdoor amenities, and development potential, this property represents a rare opportunity for those looking to invest in a project that could yield significant returns over time. Viewings are encouraged to fully appreciate what this unique offering has to offer.

Investment Analysis

(PE6 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£305/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£36,500 - £91,250
10-25% of property value
Target Value
£362,342
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE6)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 5.3%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on PE6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6
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