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Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 1
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 2
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 3
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 4
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 5
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
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 10
Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6 - Image 11

Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6

East of England

£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 +10.5% above area average per sq ft

+10.5%
This Property
£305/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£363,262
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE6)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on PE6 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

Wisbech Road, Thorney, Peterborough, Cambridgeshire, PE6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,337
Based on a loan of £273,750 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