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Colvile Road, Wisbech

East of England

£160,000
Listed on 07/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This charming semi-detached house, characterized by its period bay window, presents a promising canvas for renovation enthusiasts or those looking to invest in a family home. The property requires comprehensive updating throughout, featuring an entrance hall that leads to two generous reception rooms, a kitchen with basic fittings, and practical rear lobby access alongside two separate WCs on the ground floor. Upstairs, you will find three well-proportioned bedrooms, complemented by a shower room. The exterior boasts a spacious rear garden poised for landscaping and potential for outdoor improvements, as well as a versatile garage/workshop which could be repurposed for various uses. Additionally, off-road parking enhances convenience. Located centrally in Wisbech within easy reach of local schools and the town centre, this property offers significant scope for customization and enhancement. With no onward chain, it is an excellent opportunity for those ready to make their mark.

Investment Analysis

(PE13 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£173/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£222,055
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PE13)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on PE13 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

Colvile Road, Wisbech
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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
£577
Based on a loan of £120,000 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.

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