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Colvile Road, Wisbech

East of England

£160,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This semi-detached house showcases a classic bay-fronted design and presents an excellent renovation opportunity for those looking to create a personalized family residence. While the property requires updates throughout, its original features lend it significant character and charm. The ground floor comprises an entrance hall leading into two reception rooms, offering versatile spaces for living and dining. The kitchen, located adjacent to these areas, is functional but in need of modernization. A rear lobby, along with two separate WCs, adds convenience to the layout. Upstairs, the property boasts three spacious bedrooms, each with ample natural light and potential for customization. The shower room, while serviceable, stands ready for a fresh update to suit contemporary preferences. Outside, the large rear garden provides a blank canvas for landscaping projects or outdoor entertaining. A garage/workshop is also included, equipped with electricity and lighting—ideal for hobbyists or as additional storage. Off-road parking further enhances practicality. Located in central Wisbech, this property benefits from proximity to local schools and is within walking distance of the town center, making it appealing for families or investors. Offered with no onward chain, this residence represents a promising investment opportunity with the potential for significant value enhancement through renovations tailored to modern living needs.

Investment Analysis

(PE13 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£173/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£225,212
10% above area average per sq ft
Potential ROI
+12.6%
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
7%
Properties sold annually

Local Market Trend (PE13)

Area prices are rising by +5.4% over the last 12 months
3 year growth: -4.5%
5 year growth: 12.2%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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