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North Street, Stanground, PE2

East of England

£240,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
883 sqft

Description

This detached bungalow offers a two-bedroom layout that presents an excellent opportunity for those interested in renovation and potential investment. While some areas of the home would benefit from updates, this provides a blank canvas for DIY enthusiasts or investors looking to enhance property value. The interior features two spacious double bedrooms, which can easily accommodate a small family or provide comfortable guest quarters. A single integral garage adds practical space for storage and could be transformed into additional living area if desired. The inviting lounge area, complemented by a well-sized kitchen and utility space, forms the heart of the home—ideal for everyday living and entertaining. Outside, the enclosed rear garden is bordered by new fencing and boasts mature shrubs, creating a peaceful environment for relaxation. Side access to the block-paved front driveway allows for convenient entry, with ample off-road parking available for up to four vehicles. Location is key here; situated just 2.6 miles from the city center and train station facilitates easy commuting and access to urban amenities. Daily necessities are within walking distance, supported by nearby bus routes that ensure reliable public transport options. With gas central heating and uPVC double glazing already in place, essential comforts are covered while you plan your renovations. If you’re looking to invest in a property with significant upside potential that allows you to imprint your vision, this bungalow is worth consideration. Embrace the possibility of transforming this space into your ideal home or a profitable rental opportunity.

Investment Analysis

(PE2 area)

Above Market Value

This property is priced +3.0% above area average per sq ft

+3.0%
This Property
£272/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£222
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£256,278
10% above area average per sq ft
Potential ROI
-8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE2)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 1.1%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on PE2 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

North Street, Stanground, PE2
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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
£879
Based on a loan of £180,000 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