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Ceglie Bungalow, Springfield, Peterborough, PE2 - Image 1
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Ceglie Bungalow, Springfield, Peterborough, PE2 - Image 3
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Ceglie Bungalow, Springfield, Peterborough, PE2 - Image 8
Ceglie Bungalow, Springfield, Peterborough, PE2 - Image 9
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Ceglie Bungalow, Springfield, Peterborough, PE2 - Image 11

Ceglie Bungalow, Springfield, Peterborough, PE2

East of England

£350,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow represents an intriguing opportunity for renovation and investment, situated on a generous plot in the Fletton area of Peterborough. With its spacious layout and potential for enhancement, this property invites buyers to explore various possibility for updates or expansions. Boasting three bedrooms, the home features a well-proportioned living room and a separate kitchen that could be transformed into a modern culinary space. The inclusion of a lean-to offers additional versatility, while the rear garden provides ample outdoor space that could be landscaped or developed further, pending necessary permissions. The location enhances the property's appeal, with convenient access to local schools, shops, and essential amenities. Additionally, being within walking distance to both the city center and the train station makes it particularly attractive for families and commuters alike. With considerable space both indoors and outdoors, this bungalow holds significant potential to be upgraded into a comfortable family residence or even reimagined as a multi-unit property (subject to planning). The existing garage and driveway parking add practical value, while the courtyard front garden contributes to the overall charm of the site. Prospective buyers are encouraged to view this bungalow in person to truly appreciate its possibilities for transformation. This property represents not just a home but an opportunity to create lasting value through thoughtful renovation.

Investment Analysis

(PE2 area)
Area Average
£264/sq ft
Avg Rent (weekly)
£222
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Ceglie Bungalow, Springfield, Peterborough, 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
£1,282
Based on a loan of £262,500 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