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Money Bank, Wisbech, PE13 2JN

East of England

£180,000
Listed on 07/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
644 sqft

Description

This detached bungalow presents a unique opportunity for renovation enthusiasts looking to create a personalized living space. Set on a generous plot with ample parking at the front and a sizable rear garden, this property boasts two bedrooms, a family bathroom equipped with both a shower and separate bath, a spacious living room, and a kitchen that can be reimagined to suit modern needs. While the interiors require significant updating, the potential to add value is substantial in this desirable residential area of Wisbech, where local amenities are conveniently within reach. This is your chance to invest in a property that you can truly make your own.

Investment Analysis

(PE13 area)

Above Market Value

This property is priced +26.4% above area average per sq ft

+26.4%
This Property
£280/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
£156,627
10% above area average per sq ft
Potential ROI
-28.8%
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

Money Bank, Wisbech, PE13 2JN
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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
£659
Based on a loan of £135,000 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