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Meadow Lane, Earith, PE28

East of England

£345,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1230 sqft

Description

This three-bedroom detached bungalow, located in the desirable village of Earith, presents a unique opportunity for those looking to invest in a property with significant renovation potential. Set back from the road, the home boasts an expansive front garden and convenient off-road parking. Inside, the layout features a welcoming entrance hallway leading to a spacious living room with front-facing views and a generously-sized kitchen that seamlessly connects to the dining area. A useful W/C is situated at the front of the property. To the rear, you will find two sizable double bedrooms alongside a versatile single bedroom that could serve as an ideal office or cozy snug. The bathroom is equipped with a classic three-piece suite. The south-facing rear garden offers a private outdoor space, complemented by a single garage with an up-and-over door for additional storage or parking needs. This property is ripe for transformation and viewing is highly recommended to fully appreciate its scope for development.

Investment Analysis

(PE28 area)

Below Market Value

This property is priced -14.0% below area average per sq ft

-14.0%
Potential saving
This Property
£280/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£361
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£441,078
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE28)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -1.0%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on PE28 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

Meadow Lane, Earith, PE28
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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
£1,264
Based on a loan of £258,750 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