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Fallow Corner Drove, Manea

East of England

£1,100,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a remarkable opportunity for development, set within approximately 1.2 acres (subject to measured survey) in a semi-rural area near the sought-after village of Manea. Offering stunning views over open fields, this site is versatile and ready for future transformation. Planning permission has been granted in principle for the construction of up to five detached homes with garages, making it a valuable prospect for those looking to invest in high-quality residential projects. Additionally, an existing three-bedroom detached house is included on the plot, featuring a lounge, kitchen/diner, shower room, and bathroom. This could serve as immediate accommodation or a rental asset while you navigate the development process (pending necessary approvals). Nestled amidst the countryside yet conveniently close to local amenities, the setting is perfect for family-oriented residences that offer space and privacy. The combination of land size, picturesque views, and existing planning permissions makes this an enticing option for builders and investors keen on creating a desirable community in a prime location.

Investment Analysis

(PE15 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PE15)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.2%
5 year growth: +8.2%
Investment Disclaimer: Analysis based on PE15 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

Fallow Corner Drove, Manea
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,967
Based on a loan of £825,000 over 30 years at 4.06% 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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