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Westfield Road, Manea

East of England

£160,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
343 sqft

Description

This property, situated in a sizable plot with convenient off-road parking and rear vehicular access, presents an exciting opportunity for those looking to invest in a renovation project. Comprising an open-plan lounge and dining area, kitchen, two bedrooms, and a bathroom, the home currently requires both cosmetic updates and possibly some structural improvements. Its spacious layout lends itself well to modernisation efforts, making it ideal for buyers who wish to enhance its value through their vision. There are ample opportunities for extending the property—subject to obtaining planning permission—and reimagining the expansive outdoor space to create a private retreat. Viewing is recommended to fully appreciate the potential this home offers as a canvas for your personal touch.

Investment Analysis

(PE15 area)

Above Market Value

This property is priced +85.0% above area average per sq ft

+85.0%
This Property
£466/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£95,136
10% above area average per sq ft
Potential ROI
-48.6%
After renovation
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

Westfield Road, Manea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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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