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Ellwood Avenue, Stanground, Peterborough

East of England

£230,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
988 sqft

Description

Offering significant potential for modernisation, this detached bungalow presents a valuable opportunity for investors and DIY enthusiasts alike. Situated in the desirable Stanground area, the property has been lovingly maintained by the same family for 50 years, but now requires an update to meet contemporary living standards. The layout includes an entrance hall leading to a lounge with a coal effect gas fireplace, a dining room with patio doors opening onto the rear garden, and a study that has been partially converted from the garage. It also features a kitchen equipped with essential amenities, two bedrooms with built-in wardrobes, and a bathroom with three-piece suite. Outside, the front of the property boasts off-road parking on a block paved driveway alongside a single garage. The sizeable back garden is ideal for landscaping or gardening projects. This property is being sold with no chain, making it an attractive proposition for those looking to invest or create their dream home near local amenities and public transport links.

Investment Analysis

(PE2 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£233/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£284,524
10% above area average per sq ft
Potential ROI
+5.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE2)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +0.3%
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

Ellwood Avenue, Stanground, Peterborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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