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St. Peters Farm, Middle Drove, Marshland St. James

East of England

£200,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This spacious three-bedroom detached house, characterized by its double-fronted design, sits on a generous plot of approximately 0.7 acres in the tranquil Middle Drove region. While the property is in need of refurbishment, it presents an excellent opportunity for renovation and potential expansion, subject to planning permissions. A previous approval for a substantial two-storey extension was granted in 2009, which adds to its investment appeal since it can be re-applied for or modified under current regulations. The house features a welcoming entrance hall leading to a sitting room, dining area, kitchen, utility space, and shower room on the ground floor. The first floor comprises a central landing that accesses a master bedroom and two additional bedrooms. Surrounded by lush greenery, the main garden is primarily lawned and includes a gated shingle driveway offering ample parking. Additionally, there are large dog kennels with runs at the rear, catering to pet owners or those interested in creating flexible outdoor spaces. The property is securely fenced and hedged for privacy. Moreover, an additional section of land spanning approximately 0.38 acres previously received planning approval for a manège in 2009—a noteworthy feature for equestrian enthusiasts looking to develop their ideal outdoor facility. Set within the well-established village of Marshland St James, this location provides easy access to local amenities while being conveniently located near transport options connecting to larger towns and cities including Ely and Cambridge.

Investment Analysis

(PE14 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE14)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -7.0%
5 year growth: +6.5%
Investment Disclaimer: Analysis based on PE14 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

St. Peters Farm, Middle Drove, Marshland St. James
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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
£708
Based on a loan of £150,000 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.

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