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Leverington Road, Wisbech

East of England

£90,000

Listed on 01/06/2026

Property Details

Bedrooms
2
Type
Detached
Area
1051 sqft

Description

This detached two-bedroom house presents a unique opportunity for renovation enthusiasts and investors alike, situated on a substantial plot in the heart of Wisbech. Currently stripped back internally, the property offers a blank canvas, allowing for extensive refurbishment and potential expansion, subject to obtaining the necessary planning permissions from Fenland District Council. The existing layout includes an entrance hall leading to a lounge, kitchen/diner, conservatory, and upstairs there are two spacious double bedrooms along with a shower room and family bathroom. Leverington Road provides convenient access to local amenities such as shops and schools, making it ideal for those looking to create a modern family home or rental investment in this well-established area.

Investment Analysis

(PE13 area)

Below Market Value

This property is priced -60.1% below area average per sq ft

-60.1%
Potential saving
This Property
£86/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£248,330
10% above area average per sq ft
Potential ROI
+77.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PE13)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -8.9%
5 year growth: +0.9%
Investment Disclaimer: Analysis based on PE13 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

Leverington Road, Wisbech
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£340
Based on a loan of £67,500 over 30 years at 4.45% 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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