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Panswell Lane, Wisbech

East of England

£300,000
Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1576 sqft

Description

This four-bedroom chalet bungalow, currently in shell condition, represents an exceptional opportunity for builders and self-build enthusiasts in Wisbech. The property is strategically located on Orchard View, providing ample space for customization and a layout that promotes open-plan living. With the structural framework already established, buyers can focus on bringing their personal vision to life by completing the interior according to their preferences. The spacious plot includes a garage for added convenience, enhancing both functionality and potential resale value. This project is perfect for those looking to invest time and resources into creating a tailored living space while capitalizing on its significant scope for value appreciation once finished. Please note there are easements affecting access and specific arrangements regarding heating and waste management that will need to be addressed during renovation.

Investment Analysis

(PE13 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£190/sq ft
Area Average
£216/sq ft
Avg Rent (weekly)
£174
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£373,677
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PE13)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -9.7%
5 year growth: -0.8%
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

Panswell Lane, Wisbech
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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