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Great North Road, Thornhaugh, Peterborough

East of England

£130,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

This detached bungalow, thought to be of prefab construction, is situated on a substantial plot that spans over one-third of an acre. The property is in a state of disrepair, but its size and location present a significant renovation opportunity for the right buyer. It features a rear lobby, entrance hall, kitchen, living room, three bedrooms, and a bathroom. The garden area at the rear offers potential for landscaping or other outdoor enhancements, while off-road parking is conveniently available on the side. The plot is adorned with various trees and includes timber storage sheds, all backing onto expansive open fields—ideal for those seeking tranquility in nature. Importantly, this property is sold as-is and requires cash buyers due to its non-standard construction. An assessment of planning permissions may be vital for future development plans. With mains electricity supplied and a shared water source requiring a sub-meter installation, the new owner will need to consider these aspects when planning renovations.

Investment Analysis

(PE8 area)
Area Average
£317/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE8)

Area prices are rising by +15.9% over the last 12 months
3 year growth: +10.0%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on PE8 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

Great North Road, Thornhaugh, Peterborough
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£464
Based on a loan of £97,500 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.

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