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Money Bank, Wisbech

East of England

£260,000

Listed on 01/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
1776 sqft

Description

This spacious five-bedroom detached family home offers a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled in a desirable area, close to essential schools and local amenities, this substantial residence allows buyers to modernise and tailor it to their specific tastes. The ground floor features an expansive entrance hall, a separate dining room, and an impressive 23ft lounge that could be reimagined into an open-plan living space. The sizeable kitchen, utility room, and conservatory provide a functional layout, while the integral garage adds practical value. Upstairs, you will find five well-proportioned bedrooms along with a family bathroom, making it ideal for families or individuals requiring home office space. The external grounds consist of a generous rear garden complete with patio areas and mature greenery, alongside off-road parking at the front. With no onward chain, this property presents an excellent prospect for creating a modern family home in a fantastic location.

Investment Analysis

(PE13 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%
Potential saving
This Property
£146/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£419,633
10% above area average per sq ft
Potential ROI
+31.1%
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

Money Bank, 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
£982
Based on a loan of £195,000 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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