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Martins Lane, Witcham, Cambridgeshire

East of England

£850,000

Listed on 05/06/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1800 sqft

Description

This property represents a compelling development prospect within the village of Witcham, set on a generous plot of over one acre. The offering includes a four-bedroom detached bungalow alongside a barn and additional land, making it an attractive choice for those looking to invest or develop in the East of England. With its prior planning history, this site holds significant potential for various uses, subject to obtaining the necessary approvals. The bungalow itself spans approximately 1,800 sq ft and is in good condition, providing immediate accommodation while also allowing for substantial renovation or reconfiguration to meet modern standards. Notably, the property features an expansive loft with excellent headroom that could be converted into additional living space, enhancing its value further. Outside, the grounds are extensive and beautifully framed by rural scenery, ensuring privacy and tranquility while maintaining convenient access to Ely and surrounding areas. This site offers considerable flexibility and space rarely found in village properties. Whether you're considering it as a family residence with ample land or as an investment opportunity for future development, this property stands out in its potential.

Investment Analysis

(CB6 area)

Above Market Value

This property is priced +47.7% above area average per sq ft

+47.7%
This Property
£472/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£633,006
10% above area average per sq ft
Potential ROI
-33.4%
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
7%
Properties sold annually

Local Market Trend (CB6)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +1.8%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on CB6 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

Martins Lane, Witcham, Cambridgeshire
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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
£3,211
Based on a loan of £637,500 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.

Stamp Duty Calculator

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