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Money Bank, Wisbech

East of England

£225,000

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1292 sqft

Description

This spacious detached bungalow is located within a short stroll to the town centre, providing easy access to various amenities. It offers an exceptional opportunity for those looking to invest in a property with significant renovation potential. The interior features a generously sized 25ft bay-fronted lounge that invites plenty of natural light, and a large kitchen/diner that can be transformed into a modern hub for family gatherings and entertaining. Additionally, the conservatory overlooks the private rear garden, adding extra versatility to the living space. The accommodation includes two substantial double bedrooms, one of which has the convenience of an ensuite shower room. There is also a separate family bathroom that presents an opportunity for updating to suit modern preferences. Outside, the bungalow benefits from a low-maintenance gravelled front garden, off-road parking, and a garage. The private rear garden offers a serene setting perfect for relaxation or gardening enthusiasts. With no onward chain and the need for full modernisation throughout, this property is ripe for transformation into an excellent home in a highly sought-after area.

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Investment analysis

(PE13 area)

Below Market Value

This property is priced -17.9% below area average per sq ft

-17.9%
Potential saving
This Property
£174/sq ft
Area Average
£212/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£301,579
10% above area average per sq ft
Potential ROI
+11.7%
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 stable by -1.2% over the last 12 months
3 year growth: -5.8%
5 year growth: +0.2%
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
£850
Based on a loan of £168,750 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

Next Steps

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