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St. Ives, Cambridgeshire, PE27

East of England

£460,000

Listed on 12/09/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
867 sqft

Description

This charming two-bedroom detached bungalow, believed to date back to around 1900, presents a rare opportunity for buyers seeking a property with significant potential. Nestled on an impressive 0.40-acre plot in a highly convenient location near the heart of St Ives, this home combines period character with the ease of single-storey living. The generous outdoor space offers ample room for gardening, entertaining, or relaxation, and provides exciting possibilities for extension or improvement, subject to necessary planning consents. Just a five-minute walk from St Ives town centre, residents will enjoy easy access to a variety of shops, cafés, restaurants, and local amenities while benefiting from the privacy associated with a detached property. Internally, the bungalow features a kitchen, dining room, living room, and two comfortable bedrooms, making it ideal for couples, small families, or those looking for manageable single-storey accommodation. With its individual charm and spacious grounds, this property is perfect for those wishing to enhance or remodel their future home.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

29out of 100
Grade ELow opportunity

Confidence: MEDIUM

This charming two-bedroom detached bungalow is set on an expansive 0.40-acre plot in a highly convenient location near St Ives town centre. While the property boasts considerable character and potential, the asking price of £460,000 translates to £531/sqf, which is significantly higher than the local average of £344/sqf. This discrepancy indicates that the price is on the dear side, making the overall opportunity less attractive.

The interior shows signs of wear and tear across multiple rooms, including a dated kitchen with worn cabinets and limited modern appliances, along with general dated decor in the living areas and bedrooms. Although there are visible opportunities for improvement, such as the potential to remodel and extend the living spaces, the all-in renovation costs (estimated at £75,000) push the total investment over the implied local average value of £298,248 for this area, leaving a negative margin. Buyers should keep this in mind as they consider the scope of work needed to elevate this property to its full potential.

Key opportunities

  • Spacious 0.40-acre garden providing ample outdoor space for enhancement
  • Characterful interior with potential for modernisation and extension
  • Convenient location just a five-minute walk from St Ives town centre

Key risks

  • Asking price plus estimated renovation costs leaves total investment stretched versus local benchmarks
  • Total commitment could reach about £535,000 before you finish, with refurbishment in the region of £75,000 — around 44% above what similar-sized stock commands locally today. Finished value after works is not modelled here.

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Map

Location

St. Ives, Cambridgeshire, PE27
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,738
Based on a loan of £345,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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