Wainwright, Peterborough
East of England
£85,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
1Type
PlotFeatures
- Parking
Description
A development plot in Werrington, north of Peterborough, with full planning permission stated for a detached one-bedroom bungalow with a living room, kitchen, bathroom and study. The listing refers to planning reference 25/00885/FUL, approved on 5 September 2025. The proposed scheme includes parking, while the plot information describes two spaces within the land and a shared parking area with space for up to four vehicles in total.
Access is from the Wainwright car park. The listing states that utilities are not connected and advises buyers to check service availability and connection requirements. The land includes areas identified in the supplied plans, with some access and parking areas subject to shared responsibility and rights of way. The site is near local schools, amenities, walking routes and bus services. CGI images are illustrative only; buyers should verify the planning documents, boundaries, access arrangements and service connections.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: LOW
This is a plot-and-build opportunity rather than a renovation of an existing house: the photos show an overgrown site with stored items, while the listing says full planning permission is in place for a one-bedroom detached bungalow with a study and parking. The proposed scheme gives a self-builder a defined starting point in a sought-after Werrington location, but the consent, conditions and approved plans should be checked, and utilities are not connected. The £85,000 asking price cannot yet be judged against local £/sqf because the floor area is missing; the overall opportunity scores low, with renovation economics also unassessed.
Key opportunities
- Create the proposed one-bedroom bungalow with a study, using the supplied plans as a starting point for the build.
- Clear and prepare the overgrown plot, then make use of the planned parking provision in this sought-after residential area.
Key risks
- An undeveloped, overgrown plot with stored items and no connected utilities makes this a site-clearance and new-build programme, not a cosmetic refresh; build budget and timescale need establishing.
- Verify the planning consent, conditions and approved plans, and establish the availability and cost of connecting services.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£321
Based on a loan of £63,750 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.
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