Worst House on the Street Logo
Horseway, Chatteris PE16 - Image 1
Horseway, Chatteris PE16 - Image 2
Horseway, Chatteris PE16 - Image 3
Horseway, Chatteris PE16 - Image 4
Horseway, Chatteris PE16 - Image 5
Horseway, Chatteris PE16 - Image 6
Horseway, Chatteris PE16 - Image 7
Horseway, Chatteris PE16 - Image 8
Horseway, Chatteris PE16 - Image 9
Horseway, Chatteris PE16 - Image 10
Horseway, Chatteris PE16 - Image 11
Horseway, Chatteris PE16 - Image 12
Horseway, Chatteris PE16 - Image 13
Horseway, Chatteris PE16 - Image 14
Horseway, Chatteris PE16 - Image 15
Horseway, Chatteris PE16 - Image 16
Horseway, Chatteris PE16 - Image 17
Horseway, Chatteris PE16 - Image 18
Horseway, Chatteris PE16 - Image 19
Horseway, Chatteris PE16 - Image 20
Horseway, Chatteris PE16 - Image 21
Horseway, Chatteris PE16 - Image 22
Horseway, Chatteris PE16 - Image 23
Horseway, Chatteris PE16 - Image 24
Horseway, Chatteris PE16 - Image 25
Horseway, Chatteris PE16 - Image 26

Horseway, Chatteris PE16

East of England

£650,000

Listed on 17/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1093 sqft

Description

This three-bedroom detached bungalow is nestled in a secluded setting, surrounded by nearly five acres of gardens and grazing land, presenting a unique opportunity for equestrian enthusiasts. The property features existing stabling facilities, a feed room, and a hay barn, along with an impressive 60m x 20m arena that is already equipped with LED lighting. With ample parking and a large garage, this home is perfect for those looking to invest in rural living while enhancing their equestrian activities. The bungalow itself comprises a functional layout with double-glazed windows and oil-fired central heating. The kitchen is fitted with essential units but could benefit from modernization, and the sun room offers potential for a more extensive view of the grounds. Additionally, the spacious lounge/dining area boasts natural light from large windows, and improvements could transform it into an inviting social space. The property's outer areas include mature gardens, greenhouses, and extensive equestrian facilities that can be developed further. A noteworthy aspect of this investment is the previously lapsed planning permission for the demolition of the existing dwelling to erect a two-storey replacement. This opens up substantial potential for reimagining the residential aspect of the property while maintaining its equestrian appeal. Overall, this property stands as a promising canvas for renovation and development in an accessible rural location.

Investment Analysis

(PE16 area)

Above Market Value

This property is priced +127.4% above area average per sq ft

+127.4%
This Property
£595/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£264
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£314,462
10% above area average per sq ft
Potential ROI
-56.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE16)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +0.4%
5 year growth: +25.3%
Investment Disclaimer: Analysis based on PE16 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

Horseway, Chatteris PE16
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,319
Based on a loan of £487,500 over 30 years at 3.97% 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

Price History

-7.1% since listed
£650,000£20,000(-3.0%)
18/03/2026
Current price
£670,000£15,000(-2.2%)
16/05/2025
£685,000£14,995(-2.1%)
25/03/2025
£699,995Initial listing
04/07/2024

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates