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Limes Avenue, Wisbech PE14

East Midlands

£195,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1063 sqft

Description

This semi-detached home features three bedrooms and is located on a peaceful residential street in the village of Elm, conveniently close to Wisbech. The property presents an appealing opportunity for buyers interested in renovation or investment, particularly given its spacious layout and lack of onward chain. Upon entering, you’ll find a hallway that leads directly to the main living spaces. The lounge extends from the front to the rear of the house, benefiting from plenty of natural light. With some updates, this area has great potential to become a cozy gathering spot for family and friends. At the back of the home, there is a kitchen that currently includes fitted units and overlooks the garden. This space holds significant promise for redesign; with appropriate planning permission, it could be transformed into an open-plan kitchen/diner or family area that better suits modern living preferences. Additionally, a conservatory provides extra utility and direct access to the rear garden. The first floor comprises three well-sized bedrooms, including two spacious doubles and a single room that could serve as an office or guest space. Each bedroom has ample natural light and provides options for redecoration or reconfiguration based on your needs. The family shower room on this level is currently configured as a wet room, making it accessible while also offering scope for modernization. Externally, the property includes a lawned front garden alongside a large driveway, providing off-road parking and possibilities for landscaping enhancements. The rear garden is particularly sizeable, presenting diverse opportunities for patio creation or even further extensions (subject to necessary consents). Elm offers local amenities such as schools and shops within easy reach while providing quick access to the surrounding Fenland countryside ideal for walks and outdoor activities. Excellent road links via major routes like the A1101 and A47 enhance connectivity to nearby towns such as Cambridge, Peterborough, and King's Lynn. This property stands out not only as a potential family home but also as an investment project with considerable renovation possibilities in a sought-after location.

Investment Analysis

(PE14 area)

Below Market Value

This property is priced -24.6% below area average per sq ft

-24.6%
Potential saving
This Property
£183/sq ft
Area Average
£243/sq ft

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Target Value
£284,608
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE14)

Area prices are rising by +8.0% over the last 12 months
3 year growth: -2.6%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on PE14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Limes Avenue, Wisbech PE14
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