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Back Lane, Eye, Peterborough PE6

East of England

£425,000

Listed on 25/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow

Description

This substantial detached home located in the village of Eye offers an exciting opportunity for those looking to invest in a property with great potential. Just a short distance from Peterborough City Centre, this chain-free residence allows for personal touches and extensive customization to evolve it into a remarkable family home. The well-proportioned layout spans two levels, featuring a welcoming entrance hall, a spacious lounge equipped with a living flame gas fire, and an expansive games room complete with a dedicated bar area. The kitchen is generously sized with a breakfast nook, while the separate dining room and adaptable study/bedroom along with a bathroom round off the convenient ground floor options. Upstairs, you'll find a master suite that boasts its own dressing area and en-suite bathroom, complemented by two additional bedrooms and another shower room. The property comes fitted with desirable amenities including a Rangemaster cooker and integrated appliances, as well as fully glazed doors leading to the mature rear garden. Outdoor features include extensive gardens, ample off-road parking space, a double garage, and two brick-built outbuildings which could be transformed for business use or provide additional living accommodation. This property serves as an exceptional blank canvas for families seeking versatility and space in a charming village environment.

Investment Analysis

(PE6 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE6)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +2.0%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on PE6 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

Back Lane, Eye, Peterborough PE6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,516
Based on a loan of £318,750 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.

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