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Murrow Bank, Murrow, Wisbech PE13

East of England

£110,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1274 sqft

Description

This detached home, located in the tranquil village of Murrow, presents a significant opportunity for those interested in a comprehensive renovation project. The property features a flexible layout with two reception rooms, a kitchen with an adjoining utility space, a shower room, and convenient ground floor living with a bedroom. Upstairs, you will find two additional double bedrooms and a single room. While the interior is in need of extensive modernisation and refurbishment, its generous plot size boasts off-road parking and a large enclosed garden that enhances its appeal for potential buyers looking to create their ideal living space. With no onward chain, this property is particularly suited for investors or homeowners eager to add value through refurbishment. The existing configuration allows for various design possibilities that could transform it into a contemporary family home. Prospective purchasers should be ready for substantial renovation work but will benefit from the exceptional potential this property offers.

Investment Analysis

(PE13 area)

Below Market Value

This property is priced -60.3% below area average per sq ft

-60.3%
Potential saving
This Property
£86/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£175
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£304,524
10% above area average per sq ft
Potential ROI
+52.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PE13)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -7.0%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on PE13 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

Murrow Bank, Murrow, Wisbech PE13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£390
Based on a loan of £82,500 over 30 years at 3.91% 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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