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Westfield Road, Manea, March, Cambridgeshire PE15

East of England

£575,000

Listed on 31/05/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents an exceptional investment opportunity in the desirable village of Manea, with outline planning permission already secured for the construction of seven new homes, complemented by individual garages and a new access route. The site is strategically located within a well-established residential zone that is conveniently close to local amenities and transport options, while also enjoying the scenic beauty of the surrounding countryside. Importantly, the existing bungalow will remain on-site, along with provisions for a retention pond, enhancing the attractiveness of this potential development. For developers seeking a project in a charming Fenland setting with excellent connectivity, this site offers significant promise. Interested parties should note that all due diligence regarding service availability will be the responsibility of the purchaser. The full planning details can be referenced via Fenland District Council under Reference F/YR24/0525/O.

Investment Analysis

(PE15 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE15)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -7.2%
5 year growth: +3.3%
Investment Disclaimer: Analysis based on PE15 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

Westfield Road, Manea, March, Cambridgeshire PE15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,172
Based on a loan of £431,250 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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