Nettle Bank, Wisbech PE14
East of England
£125,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
Property details
Bedrooms
—Type
LandDescription
An individual plot in a rural position on the outskirts of Wisbech, offered with full planning permission for a two-storey, three-bedroom dwelling. The approved scheme includes demolition of the existing dwelling and shed, with provision for a temporary mobile home. Planning was granted by Fenland District Council under reference F/YR12/0050/F; prospective purchasers should confirm the permission and approved plans directly with the council.
The site has approximately 52 metres of road frontage and extends to a depth of around 15 metres, subject to survey. It is positioned within reach of Wisbech while retaining a countryside setting. Buyers should make their own enquiries about the planning details, site requirements and services. An AML check fee is payable by the buyer after an offer is accepted and is non-refundable once the checks have been completed.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
33out of 100
Grade ELow opportunity
Confidence: LOW
This is a build opportunity rather than a renovation: the photos show an open, uneven plot with rubble, vegetation and site structures, while the listing says full planning permission was granted for a two-storey, three-bedroom home. The substantial road frontage and scope to create a new house from the approved scheme give the site its appeal, but the plot needs clearing and the project is a major build rather than a cosmetic refresh. Verify the permission and approved plans with Fenland District Council. The floor area is missing, so value versus local £/sq ft cannot be judged yet.
Key opportunities
- Create a new two-storey, three-bedroom home around the stated approved scheme, subject to verifying the permission and plans.
- Use the roughly 52m road frontage and open plot to shape the site and new home to suit the project.
Key risks
- Rubble, uneven ground, vegetation and existing site structures mean site clearance and a full new-build budget and programme, not a cosmetic refresh.
- The stated planning permission dates from 2012; confirm its current status and the approved scheme with Fenland District Council.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£472
Based on a loan of £93,750 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.
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