London Road, Chatteris PE16
East of England
£180,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
5Type
LandArea
3000 sqftDescription
A residential building plot on the outskirts of Chatteris, with consent for a substantial detached home of approximately 3,000 sq ft. The approved design is for five double bedrooms, four bathrooms and a double garage. The listing states that outline permission was granted in July 2023 for up to six detached homes with garages and a new access, followed by reserved matters approval in June 2025 for the appearance and landscaping of five properties. Buyers should check the precise scope and status of the consents and the plot included in this sale.
The site is set among open Cambridgeshire countryside, with Ely described as less than nine miles away. The listing notes nearby primary schools and Cromwell Community College, as well as rail connections from Ely to Cambridge and London. This is a land purchase rather than an existing completed five-bedroom house, so construction costs, services, access and the applicable planning conditions will need to be assessed.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: LOW
At £180,000, this is a strikingly low asking price against the local average of £258 per sq ft, making the plot’s entry price a clear opportunity. The appeal is the consented scheme for a substantial five-bedroom detached home, with open countryside views and Ely within reach; the listing also describes approved appearance and landscaping for five properties.
This is a build project rather than a renovation: the photos show open land and CGI proposals, not a completed house. Check the planning documents, what land is included and the delivery requirements, and bear in mind that the listing’s estimated completed value is not a guaranteed outcome. The overall score is D because the project’s condition and economics are difficult to assess from the available information, despite the strong asking-price comparison.
Key opportunities
- Create the approved substantial five-bedroom detached home with double garage.
- Build around the open countryside outlook, with the listing proposing landscaped gardens.
- Acquire at an asking price substantially below the local average per square foot.
Key risks
- Confirm the planning approvals, plot boundaries and included land, and the requirements and costs involved in delivering the scheme.
- The CGI images show proposed landscaping and design, not the completed specification or finished condition.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Nearest stations
Manea Rail Station
7.2 miles
Train · Manea
March Rail Station
8.8 miles
Train · March
Ely Rail Station
10.1 miles
Train · Ely
Whittlesea Rail Station
10.3 miles
Train · Whittlesey
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£735
Based on a loan of £135,000 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
