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See how verdicts work3-bedroom bungalow · PE13 4PE
For saleReduced £20k (−5%) on 27 AugListed 648 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nearing completion Plot 2 is a detached 3 bedroom, 3 bathroom new build bungalow providing over 1500 sq ft of accommodation with single garage in addition, with off street parking to the front situated in the popular village of Gorefield.
Gorefield, located just outside Wisbech in Cambridgeshire, is a small village that offers a peaceful, rural escape with easy access to the surrounding Fenland countryside.
Known for its charming rural atmosphere, it’s ideal for those looking for a slower pace of life while still being close to larger towns and amenities.
The village is steeped in local history, with its church, St. Peter's, dating back to the 14th century, providing a glimpse into the area’s heritage.
The village’s proximity to Wisbech, a market town with a rich history, means residents can easily access shops, cafes, and cultural attractions like the Wisbech & Fenland Museum.
Gorefield is well-connected by road, making it a convenient location for commuting to Peterborough, Cambridge, or the Norfolk coast.
With its tranquil surroundings and a close-knit community, Gorefield is perfect for those seeking a quiet, rural retreat with convenient access to both nature and urban amenities.
While small, it’s a village that balances traditional charm with modern-day convenience.
Built to a very high standard with underfloor heating throughout it offers modern open plan kitchen/dining area, living room to the rear overlooking the large rear garden, utility room with door into garage, 3 bedrooms with ensuite to master bedroom and 2nd bedroom, and family bathroom.
Situated on a new build development site of 38 new homes, this property is available in the first phase, and will be ready from Summer 2025.
Built by a reputable local builder with over 25 years experience in the building industry this property has been built to a high standard and offers the perfect space.
Generously sized rear garden 10 year warranty Off Street parking for 2 cars Heated by air source heat pump Underfloor heating throughout Mains Water, Electric and Drainage Local amenities and schools in close proximity Vacant possession on completion - Property Ref : 2153.
Kitchen Fitted with a matching range of base & eye level units. Appliances are Integrated. Kitchen/Dining Room. Underfloor heating. Windows to front. Living Room Reception Room.
Underfloor heating. Patio door. Door to garden. Windows to rear. Utility Room Fitted with a matching range of base units. Underfloor heating. Space and plumbing for washing machine.
Space and plumbing for tumble dryer. Door to rear. Windows to front. Bedroom One En-suite Shower Room. Master Bedroom. Underfloor heating. Windows to rear. Bedroom Two Double Bedroom.
En-suite Shower Room. Underfloor heating. Windows to front. Bedroom Three Double Bedroom. Underfloor heating. Windows to front. Bathroom Fitted with a three piece suite. Heated towel rail.
En-Suite Shower Room En-Suite Shower Room ** Material Information (See Property Report Via Additonal Links For More Information) ** Tenure: Freehold EPC Rating: Council Tax Band: Not Currently Known Max.
Broadband Speed (estimated): 75 Mbps Mains Gas: No Mains Water: Yes Mains Drainage: Yes Mains Electricity: Yes Property Reference: 2153 gdpr: By submitting an enquiry, you consent to your information being shared with the seller of this property or the agent representing the property.
Your details will only be used to respond to your enquiry and arrange viewings or provide further information.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Plot 2, Back Road, Gorefield
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