Summary - Mildenhall Road, Littleport, Ely, Cambridgeshire, CB7 CB7 4SY
2 bed 2 bath Bungalow
### Key Features & Considerations:
- **Type:** Bungalow (fixer-upper)
- **Bedrooms:** 2, **Bathrooms:** 2
- **Planning Permission:** Approved for demolition and construction of two 1.5-story dwellings (22/00891/FUL)
- **Plot Size:** Massive potential for development
- **Location:** Semi-rural, with access to Ely and Mildenhall
- **Current Condition:** Derelict, in need of significant renovation or rebuilding
- **Auction Sale:** Will be sold via Modern Method of Auction
- **Price:** £200,000
This property presents a unique opportunity for investors or developers looking to capitalize on its prime location and extensive plot size in a semi-rural hamlet. Currently, the bungalow requires a comprehensive renovation, but with outline planning permission already in place for the demolition of two derelict bungalows and the construction of two new 1.5-story homes, the value-add potential is significant.
The area is characterized by a peaceful, rural lifestyle with direct access links to nearby towns, making it appealing for families or individuals desiring a tranquil setting with the convenience of urban amenities. While the property’s condition may deter some, it’s an excellent canvas for those interested in creating a bespoke living space or pursuing a profitable development project. Be prepared for the auction process, with conditions requiring offers to be timely as demand is expected to be high in such an exclusive area.
Prospective buyers should note the high crime rates and average mobile signal and broadband speeds, which may impact lifestyle and investment choices. This listing is not expected to last long on the market, given its combination of potential and price point—act fast to seize this opportunity!
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