2 Bed Bungalow, Single Let, Wisbech, PE14 9PY, £170,000

Primrose Gardens, Christchurch, Wisbech, PE14 9PY - a year ago

BTL
ROI: 2%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£100K - £340K
Sold Prices/m²£1.1K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£141,628

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£800 - £950

Rent Estimate

£800

Running Costs/mo

£711

Cashflow/mo

£89

Cashflow/yr

£1,065

ROI

2%

Gross Yield

6%

Local Sold Prices

5 sold prices from £100K to £340K, average is £150K. £1.1K/m² to £3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£162.5K04/210.03 miBay Tree Cottage, Crown Road, Christchurch, Wisbech, Cambridgeshire PE14 9NF2
£131K07/221.46 mi3, Hurst Crescent, Lakesend, Wisbech, Norfolk PE14 9QJ2
£100K11/212.49 miThe Bungalow, Squires Drove, Three Holes, Wisbech, Norfolk PE14 9JY2
£150K06/212.74 mi18, Chestnut Avenue, Welney, Wisbech, Norfolk PE14 9RG2
£340K12/232.98 miEvergreen Cottage, Bedford Bank, Welney, Wisbech, Norfolk PE14 9RJ2

Local Rents

2 rents from £800/mo to £950/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£80001/240.24 mi-2
£95006/240.25 miThe Croft, Christchurch, Wisbech3

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

8.17 miles away

Nearest school

0.10 miles away

Nearest train station

3.69 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £170,000

March 12, 2025

Price changed to £175,000

February 8, 2025

Listed for £180,000

May 7, 2024

Floor Plans

Description

  • Modern Semi Detached Bungalow +
  • Two Double Bedrooms +
  • Ample Off Road Parking +
  • Village Location +
  • Generous Plot +
  • NO FORWARD CHAIN +

SUMMARY
A well presented, modern semi detached bungalow, situated in the popular village of Christchurch, offered with NO FORWARD CHAIN! There are 2 double bedrooms, kitchen / diner, bathroom, lounge, generous rear garden and off road parking to the front!

DESCRIPTION
NO FORWARD CHAIN offered on this deceptively spacious, semi detached bungalow located on a private development of just 4 properties, in the popular village of Christchurch.

The property offers 2 double bedrooms, a bathroom, kitchen / diner, lounge to rear overlooking the generous rear garden plus off road parking for multiple cars.

The property is located at the end of the development and is the largest plot on the development. Call now for more information or to arrange a viewing!

Entrance Hall 

Lounge 12' 5" x 13' 3" ( 3.78m x 4.04m )

Kitchen 12' 5" x 10' 10" ( 3.78m x 3.30m )

Bedroom 1 10' 8" x 12' 11" Max ( 3.25m x 3.94m Max )

Bedroom 2 12' 11" x 11' 3" ( 3.94m x 3.43m )

Bathroom 7' 1" x 6' 4" ( 2.16m x 1.93m )

DIRECTIONS
From Wisbech Freedom Bridge roundabout, take the A1101 signposted Downham Market. Upon entering the village of Outwell at the roundabout turn right and then left into Isle Road. Continue through the village of Outwell to the village of Upwell. Proceed along following the signs to Christchurch with the sixteen foot river on your right. Turn left into the village of Christchurch and take the first turning right into Wayside Estate where Primrose Gardens will be found on your left hand side,

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Wisbech

01945 664477

Next Steps?

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