2 Bed Semi-Detached House, Single Let, Wisbech, PE14 7RS, £170,000

Ely Row, Terrington St John, Wisbech, PE14 7RS - 9 months ago

Sold STC

BTL

ROI: 3%

~50 m²

+6 photos

ValuationOvervalued

Sold Prices	£106.7K - £250K
Sold Prices/m²	£1.9K/m² - £4.5K/m²

Square Metres	~50.02 m²
Price/m²	£3.4K/m²
Value Estimate	£129,357£129,357

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,500£42,500
Stamp Duty & Legal Fees	£9,700£9,700
Total Cash In	£52,200£52,200

Cash Out
Rent Range	£600 - £2,940£600 - £2,940
Rent Estimate	£849
Running Costs/mo	£721£721
Cashflow/mo	£128£128
Cashflow/yr	£1,535£1,535
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

26 sold prices from £106.7K to £250K, average is £161K. £1.9K/m² to £4.5K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£168K	05/21	0.05 mi	12, Orchard Way, Terrington St John, Wisbech, Norfolk PE14 7TD	-	-	2	Semi-Detached House
£200K	08/23	0.05 mi	20, Orchard Way, Terrington St John, Wisbech, Norfolk PE14 7TD	£2,833	71	2	Semi-Detached House
£186K	11/22	0.07 mi	Pinders, Main Road, Terrington St John, Wisbech, Norfolk PE14 7RR	£2,480	75	2	Terraced House
£140K	05/23	0.14 mi	16, School Road, Terrington St John, Wisbech, Norfolk PE14 7SE	£1,950	72	2	Semi-Detached House
£128K	01/21	0.18 mi	39, Old Church Road, Terrington St John, Wisbech, Norfolk PE14 7XA	£1,932	66	2	Terraced House
£245K	03/24	0.37 mi	3, Westfields Close, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QW	£4,016	61	2	Bungalow
£210K	05/23	0.47 mi	40, School Road, Terrington St John, Wisbech, Norfolk PE14 7SG	£2,414	87	2	Semi-Detached House
£200K	08/22	0.48 mi	7a, St Johns Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QJ	£3,390	59	2	Terraced House
£175K	06/24	0.56 mi	10, Stallett Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4HT	£3,500	50	2	Semi-Detached House
£136.5K	06/21	0.56 mi	9, Stallett Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4HT	£2,007	68	2	Semi-Detached House
£167.5K	04/23	0.57 mi	4, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ	£2,428	69	2	Terraced House
£130K	08/21	0.57 mi	17, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ	-	-	2	Terraced House
£106.7K	11/20	0.57 mi	1, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ	£2,051	52	2	Terraced House
£122K	06/21	0.62 mi	7, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ	£2,259	54	2	Terraced House
£167K	04/23	0.62 mi	26, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ	£2,420	69	2	Terraced House
£172K	06/21	0.62 mi	6, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ	£3,583	48	2	Semi-Detached House
£155K	10/23	0.65 mi	61, Church Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QQ	£2,818	55	2	Semi-Detached House
£127.5K	01/22	0.68 mi	5, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX	-	-	2	Terraced House
£135K	09/22	0.7 mi	17, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX	£2,296	59	2	Terraced House
£140K	01/21	0.7 mi	11, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX	£2,692	52	2	Terraced House
£250K	01/23	0.8 mi	35, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RF	£3,788	66	2	Detached House
£217K	09/23	0.85 mi	71c, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ	£4,521	48	2	Terraced House
£150K	09/21	0.85 mi	67a, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ	£3,000	50	2	Semi-Detached House
£150K	05/21	0.85 mi	67c, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ	£3,191	47	2	Terraced House
£155K	07/21	0.85 mi	69a, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ	-	-	2	Terraced House
£195K	08/23	0.94 mi	156, Church Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QG	£2,191	89	2	Terraced House

Local Rents

12 rents from £600/mo to £2.9K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,550	06/24	0.65 mi	Tilney St Lawrence	4	Detached House
£1,250	06/24	0.65 mi	Tilney St Lawrence	3	Detached House
£995	06/24	0.67 mi	Tilney St Lawrence, King's Lynn, PE34	2	Terraced House
£800	06/24	0.7 mi	Magdalen Road, PE34	2	Flat
£1,000	06/24	0.71 mi	Orchard Close, Tilney St. Lawrence, KING'S LYNN	3	Flat
£600	06/24	1.37 mi	-	1	Terraced House
£2,940	09/24	2.13 mi	-	5	Detached House
£1,550	12/24	2.14 mi	-	5	Detached House
£1,550	12/24	2.14 mi	-	5	Detached House
£1,650	06/24	2.14 mi	Sundale, Walpole Highway, Wisbech, PE14	5	Detached House
£1,650	06/24	2.14 mi	West Drove South, Walpole Highway, WISBECH	5	Detached House
£1,600	06/24	2.24 mi	Tilney All Saints	3	Semi-Detached House

Local Area Statistics

Population in PE14	20,84420,844
Population in Wisbech	56,03056,030
Town centre distance	4.83 miles away4.83 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	5.03 miles away5.03 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+2%+2%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+27%+27%

Property History

Listed for £170,000

July 19, 2024

Floor Plans

Description

Semi Detached House +
Two Bedrooms +
Living Room With Patio Doors To Rear Garden +
UPVC Double Glazing +
Oil Central Heating +
Fitted Kitchen +
Family Bathroom +
Cloakroom +
Boiler Replaced 2022 +
Driveway Parking +

Situated in Terrington St John is this two bedroom semi detached house. The property comprises of a modern fitted kitchen, downstairs cloakroom and a living room that has patio doors to the rear enclosed garden. On the first floor there are two bedrooms and a family bathroom. The rear garden is mainly laid to lawn with a patio area. To the front of the property is driveway parking. There is UPVC double glazing and oil fired central heating with a new boiler installed in 2022, perfect for a first time buyer or investor.

Agent Details

King & Partners, Downham Market

01366 385588

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationOvervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

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