3 Bed Terraced House, Single Let, Wisbech, PE14 8PA, £143,500

60 WISBECH ROAD, OUTWELL, PE14 8PA - 9 months ago

BTL
ROI: 2%
78 m²
+12 photos

ValuationUndervalued

Sold Prices£143K - £380K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

78 m²
Price/m²£1.8K/m²

Value Estimate

£181,494
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,875

Stamp Duty & Legal Fees

£5,700

Total Cash In

£41,575

 

 

Cash Out

 

Rent Range

£625 - £1,750

Rent Estimate

£706

Running Costs/mo

£610

Cashflow/mo

£96

Cashflow/yr

£1,156

ROI

3%

Gross Yield

6%

Local Sold Prices

34 sold prices from £143K to £380K, average is £234.5K. £1.2K/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£235K10/230 mi26, Wisbech Road, Outwell, Wisbech, Norfolk PE14 8PA3
£215K01/230.2 mi26, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB3
£227.5K07/210.2 mi40, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB3
£150K07/210.21 mi1 Canal Villas, Isle Road, Outwell, Wisbech, Norfolk PE14 8TD3
£143K01/230.21 miThe Cottage, Isle Road, Outwell, Wisbech, Norfolk PE14 8TD3
£300K05/230.22 mi8, Well Creek Road, Outwell, Wisbech, Norfolk PE14 8SD3
£190K08/230.24 mi69, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£172K01/240.24 mi44, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£151K09/230.24 mi7, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£325K08/230.24 mi57, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£240K12/200.27 mi46, Downham Road, Outwell, Wisbech, Norfolk PE14 8SE3
£295K07/230.27 miRosegarth, Rectory Road, Outwell, Wisbech, Norfolk PE14 8RD3
£240K11/220.29 mi49, Churchfield Road, Outwell, Wisbech, Norfolk PE14 8RL3
£205K11/230.29 mi43, Churchfield Road, Outwell, Wisbech, Norfolk PE14 8RL3
£255K02/230.34 mi30, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN3
£190K03/210.35 mi20, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN3
£315K04/210.35 mi134, Wisbech Road, Outwell, Wisbech, Norfolk PE14 8PF3
£236K01/210.38 mi4, Russell Drive, Outwell, Wisbech, Norfolk PE14 8RS3
£206.5K11/220.38 mi11, Bridle Close, Outwell, Wisbech, Norfolk PE14 8RT3
£188K05/210.47 miBraybrook, 19, Town Street, Upwell, Wisbech, Cambridgeshire PE14 9AF3
£380K03/230.51 miMaltravers, Low Side, Upwell, Wisbech, Norfolk PE14 9BB3
£270K05/210.58 miBirdbeck Cottage, Basin Road, Outwell, Wisbech, Norfolk PE14 8TQ3
£234K07/230.59 mi103, Church Drove, Outwell, Wisbech, Norfolk PE14 8RP3
£355K05/240.59 mi97, Church Drove, Outwell, Wisbech, Norfolk PE14 8RP3
£250K11/200.59 miPeppercorns, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL3
£212.5K02/230.61 mi85, The Russets, Upwell, Wisbech, Norfolk PE14 9AQ3
£160K12/200.61 mi85, The Russets, Upwell, Wisbech, Norfolk PE14 9AQ3
£175K12/230.62 mi28, The Russets, Upwell, Wisbech, Norfolk PE14 9AJ3
£250K12/210.67 miLincroft, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL3
£270K06/230.72 mi9, Lode Avenue, Upwell, Wisbech, Norfolk PE14 9BH3
£340K04/210.73 mi27, Town Street, Upwell, Wisbech, Norfolk PE14 9AD3
£327K01/210.86 mi121, Small Lode, Upwell, Wisbech, Norfolk PE14 9BL3
£170K11/230.94 mi90, Town Street, Upwell, Wisbech, Norfolk PE14 9DF3
£200K05/230.94 mi91, Town Street, Upwell, Wisbech, Norfolk PE14 9DF3

Local Rents

20 rents from £625/mo to £1.8K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85006/240 miWisbech Road, Outwell, WISBECH2
£75006/240 miWisbech Road, Outwell, Wisbech3
£89001/250.11 mi-3
£76503/230.12 mi-2
£82506/240.12 miChurch Terrace, Outwell, Wisbech2
£82506/240.12 miChurch Terrace, Outwell, WISBECH2
£1,05006/240.25 miOak Drive, Outwell, Wisbech3
£80006/240.33 mi6 St Andrews Close, Outwell, Wisbech2
£95008/230.37 mi-3
£70004/250.41 mi-2
£62507/240.41 mi-1
£1,30003/230.55 mi-4
£1,00006/230.55 mi-4
£1,75002/240.83 mi-3
£75009/240.86 mi-2
£70005/241.19 mi-2
£70012/241.19 mi-2
£75006/241.33 miNew Bridge Road, Upwell, WISBECH1
£85006/241.37 miMolls Drove, Friday Bridge, WISBECH2
£1,00010/232.24 mi-3

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

4.51 miles away

Nearest school

0.20 miles away

Nearest train station

5.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £143,500

January 11, 2025

Price changed to £146,995

December 6, 2024

Listed for £149,995

August 10, 2024

Sold for £100,500

2012

Sold for £105,000

2007

Sold for £98,500

2005

Sold for £84,000

2004

Sold for £59,950

2002

Floor Plans

Description

  • Very Deceptive Three Bedroomed End-Terraced House +
  • Three Bedrooms +
  • Highly Sought After Village +
  • Two Reception Rooms +
  • Fitted Kitchen with Built in Oven & Hob +
  • Oil Fired Central Heating & Double Glazing +
  • Enclosed Garden to Rear +
  • NO UPWARD CHAIN! +
  • VIEW QUICKLY! +
  • EPC D : COUNCIL TAX BAND A KINGS LYNN & WEST NORFOLK +

VERY DECEPTIVE THREE BEDROOMED END-TERRACED HOUSE SITUATED CLOSE TO THE CENTRE OF THIS HIGHLY SOUGHT AFTER NORFOLK VILLAGE WITH ITS OWN SCHOOL, PUB, POST OFFICE, SHOP & GARAGE! * TWO RECEPTION ROOMS * FITTED KITCHEN WITH BUILT IN OVEN & HOB * ENCLOSED GARDENS TO REAR * OIL FIRED CENTRAL HEATING * DOUBLE GLAZING * NO UPWARD CHAIN! * VIEW QUICKLY!!

THE ACCOMMODATION: (Dimensions given are approximate only)

LOUNGE:
12' 5" (max) x 11' 2" (max) With feature surround enclosing an electric 'flame effect' fire.

INNER HALL: With stairway off.

DINING ROOM:
11' 1" (max) x 11' 1" (max) With walk-in cupboard housing Thermecon oil fired central heating boiler and programmer.

FITTED KITCHEN: 11' 2" (max) x 8' 9" (max) With tiled floor, part tiled walls, built in electric hob, built in electric oven, range of wall cupboards, electric hob hood, preparation surfaces with drawers & cupboards under, part tiled walls, inset stainless steel single drainer 1 ½ bowl sink unit with mixer tap & cupboards under.

GROUND FLOOR BATHROOM/W.C.:
With low level W.C., pedestal wash basin, panelled bath with thermostatic shower overhead, extractor fan.

FIRST FLOOR:

LANDING: With access to loft.

BEDROOM NO 1: 12' 6" (max) x 11' 3" (max) With range of fitted wardrobe/cupboards.

BEDROOM NO 2: 11' 1" (max) x 11' 1" (max) leading to: -

BEDROOM NO 3: 8' 3" (max) x 7' (max)

OUTSIDE: OIL STORAGE TANK : COLD WATER TANK

GARDENS:
Shared pathway to side leads to the enclosed rear garden which is down to shingle.

Agent Details

Robert Hale Estates, Wisbech

01945 661608

Next Steps?

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