6 Bed Detached House, Single Let, Wisbech, PE14 7SJ, £670,000

WILLOW BARN School Road, Wisbech, Norfolk, PE14 7SJ - 8 months ago

BTL
~186 m²
+12 photos

ValuationOvervalued

Sold Prices£260K - £450K
Sold Prices/m²£1.8K/m² - £6.5K/m²

 

 

Square Metres

~186 m²
Price/m²£3.6K/m²

Value Estimate

£539,657

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£167,500

Stamp Duty & Legal Fees

£42,300

Total Cash In

£209,800

 

 

Cash Out

 

Rent Range

£600 - £2,940

Rent Estimate

£849

Running Costs/mo

£2,284

Cashflow/mo

£-1,435

Cashflow/yr

£-17,215

Gross Yield

2%

Local Sold Prices

15 sold prices from £260K to £450K, average is £378K. £1.8K/m² to £6.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£390K06/210.53 mi120, Smeeth Road, St Johns Fen End, Wisbech, Norfolk PE14 8JF4
£425K10/210.53 mi57a, Smeeth Road, St Johns Fen End, Wisbech, Norfolk PE14 8JF4
£317.5K04/210.53 mi88, Smeeth Road, Marshland St James, Wisbech, Norfolk PE14 8JF4
£342K03/230.53 mi68, Smeeth Road, Marshland St James, Wisbech, Norfolk PE14 8JF4
£400K12/201.2 mi204, Smeeth Road, St Johns Fen End, Wisbech, Norfolk PE14 8JB4
£277K06/211.3 mi4, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QY4
£339K02/211.37 mi8, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX4
£260K03/211.4 mi21, Westfields, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QP4
£435K09/231.58 miSunrise Farm, Rands Drove, Marshland St James, Wisbech, Norfolk PE14 8HA4
£415K03/231.74 miPeach Bungalow, Hall Road, Walpole Highway, Wisbech, Norfolk PE14 7QD4
£350K11/201.76 miShopfield, 53, Old Church Road, Terrington St John, Wisbech, Norfolk PE14 7XA4
£450K10/211.83 miHighfields, Lynn Road, Walpole Highway, Wisbech, Norfolk PE14 7QA4
£450K09/232.12 miWestcott, New Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QF4
£370K05/212.78 mi37, St Pauls Road North, Walton Highway, Wisbech, Norfolk PE14 7DN4
£378K10/232.98 miBramble House, Lynn Road, Walton Highway, Wisbech, Norfolk PE14 7DB4

Local Rents

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

RentDateDistanceAddressBeds 
£80006/241.37 miMagdalen Road, PE342
£1,00006/241.39 miOrchard Close, Tilney St. Lawrence, KING'S LYNN3
£99506/241.4 miTilney St Lawrence, King's Lynn, PE342
£1,80011/231.42 mi-4
£1,55006/241.73 miTilney St Lawrence4
£1,25006/241.73 miTilney St Lawrence3
£1,65006/242.03 miWest Drove South, Walpole Highway, WISBECH5
£2,94009/242.03 mi-5
£1,55012/242.03 mi-5
£1,55012/242.03 mi-5
£1,65006/242.03 miSundale, Walpole Highway, Wisbech, PE145
£60006/242.05 mi-1

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

4.11 miles away

Nearest school

1.10 miles away

Nearest train station

4.66 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £670,000

August 16, 2024

Sold for £177,500

2000

Floor Plans

Description

From the moment you arrive at Willow Barn, it's clear why this property is highly sought-after. This completely detached, large and spacious barn conversion impresses with its design and the sheer number of rooms. Its secluded location offers privacy away from the hustle and bustle, while still being relatively close to the community. The property is surrounded by sprawling fields and greenery, immersing you in the wonder of the countryside.

A Welcoming Family Home
Willow Barn has been transformed into a welcoming and comfortable family home, retaining an essence of its original barn design. With six bedrooms and multiple bathrooms, it provides an abundance of living space, ideal for large families or those who enjoy hosting.

Living Spaces:

The property features multiple living areas, including a large living room and another hybrid living room/diner, offering various spaces to relax.
There is an entirely separate section of the house with its own living room, bathroom, kitchen, and two bedrooms. This area, while part of the main house, maintains a sense of separation and could be used as guest lodgings or an adjoined annexe.
Bedrooms and Bathrooms:

Upstairs are four large bedrooms and a modern family bathroom. The master bedroom boasts a stylish en suite, and all bedrooms have space for freestanding furniture.
A separate bathroom is located downstairs, enhancing the property's functionality for busy family life.
Outdoor Space and Facilities
Willow Barn offers extensive outdoor space with approximately three acres of land, including stables and sheds. This provides ample storage and facilities for equestrian enthusiasts.

Garden:

The large and impressive garden is perfect for al fresco dining, entertaining, playing, and gardening. It offers a tranquil and private space with stunning views of the surrounding fields.
Location and Amenities
Willow Barn is located in a lovely area with plenty of local amenities. While you can easily access the local supermarket or enjoy a meal out, you won’t be disturbed by village events and other activities. The location strikes a perfect balance between peace and quiet, and the convenience of nearby facilities.

Willow Barn is a special property offering a unique blend of space, design, and countryside charm, making it an ideal family home or a retreat for those seeking a serene lifestyle.

The thriving community surrounding Willow Barn has much to offer:

Local Amenities:

Paper Shop: Convenient for your daily news and essentials.
Hairdresser and Nail Bar: Perfect for self-care and pampering.
Pop-Up Pizza Bar: Enjoy delicious pizzas every Friday.

Nearby Facilities:

Doctors' Surgery: Just five minutes away in Terrington St. John for all your healthcare needs.
Dining Options: In Terrington St. John, you can dine at The Barn Restaurant and The Woolpack Inn. Additionally, Worzal’s bar, restaurant, farm shop, and garden centre are only a ten-minute drive away.

Community Hub:

Marshland Hall: This recently built village hall serves as the main hub of entertainment and activities in the village. It hosts a farmers’ market, café, bar, and various classes including judo, archery, and keep fit. The hall also features a children's play area and provides numerous activities for children.

Willow Barn is ideally situated, offering both seclusion and convenient access to major transport links and nearby towns:

Transport Links:

Watlington Train Station: Just a ten-minute drive away, providing direct trains to London Kings Cross.

Peterborough: Approximately a 45-minute drive to the west.

Norwich and Cambridge: Both cities are just over an hour away by car.

Kings Lynn: A mere 15-minute drive to the north, offering additional amenities and services.

This convenient location ensures that while you enjoy the tranquility of countryside living, you're never far from urban centers and essential transport links.

Agent Details

Abbotts, Kings Lynn

01553 603463

Next Steps?

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

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