2 Bed Semi-Detached House, Single Let, Wisbech, PE14 0HG, £155,000

Well End, Friday Bridge, Wisbech, PE14 0HG - 2 views - 5 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£135K - £305K
Sold Prices/m²£1.6K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£199,285
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£6,150

Total Cash In

£44,900

 

 

Cash Out

 

Rent Range

£775 - £2,200

Rent Estimate

£783

Running Costs/mo

£661

Cashflow/mo

£122

Cashflow/yr

£1,464

ROI

3%

Gross Yield

6%

Local Sold Prices

23 sold prices from £135K to £305K, average is £197.5K. £1.6K/m² to £4.8K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£185K03/210 miA1, Well End, Friday Bridge, Wisbech, Cambridgeshire PE14 0HG2
£170K03/240.05 mi18, Queens Drive, Friday Bridge, Wisbech, Cambridgeshire PE14 0JB2
£140K02/210.14 mi4, Grace Court, Friday Bridge, Wisbech, Cambridgeshire PE14 0LT2
£151K07/210.14 mi6, Grace Court, Friday Bridge, Wisbech, Cambridgeshire PE14 0LT2
£187K05/230.17 miChequers Cottage, Back Road, Friday Bridge, Wisbech, Cambridgeshire PE14 0HU2
£235K11/230.23 mi12, West Drive, Friday Bridge, Wisbech, Cambridgeshire PE14 0JD2
£235K04/230.23 mi9, West Drive, Friday Bridge, Wisbech, Cambridgeshire PE14 0JD2
£190K01/210.23 mi12, West Drive, Friday Bridge, Wisbech, Cambridgeshire PE14 0JD2
£192K12/220.25 mi18, Tower Road, Friday Bridge, Wisbech, Cambridgeshire PE14 0HP2
£180K06/210.25 mi24, Tower Road, Friday Bridge, Wisbech, Cambridgeshire PE14 0HP2
£190K08/230.25 mi31, Tower Road, Friday Bridge, Wisbech, Cambridgeshire PE14 0HP2
£237.5K04/240.26 mi5, Flint Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0JF2
£215K07/240.29 mi19, March Road, Friday Bridge, Wisbech, Cambridgeshire PE14 0HA2
£197.5K01/210.29 mi3, Reed Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0JG2
£135K05/230.29 mi4, Reed Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0JG2
£255K06/240.3 mi28, Bullfinch Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0JH2
£200K07/210.3 mi28, Bullfinch Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0JH2
£240K02/240.3 mi7, Bullfinch Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0JH2
£235K10/230.37 mi25, The Stitch, Friday Bridge, Wisbech, Cambridgeshire PE14 0HX2
£305K11/220.38 mi8, Mill Way, Friday Bridge, Wisbech, Cambridgeshire PE14 0HZ2
£135K12/200.49 mi56, The Stitch, Friday Bridge, Wisbech, Cambridgeshire PE14 0HY2
£200K05/230.66 miCarnaby House, Back Road, Elm, Wisbech, Cambridgeshire PE14 0AX2
£242K03/240.77 mi128, Fridaybridge Road, Elm, Wisbech, Cambridgeshire PE14 0AT2

Local Rents

16 rents from £775/mo to £2.2K/mo, average is £945/mo.

RentDateDistanceAddressBeds 
£1,25006/240 miWell End, Friday Bridge, WISBECH3
£99506/241.11 mi-2
£90006/241.16 miAbington Grove, Elm, Wisbech3
£1,60006/241.3 miLaurel Drive, Elm, Wisbech6
£85006/241.58 miMolls Drove, Friday Bridge, WISBECH2
£78506/241.83 miElm Low Road, Wisbech2
£1,29502/251.94 mi-3
£77506/242.12 miKingfisher Drive, Wisbech2
£77506/242.14 miHarrys Way, Wisbech2
£82506/242.16 miWisbech2
£80006/242.18 miMikanda Close, Wisbech2
£2,20006/242.19 miRedmoor Lane, Wisbech4
£99012/242.23 mi-2
£1,00010/232.27 mi-3
£1,75002/242.43 mi-3
£80006/242.44 miFalklands Drive, Wisbech2

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

3.29 miles away

Nearest school

0.10 miles away

Nearest train station

5.20 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £155,000

February 16, 2025

Listed for £165,000

November 25, 2024

Sold for £130,000

2007

Sold for £118,000

2005

Sold for £83,000

2003

Sold for £52,000

2001

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Semi- Detached House +
  • Ample Off-Road Parking +
  • Village Location +
  • Spacious Lounge/Diner +
  • Generous Enclosed Rear Garden +

SUMMARY
Calling all first-time buyer and investors. This two bed semi-detached house benefits from a spacious lounge, diner, conservatory, ample of off-road parking and generous enclosed rear garden. Situated within walking distance to village amenities.

DESCRIPTION
Lounge/Diner - 6.27m x 3.58m (20'6" x 11'8")

Kitchen - 3.53m x 2.44m (11'6" x 8'0")

Conservatory - 3.81m x 2.44m (12'5" x 8'9")

Bathroom - 2.32m x 1.7m (7'7" x 5'6")

Bedroom 1 - 3.43m x 3.05m (11'3" x 10'0")

Bedroom 2 - 3.07m x 2.57m (10'0" x 8'5")

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 SHARMAN QUINNEY 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

Sharman Quinney, March

01354 704623

Next Steps?

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