3 Bed Terraced House, Single Let, Wisbech, PE14 8PA, £140,000

Wisbech Road, Outwell, Norfolk, PE14 8PA - 1 views - 5 months ago

BTL
ROI: 2%
~93 m²
+14 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£190,650
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,850

Total Cash In

£40,850

 

 

Cash Out

 

Rent Range

£625 - £1,750

Rent Estimate

£706

Running Costs/mo

£599

Cashflow/mo

£107

Cashflow/yr

£1,288

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 
£235K10/230.02 mi26, Wisbech Road, Outwell, Wisbech, Norfolk PE14 8PA3
£150K07/210.19 mi1 Canal Villas, Isle Road, Outwell, Wisbech, Norfolk PE14 8TD3
£143K01/230.19 miThe Cottage, Isle Road, Outwell, Wisbech, Norfolk PE14 8TD3
£215K01/230.19 mi26, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB3
£227.5K07/210.2 mi40, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB3
£300K05/230.24 mi8, Well Creek Road, Outwell, Wisbech, Norfolk PE14 8SD3
£190K08/230.26 mi69, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£172K01/240.26 mi44, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£151K09/230.26 mi7, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£325K08/230.26 mi57, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£295K07/230.28 miRosegarth, Rectory Road, Outwell, Wisbech, Norfolk PE14 8RD3
£240K12/200.28 mi46, Downham Road, Outwell, Wisbech, Norfolk PE14 8SE3
£240K11/220.3 mi49, Churchfield Road, Outwell, Wisbech, Norfolk PE14 8RL3
£205K11/230.3 mi43, Churchfield Road, Outwell, Wisbech, Norfolk PE14 8RL3
£315K04/210.33 mi134, Wisbech Road, Outwell, Wisbech, Norfolk PE14 8PF3
£255K02/230.34 mi30, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN3
£190K03/210.35 mi20, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN3
£236K01/210.38 mi4, Russell Drive, Outwell, Wisbech, Norfolk PE14 8RS3
£206.5K11/220.39 mi11, Bridle Close, Outwell, Wisbech, Norfolk PE14 8RT3
£188K05/210.48 miBraybrook, 19, Town Street, Upwell, Wisbech, Cambridgeshire PE14 9AF3
£380K03/230.52 miMaltravers, Low Side, Upwell, Wisbech, Norfolk PE14 9BB3
£270K05/210.56 miBirdbeck Cottage, Basin Road, Outwell, Wisbech, Norfolk PE14 8TQ3
£250K11/200.58 miPeppercorns, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL3
£234K07/230.61 mi103, Church Drove, Outwell, Wisbech, Norfolk PE14 8RP3
£355K05/240.61 mi97, Church Drove, Outwell, Wisbech, Norfolk PE14 8RP3
£160K12/200.61 mi85, The Russets, Upwell, Wisbech, Norfolk PE14 9AQ3
£212.5K02/230.61 mi85, The Russets, Upwell, Wisbech, Norfolk PE14 9AQ3
£175K12/230.62 mi28, The Russets, Upwell, Wisbech, Norfolk PE14 9AJ3
£250K12/210.66 miLincroft, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL3
£270K06/230.73 mi9, Lode Avenue, Upwell, Wisbech, Norfolk PE14 9BH3
£340K04/210.74 mi27, Town Street, Upwell, Wisbech, Norfolk PE14 9AD3
£327K01/210.88 mi121, Small Lode, Upwell, Wisbech, Norfolk PE14 9BL3
£170K11/230.95 mi90, Town Street, Upwell, Wisbech, Norfolk PE14 9DF3
£200K05/230.95 mi91, Town Street, Upwell, Wisbech, Norfolk PE14 9DF3

Local Rents

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

RentDateDistanceAddressBeds 
£85006/240.02 miWisbech Road, Outwell, WISBECH2
£75006/240.02 miWisbech Road, Outwell, Wisbech3
£89001/250.13 mi-3
£76503/230.13 mi-2
£82506/240.13 miChurch Terrace, Outwell, Wisbech2
£82506/240.13 miChurch Terrace, Outwell, WISBECH2
£1,05006/240.23 miOak Drive, Outwell, Wisbech3
£80006/240.31 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
£1,75002/240.81 mi-3
£75009/240.88 mi-2
£70005/241.21 mi-2
£70012/241.21 mi-2
£75006/241.34 miNew Bridge Road, Upwell, WISBECH1
£85006/241.36 miMolls Drove, Friday Bridge, WISBECH2
£1,00010/232.22 mi-3

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

4.49 miles away

Nearest school

0.20 miles away

Nearest train station

5.63 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £140,000

February 12, 2025

Listed for £155,000

December 5, 2024

Floor Plans

Description

  • No onward chain! +
  • Mid terraced house +
  • Courtyard garden + extra garden! +
  • Garage + off road parking +
  • 3 Bedrooms +
  • Flying Freehold +
  • Large lounge +
  • Modern shower room +
  • Electric heating +
  • Village location! +

Introducing this charming three-bedroom terraced house, situated in a Norfolk village, listed for sale with NO ONWARD CHAIN! This well-maintained property offers an abundance of appealing features that make it an attractive purchase for prospective homeowners.

This home has a good sized lounge, a kitchen & a modern shower room on the ground floor. Moving upstairs you will find the 3 bedrooms. The property has electric heating, double glazing & a cess pit.

One of the most captivating features of this property is the outdoor space. The house comes with two gardens; a quaint courtyard garden complete with a brick store, equipped with electricity, and an additional garden adjoining the garage and off-road parking area. This offers an abundance of space to enjoy the outdoors to potter about in!

Furthermore, the property comes with a garage and off-road parking, ensuring convenient parking solutions for residents.

The location is perfect for families, being close to a train station (Downham Market that has direct links to London & Cambridge), and within walking distance to a shop, church, and pub. Enrich your lifestyle with lovely walks in and around the village, immersing yourself in the peaceful surroundings.

*Please note that this property is flying freehold*

Contact us today to arrange a viewing!!

Agent Details

Aspire Homes, Wisbech

01945 664478

Next Steps?

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