2 Bed Bungalow, Single Let, Wisbech, PE14 7QD, £150,000

Hall Road, Walpole Highway, PE14 7QD - 1 views - 4 months ago

BTL
ROI: 5%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£106.7K - £275K
Sold Prices/m²£1.9K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£181,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£600 - £2,940

Rent Estimate

£849

Running Costs/mo

£659

Cashflow/mo

£190

Cashflow/yr

£2,285

ROI

5%

Gross Yield

7%

Local Sold Prices

33 sold prices from £106.7K to £275K, average is £167K. £1.9K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£166K10/230.94 mi5, West Drove South, Walpole Highway, Wisbech, Norfolk PE14 7RA2
£140K05/231.11 mi16, School Road, Terrington St John, Wisbech, Norfolk PE14 7SE2
£210K05/231.18 mi40, School Road, Terrington St John, Wisbech, Norfolk PE14 7SG2
£186K11/221.21 miPinders, Main Road, Terrington St John, Wisbech, Norfolk PE14 7RR2
£128K01/211.25 mi39, Old Church Road, Terrington St John, Wisbech, Norfolk PE14 7XA2
£168K05/211.25 mi12, Orchard Way, Terrington St John, Wisbech, Norfolk PE14 7TD2
£200K08/231.25 mi20, Orchard Way, Terrington St John, Wisbech, Norfolk PE14 7TD2
£245K03/241.51 mi3, Westfields Close, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QW2
£106.7K11/201.57 mi1, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ2
£167.5K04/231.6 mi4, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ2
£130K08/211.6 mi17, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ2
£175K06/241.62 mi10, Stallett Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4HT2
£136.5K06/211.63 mi9, Stallett Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4HT2
£200K08/221.63 mi7a, St Johns Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QJ2
£122K06/211.66 mi7, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ2
£167K04/231.66 mi26, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ2
£172K06/211.66 mi6, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ2
£217K09/231.75 mi71c, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ2
£150K09/211.75 mi67a, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ2
£150K05/211.75 mi67c, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ2
£155K07/211.75 mi69a, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ2
£230K03/241.76 mi237, Salts Road, Walton Highway, Wisbech, Norfolk PE14 7EB2
£127.5K01/221.79 mi5, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX2
£135K09/221.81 mi17, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX2
£140K01/211.81 mi11, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QX2
£175K10/201.84 mi14, West Drove North, Walpole St Peter, Wisbech, Norfolk PE14 7HU2
£250K01/231.88 mi35, Magdalen Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RF2
£155K10/231.88 mi61, Church Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QQ2
£184.5K11/211.9 mi1, Gambles Row, St Johns Fen End, Wisbech, Norfolk PE14 7SL2
£235K11/211.96 mi207, School Road, Walton Highway, Wisbech, Norfolk PE14 7DS2
£139K11/211.99 mi114a, Smeeth Road, St Johns Fen End, Wisbech, Norfolk PE14 8JF2
£139K11/211.99 mi114a, Smeeth Road, St Johns Fen End, Wisbech, Norfolk PE14 8JF2
£275K01/242 mi224, School Road, Walton Highway, Wisbech, Norfolk PE14 7DR2

Local Rents

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

RentDateDistanceAddressBeds 
£60006/240.3 mi-1
£2,94009/240.94 mi-5
£1,55012/240.94 mi-5
£1,55012/240.94 mi-5
£1,65006/240.94 miSundale, Walpole Highway, Wisbech, PE145
£1,65006/240.94 miWest Drove South, Walpole Highway, WISBECH5
£99506/241.8 miTilney St Lawrence, King's Lynn, PE342
£80006/241.81 miMagdalen Road, PE342
£1,00006/241.83 miOrchard Close, Tilney St. Lawrence, KING'S LYNN3
£1,55006/241.89 miTilney St Lawrence4
£1,25006/241.89 miTilney St Lawrence3
£1,80011/232.37 mi-4

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

3.69 miles away

Nearest school

0.20 miles away

Nearest train station

6.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £150,000

December 26, 2024

Sold for £30,000

1999

Floor Plans

Description

  • Semi detached bungalow +
  • Two double bedrooms +
  • Village location +
  • Walk to the bus stop +
  • Rear garden +
  • No onward chain +
  • Low maintenance rear garden +

Located in the sought after village of Walpole Highway, within walking distance of the village shop, bus stops and primary school, this bungalow is one you won't want to miss. The property consists of a lounge, kitchen, bathroom and two double bedrooms all with the benefit of having no onwards chain. To the side lays a gravelled garden with an oil tank for the central heating. To the front there is a gravelled garden with a path stretching to the front door.

The Village of Walpole Highway is located between Wisbech and Kings Lynn and offers excellent access to the A47, with village amenities such as the shop and primary school, this is a desirable place to live.

Agent Details

haart, Wisbech

01945 661637

Next Steps?

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