3 Bed Terraced House, Single Let, Wisbech, PE14 8PF, £150,000

Wisbech Road, Outwell, Norfolk, PE14 8PF - 3 months ago

BTL
ROI: 2%
~93 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£181,500
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

£625 - £1,750

Rent Estimate

£713

Running Costs/mo

£631

Cashflow/mo

£82

Cashflow/yr

£980

ROI

2%

Gross Yield

6%

Local Sold Prices

31 sold prices from £143K to £380K, average is £235K. £1.2K/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£150K07/210.05 mi1 Canal Villas, Isle Road, Outwell, Wisbech, Norfolk PE14 8TD3
£143K01/230.05 miThe Cottage, Isle Road, Outwell, Wisbech, Norfolk PE14 8TD3
£235K10/230.17 mi26, Wisbech Road, Outwell, Wisbech, Norfolk PE14 8PA3
£315K04/210.18 mi134, Wisbech Road, Outwell, Wisbech, Norfolk PE14 8PF3
£215K01/230.25 mi26, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB3
£227.5K07/210.26 mi40, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB3
£300K05/230.37 mi8, Well Creek Road, Outwell, Wisbech, Norfolk PE14 8SD3
£240K12/200.4 mi46, Downham Road, Outwell, Wisbech, Norfolk PE14 8SE3
£295K07/230.4 miRosegarth, Rectory Road, Outwell, Wisbech, Norfolk PE14 8RD3
£190K08/230.41 mi69, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£172K01/240.41 mi44, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£151K09/230.41 mi7, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£325K08/230.41 mi57, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH3
£270K05/210.42 miBirdbeck Cottage, Basin Road, Outwell, Wisbech, Norfolk PE14 8TQ3
£255K02/230.44 mi30, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN3
£240K11/220.45 mi49, Churchfield Road, Outwell, Wisbech, Norfolk PE14 8RL3
£205K11/230.45 mi43, Churchfield Road, Outwell, Wisbech, Norfolk PE14 8RL3
£190K03/210.45 mi20, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN3
£206.5K11/220.49 mi11, Bridle Close, Outwell, Wisbech, Norfolk PE14 8RT3
£236K01/210.5 mi4, Russell Drive, Outwell, Wisbech, Norfolk PE14 8RS3
£250K11/200.56 miPeppercorns, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL3
£188K05/210.59 miBraybrook, 19, Town Street, Upwell, Wisbech, Cambridgeshire PE14 9AF3
£250K12/210.61 miLincroft, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL3
£380K03/230.63 miMaltravers, Low Side, Upwell, Wisbech, Norfolk PE14 9BB3
£175K12/230.69 mi28, The Russets, Upwell, Wisbech, Norfolk PE14 9AJ3
£160K12/200.7 mi85, The Russets, Upwell, Wisbech, Norfolk PE14 9AQ3
£212.5K02/230.7 mi85, The Russets, Upwell, Wisbech, Norfolk PE14 9AQ3
£234K07/230.75 mi103, Church Drove, Outwell, Wisbech, Norfolk PE14 8RP3
£355K05/240.75 mi97, Church Drove, Outwell, Wisbech, Norfolk PE14 8RP3
£340K04/210.84 mi27, Town Street, Upwell, Wisbech, Norfolk PE14 9AD3
£270K06/230.87 mi9, Lode Avenue, Upwell, Wisbech, Norfolk PE14 9BH3

Local Rents

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

RentDateDistanceAddressBeds 
£1,05006/240.08 miOak Drive, Outwell, Wisbech3
£85006/240.17 miWisbech Road, Outwell, WISBECH2
£75006/240.17 miWisbech Road, Outwell, Wisbech3
£80006/240.17 mi6 St Andrews Close, Outwell, Wisbech2
£89001/250.27 mi-3
£76503/230.27 mi-2
£82506/240.28 miChurch Terrace, Outwell, Wisbech2
£82506/240.28 miChurch Terrace, Outwell, WISBECH2
£95008/230.48 mi-3
£70004/250.52 mi-2
£62507/240.52 mi-1
£1,30003/230.61 mi-4
£1,00006/230.61 mi-4
£1,75002/240.67 mi-3
£75009/241.03 mi-2
£85006/241.32 miMolls Drove, Friday Bridge, WISBECH2
£70005/241.35 mi-2
£70012/241.35 mi-2
£75006/241.43 miNew Bridge Road, Upwell, WISBECH1
£1,00010/232.08 mi-3

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

4.36 miles away

Nearest school

0.40 miles away

Nearest train station

5.68 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

January 15, 2025

Floor Plans

Description

  • NO UPWARD CHAIN! +
  • 3 Bedrooms +
  • Terraced House +
  • Parking +
  • Solar Panels +
  • Generous Lounge/Diner +
  • Bathroom + Shower Room +
  • Great First Time Buy Or Buy To Let +
  • Superb Village Location +
  • DON'T MISS OUT-CALL NOW TO VIEW! +

Introducing this superb 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/diner with open fire, a large kitchen & a modern bathroom on the ground floor. Moving upstairs you will find the 3 bedrooms and a shower room. The property has electric heating, double glazing & mains drainage.

One of the most captivating features of this property is the outdoor space. The house comes with an enclosed rear garden with patio area and shed. Through the rear gate is a gravelled parking area for 2 cars.

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.

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 💪