2 Bed Terraced House, Single Let, Wisbech, PE14 8RD, £120,000

8A RECTORY ROAD, WISBECH, PE14 8RD - 1 views - 2 months ago

Sold STC
BTL
ROI: 6%
69 m²
+4 photos

ValuationUndervalued

Sold Prices£100K - £280K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

69 m²
Price/m²£1.7K/m²

Value Estimate

£150,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£625 - £1,750

Rent Estimate

£713

Running Costs/mo

£538

Cashflow/mo

£175

Cashflow/yr

£2,105

ROI

6%

Gross Yield

7%

Local Sold Prices

21 sold prices from £100K to £280K, average is £167K. £1.3K/m² to £4.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£102.5K11/210.05 mi1, Lowside, Outwell, Wisbech, Norfolk PE14 8RE2
£100K09/230.05 miPrimrose Cottage, Lowside, Outwell, Wisbech, Norfolk PE14 8RE2
£260K12/220.14 mi8, Whetstone Way, Outwell, Wisbech, Norfolk PE14 8RN2
£180K10/230.17 mi65, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB2
£177.5K07/230.17 mi57, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB2
£179K01/230.17 mi75, Isle Bridge Road, Outwell, Wisbech, Norfolk PE14 8RB2
£195K11/230.19 mi31, Church Drove, Outwell, Wisbech, Norfolk PE14 8RH2
£212.5K07/240.19 mi5, Bridle Close, Outwell, Wisbech, Norfolk PE14 8RT2
£167K12/230.28 mi19, Well Creek Road, Outwell, Wisbech, Norfolk PE14 8SD2
£145K07/240.44 mi72, The Russets, Upwell, Wisbech, Norfolk PE14 9AJ2
£150K05/220.44 mi102, The Russets, Upwell, Wisbech, Norfolk PE14 9AJ2
£175K02/210.57 mi20, Beaupre Avenue, Outwell, Wisbech, Norfolk PE14 8PB2
£155K04/210.57 mi23, Beaupre Avenue, Outwell, Wisbech, Norfolk PE14 8PB2
£240K03/240.65 miMon Abri, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL2
£280K06/230.65 miWinterbrook, The Cottons, Outwell, Wisbech, Norfolk PE14 8TL2
£155K11/200.7 mi33, Listers Road, Upwell, Wisbech, Norfolk PE14 9BW2
£140K12/200.71 mi4, New Road, Upwell, Wisbech, Norfolk PE14 9AB2
£145K03/220.72 mi120, Small Lode, Upwell, Wisbech, Norfolk PE14 9BL2
£135K04/240.72 mi136, Small Lode, Upwell, Wisbech, Norfolk PE14 9BL2
£151K11/220.75 miBella Donna Cottage, 79, Town Street, Upwell, Wisbech, Norfolk PE14 9DF2
£210K02/210.93 miMill House, The Common, Upwell, Wisbech, Norfolk PE14 9AW2

Local Rents

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

RentDateDistanceAddressBeds 
£89001/250.1 mi-3
£82506/240.1 miChurch Terrace, Outwell, Wisbech2
£82506/240.1 miChurch Terrace, Outwell, WISBECH2
£76503/230.11 mi-2
£95008/230.17 mi-3
£85006/240.21 miWisbech Road, Outwell, WISBECH2
£75006/240.21 miWisbech Road, Outwell, Wisbech3
£70004/250.21 mi-2
£62507/240.21 mi-1
£1,30003/230.39 mi-4
£1,00006/230.39 mi-4
£1,05006/240.43 miOak Drive, Outwell, Wisbech3
£80006/240.49 mi6 St Andrews Close, Outwell, Wisbech2
£75009/240.71 mi-2
£1,75002/240.94 mi-3
£70005/241.09 mi-2
£70012/241.09 mi-2
£75006/241.13 miNew Bridge Road, Upwell, WISBECH1
£85006/241.3 miMolls Drove, Friday Bridge, WISBECH2
£1,00010/232.35 mi-3

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

4.62 miles away

Nearest school

0.20 miles away

Nearest train station

5.72 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £120,000

February 26, 2025

Description

  • Two Bedroom End Terrace House +
  • Off Road Parking for One Car +
  • Downstairs WC +
  • Two Spacious Bedrooms +
  • Enclosed Garden to Rear +
  • EPC 'D' Rating with Scope to Improve to 'C' Rating +

TWO BEDROOM END TERRACED HOME IN OUTWELL! Beebys Properties are pleased to offer FOR SALE this property which offers lounge, large modern fitted kitchen leading to enclosed rear garden and downstairs WC. Upstairs offers two double bedrooms and modern bathroom with shower over bath. LPG Heating. EPC 'D'. Council Tax Band 'B'.

Full Description - TWO BEDROOM END TERRACED HOME IN OUTWELL! Beebys Properties are pleased to offer FOR SALE this property which offers lounge, large modern fitted kitchen leading to enclosed rear garden and downstairs WC. Upstairs offers two double bedrooms and modern bathroom with shower over bath. LPG Heating. EPC 'D'. Council Tax Band 'B'.

Living Room - Good sized living room with access to kitchen. Single panel radiator and single light pendant. Window to front elevation with views of the river. Stairs leading to the first floor accommodation.

Kitchen/Diner - Door from kitchen leading to enclosed rear garden. Range of base and wall mounted units, built-in oven and hob with extractor over. Space for appliances. Space for kitchen table and chairs.

Cloakroom - Two piece suite consisting of low level WC and wash hand basin.

Bedroom One - Double bedroom with neutral décor.

Bedroom Two - Double bedroom with neutral décor.

Bathroom - Comprising three piece suite: bath with shower over, low level WC and wash hand basin.

Enclosed Rear Garden - Mostly laid to lawn with wooden fencing surround and gate access to the rear car parking space.

Parking - There is parking to the rear of this property for one vehicle. (8A)

Agent Details

Beebys Properties Ltd, Market Deeping

01778 369369

Next Steps?

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