2 Bed Semi-Detached House, Single Let, Wisbech, PE14 9QD, £130,000

1 Lake Avenue, Welney, Wisbech, PE14 9QD - 3 views - a month ago

Sold STC
BTL
ROI: 6%
98 m²
+12 photos

ValuationUndervalued

Sold Prices£100K - £340K
Sold Prices/m²£1.1K/m² - £3K/m²

 

 

Square Metres

98 m²
Price/m²£1.3K/m²

Value Estimate

£159,900
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£800 - £950

Rent Estimate

£800

Running Costs/mo

£586

Cashflow/mo

£214

Cashflow/yr

£2,565

ROI

6%

Gross Yield

7%

Local Sold Prices

6 sold prices from £100K to £340K, average is £156.3K. £1.1K/m² to £3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£131K07/220.26 mi3, Hurst Crescent, Lakesend, Wisbech, Norfolk PE14 9QJ2
£150K06/211.3 mi18, Chestnut Avenue, Welney, Wisbech, Norfolk PE14 9RG2
£340K12/231.68 miEvergreen Cottage, Bedford Bank, Welney, Wisbech, Norfolk PE14 9RJ2
£162.5K04/211.69 miBay Tree Cottage, Crown Road, Christchurch, Wisbech, Cambridgeshire PE14 9NF2
£100K11/212.54 miThe Bungalow, Squires Drove, Three Holes, Wisbech, Norfolk PE14 9JY2
£235K08/212.63 miField View, Bells Drove, Welney, Wisbech, Cambridgeshire PE14 9TG2

Local Rents

3 rents from £800/mo to £950/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£87506/241.45 miMain Street, Welney2
£95006/241.7 miThe Croft, Christchurch, Wisbech3
£80001/241.7 mi-2

Local Area Statistics

Population in PE14

20,844

Population in Wisbech

56,030

Town centre distance

9.04 miles away

Nearest school

1.70 miles away

Nearest train station

3.94 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £130,000

March 17, 2025

Floor Plans

Description

  • Two bedroom semi-detached house +
  • Lounge, dining room + conservatory +
  • Large rear garden +
  • Field views +
  • Off-road parking +
  • Garage +

SUMMARY
A charming 2-bed semi-detached home in the rural village of Welney, boasting a large garden & extensive countryside views. Inside, the property offers a modern kitchen, three reception rooms & two utility areas, as well as off-road parking & garage.

DESCRIPTION
Nestled in the heart of Welney’s picturesque countryside, this charming two-bedroom semi-detached home offers a tranquil retreat with stunning rural views. Set on a generous plot, the property boasts a sizable rear garden that seamlessly merges with open fields, creating an idyllic backdrop for those who love nature and outdoor living.

Inside, the home is thoughtfully designed with a bright & airy lounge and a separate dining room, both featuring built-in storage for added convenience. The modern kitchen is well-equipped, complemented by a dedicated utility room and additional utility space. A conservatory offers further living space, providing the perfect spot to relax and soak in the panoramic countryside views.
The two generous double bedrooms are found on the first floor & are complemented by the well-appointed ground floor bathroom.

Outside, the large driveway accommodates up to three vehicles and leads to a detached garage. The property's frontage is low-maintenance & mainly laid to gravel, whilst the sizable rear garden is laid to lawn, alongside a patio area and various plants, shrubs & hedges.

Accommodation: 
Double-glazed entrance door to:

Entrance Hall 
Door to the front. Radiator. Storage cupboard. Stairs leading to the first floor landing.

Dining Room 10' 5" x 10' 8" ( 3.17m x 3.25m )
Double-glazed window to the front. Radiator.

Lounge 13' 9" x 11' plus recess ( 4.19m x 3.35m plus recess )
Double-glazed window to the rear. Feature fireplace. Built-in storage cupboard. Radiator.

Kitchen 10' 9" x 7' 5" ( 3.28m x 2.26m )
This fitted kitchen includes both wall & base units with work surfaces over, a stainless steel sink & drainer unit, a built-in electric oven & an electric hob. There is also a walk-in pantry cupboard. Radiator. Double-glazed window to the front.

Utility Room 5' x 12' 5" ( 1.52m x 3.78m )
Double-glazed window to the front. Fitted with wall units. Space for a fridge/freezer. Space & plumbing for a washing machine & tumble dryer.

Utility Area 4' x 8' ( 1.22m x 2.44m )
Double-glazed window to the rear. Fitted with shelving.

Conservatory 13' 9" x 5' 2" ( 4.19m x 1.57m )
Of brick & uPVC construction. Double-glazed windows to the side & rear.

Bathroom 
Fitted with WC, wash hand basin & bath with shower over. Radiator. Double-glazed window to the side.

First Floor Landing 
Stairs from the entrance hall. Loft access. Airing cupboard.

Bedroom One 9' 6" x 12' 3" plus recess ( 2.90m x 3.73m plus recess )
Double-glazed window to the rear offering field views. Radiator. Built-in cupboard.

Bedroom Two 9' 5" x 12' 3" ( 2.87m x 3.73m )
Double-glazed window to the rear offering field views. Radiator. Built-in cupboard.

Outside 
A hardstanding driveway to the side of the property provides off-road parking for 3 cars & leads to the single garage. The property's frontage is low-maintenance & mainly laid to gravel, whilst the sizable rear garden is laid to lawn, alongside a patio area and various plants, shrubs & hedges. The garden retreats onto extensive fields behind, and offers delightful countryside views.

Agent's Note 
Please note that this property is of non-standard construction, please speak with your conveyancer for further details if required.

Waste from the property is served by a septic tank of private supply & heating to the property is served by oil central heating. Please contact the branch for further information if needed.

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 SEQUENCE (UK) LIMITED 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

William H. Brown, Downham Market

01366 312332

Next Steps?

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