17 Albion Granary, Nene Quay, Wisbech, PE13 1HY
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17 Albion Granary, Nene Quay, Wisbech, PE13 1HY

By Shonki Brothers

£ 42,000

Reviews

2 out of 5 stars

Shonki Brothers says ..

*For Sale by Auction on 02/04/2025. Leasehold Investment. Two bedroom flat within a block having electric heating & double glazing Let on an Assured Shorthold Tenancy.

Property Oracle says ..

This property is a two-bedroom apartment located in Wisbech, Cambridgeshire. Based on the provided images, the property appears to be in reasonable condition, though some minor updates might enhance its appeal. The apartment is situated in a converted granary building in a central location, offering proximity to local amenities. However, the lack of information regarding the plot size and square footage makes it difficult to provide a comprehensive assessment of the land and overall value. The list price of £42,000 is significantly lower than the average house price in the area (£218,742), and the average price per square foot (£312). This suggests the price may reflect the smaller size of the property and/or its condition. Further information is needed to determine if this is a good value property. Considering the nearby comparable properties, the price appears to be in line with other smaller apartments in the area. More information on the property’s size and specifics would be needed to give a more accurate assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
170,500.00 £
Decreased by 21.99 %
from 218,575.00 £
Average area rental value
687.00 £/mo
Increased by 17.64 %
from 584.00 £/mo
Est rental Yield
4.84 %
Increased by 50.78 %
from 3.21 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Shonki Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
Cambian Wisbech SchoolOther Independent Special SchoolGood0.34 KM
Olive Ap Academy - Nene ValleyAcademy Alternative Provision ConverterGood0.52 KM
Wisbech Grammar SchoolOther Independent School0.78 KM
On Track Education CentreOther Independent Special SchoolGood0.81 KM
The Nene Infant & Nursery SchoolAcademy Sponsor LedRequires improvement0.82 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Old Bell Lane £ 000.00 KM
Ghost Passage £ 430,00000.00 KM
Hogherd's Lane £ 80,00000.00 KM
Blackfriars Court £ 000.00 KM
Charles Street £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nene Quay, Wisbech, Cambridgeshire, PE13 1HY £ 65,000BUY6 / 100.04 KM
Albion Granary, Wisbech £ 115,000BUY5 / 100.07 KM
Albion Granary, Nene Quay, Wisbech, Cambridgeshire, PE13 £ 59,000BUYUnknown0.07 KM
Albion Granary, Nene Quay, Wisbech £ 79,950BUY5 / 100.07 KM
Nene Quay, Wisbech £ 150,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
Tallow Court £ 86,5000.08 KM
2 Old Market £ 385,0000.08 KM
1 Old Market £ 75,0000.09 KM
9 Hill Street £ 128,8480.15 KM
2 Hill Street £ 45,0000.15 KM