Old Market, Wisbech
WI

Old Market, Wisbech

By William H. Brown

£ 300,000

Reviews

3 out of 5 stars

William H. Brown says ..

FOR SALE BY AUCTION - COMMERCIAL AND RESIDENTIAL PREMISES - An opportunity to purchase a commercial and residential premises situated in the town centre of Wisbech. The commercial element consists of a ground floor office. The residential accommodation is arranged over 4 levels.

Property Oracle says ..

This property, located in Old Market, Wisbech, Cambridgeshire, is a five-bedroom, one-bathroom house with a listed price of £300,000. The property is described as having both commercial and residential components with the residential accommodation arranged over four levels. From the images provided, it’s clear the property combines period features such as exposed beams and fireplaces with some more modern updates, namely the kitchen and bathroom areas. The property has been updated in parts, but some areas appear to require modernisation or renovation. The interior showcases a variety of styles and furnishings, some may consider this eclectic, while others may prefer a more uniform aesthetic. The property benefits from a small, manageable garden. Its central location in Wisbech means it is within reasonable proximity to schools (several good-rated schools listed nearby), suggesting family suitability. The lack of detailed information on nearby transportation options is noteworthy. The overall price, given the size and location, seems competitive with other properties in the area, however, confirmation of average prices per square foot would assist a full evaluation. The property has a substantial amount of space and could be suitable for a large family, students, or as an investment property. The condition is a mixed bag; it clearly needs more work, but it seems structurally sound and livable, therefore suggesting its value for the price. The property would benefit from improvements, but overall it offers good value considering location and size. The lack of detailed information about the plot size is also worth considering. A potential buyer should be prepared for some renovation and updating work.

Therefore, we give this property 6 / 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
4
Bedrooms
5
Bathrooms
1
Sqft (est)
1,300.00

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
257,476.00 £
Increased by 20.60 %
from 213,489.00 £
Est sale value
638,300.00 £
Increased by 49.24 %
from 427,700.00 £
Average area rental value
1,276.00 £/mo
Increased by 2.82 %
from 1,241.00 £/mo
Est letting value
2,600.00 £/mo
Increased by 100.00 %
from 1,300.00 £/mo
Est rental Yield
5.95 %
Decreased by 14.76 %
from 6.98 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Cambian Wisbech SchoolOther Independent Special SchoolGood0.33 KM
Olive Ap Academy - Nene ValleyAcademy Alternative Provision ConverterGood0.52 KM
Wisbech Grammar SchoolOther Independent School0.75 KM
On Track Education CentreOther Independent Special SchoolGood0.84 KM
Peckover Primary SchoolAcademy ConverterGood0.85 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
Lewellyn Terrace £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Market, Wisbech £ 300,000BUY6 / 100.00 KM
Old Market, Wisbech £ 60,000BUY5 / 100.00 KM
Schooner Wharf, Old Market, Wisbech £ 90,000BUY6 / 100.02 KM
Old Market, Wisbech £ 130,000BUY5 / 100.07 KM
Old Market, Wisbech £ 180,000BUY4 / 100.07 KM

Nearby Properties

AddressPriceDistance
2 Old Market £ 385,0000.00 KM
1 Old Market £ 75,0000.02 KM
13 North Street £ 68,5000.08 KM
12 North Street £ 355,0000.08 KM
11 North Street £ 107,0000.08 KM