Old Market, Wisbech
WI

Old Market, Wisbech

By William H. Brown

£ 60,000

Reviews

2 out of 5 stars

William H. Brown says ..

FANTASTIC INVESTMENT OPPORTUNITY! This impressive apartment is located in a converted granary and boasts lovely features including exposed brick walls & beamed ceilings.

Property Oracle says ..

This one-bedroom, one-bathroom apartment is situated in a converted granary in Wisbech, Cambridgeshire. The property boasts exposed brick walls and beamed ceilings, adding character. The images reveal a functional, if somewhat dated, interior. The kitchen and bathroom could benefit from some modernisation. The apartment offers approximately 600 square feet of living space, suitable for a single person or a couple. The location in Wisbech provides proximity to schools with good Ofsted ratings, making it a potentially attractive option for families or investors looking at the rental market. The lack of private outdoor space is a significant drawback, but communal grounds are present. The absence of information concerning parking is also a negative point. The provided list price seems relatively reasonable when placed in the context of comparable properties, especially for investors who may be looking to update and then flip or rent this property. However, potential buyers should budget for some improvements and modernisations.

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
1
Bedrooms
1
Bathrooms
1
Sqft (est)
600.00

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
294,600.00 £
Increased by 49.24 %
from 197,400.00 £
Average area rental value
1,276.00 £/mo
Increased by 2.82 %
from 1,241.00 £/mo
Est letting value
1,200.00 £/mo
Increased by 100.00 %
from 600.00 £/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
12 North Street £ 355,0000.08 KM
11 North Street £ 107,0000.08 KM
13 North Street £ 68,5000.08 KM