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Fridaybridge Road, Elm, Wisbech

East of England

£650,000
Listed on 24/02/2024

Property Details

Bedrooms
4
Type
Detached

Description

This modern, detached residence offers ample space for family living and is set on a generous plot of 0.5 acres, complete with a workshop. It features four spacious double bedrooms, including a master with en-suite facilities, and three well-proportioned reception areas, providing flexibility for various family needs. A notable highlight is the expansive 30-foot games or garden room that could serve as an entertainment hub or creative workspace. The property also boasts a recently refitted downstairs shower room and family bathroom, adding to its appeal. The double garage presents additional potential for storage or conversion into further living space. Located in a village setting, this home benefits from easy access to local amenities while offering the tranquility of country living. Given its layout and substantial grounds, there are significant opportunities for renovation or modernization, making it an attractive investment for those looking to create their ideal family home.

Investment Analysis

(PE14 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PE14)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -2.5%
5 year growth: +13.5%
Investment Disclaimer: Analysis based on PE14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Fridaybridge Road, Elm, Wisbech
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

+18.2% since listed
£650,000+£175,000(+36.8%)
03/10/2024
Current price
£475,000£25,000(-5.0%)
18/04/2024
£500,000£50,000(-9.1%)
27/03/2024
£550,000Initial listing
24/02/2024

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