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Mill Close, Wisbech

East of England

£130,000
Listed on 02/08/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

Nestled in a peaceful cul-de-sac, this modern two-bedroom mid-terraced home presents a compelling opportunity for those looking to invest or make their mark in a thriving community. With no onward chain, the property offers an easy transition for first-time buyers and investors alike. The interior is characterized by a spacious 13' lounge that invites both relaxation and social gatherings, while the kitchen provides a functional space that holds potential for updates and personal touches. On the upper level, you will find two well-proportioned bedrooms accompanied by a bathroom, creating a comfortable living environment with ample opportunities for modernization. Practical features such as gas radiator central heating and PVCu double glazing ensure comfort throughout the seasons. Additionally, allocated parking is a notable advantage in this locale, enhancing convenience for residents. Outside, the manageable garden area offers an opportunity for landscaping or simply enjoying some outdoor time. The quiet cul-de-sac location adds to the appeal, providing tranquility while remaining conveniently close to local shops, schools, and transport links. This property not only serves as a welcoming home but also stands out as an investment with significant potential for value enhancement. Whether you are entering the property market or seeking an attractive buy-to-let option, this residence promises rewarding possibilities in a desirable setting.

Investment Analysis

(PE13 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE13)

Area prices are rising by +5.4% over the last 12 months
3 year growth: -4.5%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on PE13 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

Mill Close, Wisbech
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE