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Market Street, Wisbech, PE13 1EX - Image 1
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Market Street, Wisbech, PE13 1EX

East of England

£165,000
Listed on 09/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This property presents a unique investment opportunity as it combines both residential and commercial elements within a Grade II listed building located in the historic market town of Wisbech. Currently configured with a retail space on the ground floor, alongside a two-bedroom apartment above, this setup allows for multiple revenue streams. The apartment features a spacious kitchen/diner and living area, along with two bedrooms and a bathroom. Additionally, there exists potential to develop the lower ground floor/basement into another rental unit, subject to necessary planning permissions. With current tenants in place generating income, there is scope for increasing profitability through strategic renovations that could enhance both spaces.

Investment Analysis

(PE13 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE13)

Area prices are rising by +3.7% over the last 12 months
3 year growth: -5.4%
5 year growth: 9.6%
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

Market Street, Wisbech, PE13 1EX
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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
£604
Based on a loan of £123,750 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