Mikanda Close, Wisbech, Cambridgeshire, PE13 2TU
East of England
£150,000
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
646 sqftFeatures
- Garden
- Parking
Description
This two-bedroom terraced house is offered with no onward chain and has a practical layout arranged over two floors. The ground floor includes an entrance hall, a lounge with sliding doors to the rear garden, a modern kitchen and a separate WC. Upstairs are two bedrooms, including a main bedroom with a built-in wardrobe, and a family bathroom.
Outside, the property has a rear garden and two allocated parking spaces to the side. The listing states that it has gas central heating, double glazing, mains drainage and an EPC rating of C. It is on the outskirts of Wisbech, within reach of local amenities and schools. The home is vacant and offers scope for a buyer to make changes to suit their needs.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
43out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a clean, usable two-bedroom terrace with a good-sized enclosed garden, two allocated parking spaces and an intact-looking exterior. The project is light: dated carpets and plain finishes offer scope for a straightforward cosmetic refresh, while the kitchen and bathroom appear serviceable.
The price is the harder part of the equation. At £150,000, it is around 9.4% above the local average per square foot, and purchase plus works looks tight against local benchmarks. There is still a practical home to personalise here, but the numbers leave limited room for value creation.
Key opportunities
- Refresh the dated carpets and simple finishes in the lounge and bedrooms to give the home a more current feel.
- Make use of the enclosed rear lawn and garden access from the lounge, with scope for personal landscaping.
- Two allocated parking spaces, a serviceable kitchen and bathroom, and an intact-looking exterior provide a solid starting point.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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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