2-bedroom house · PE13 1EX
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Intro Calling all investors ***two bedroom apartment and A shop*** This is an ideal opportunity to buy a residential and commercial property combined.
This grade 2 Listed property is arranged over three floors and situated in the central location historic market town of Wisbech.
The property is currently arranged as a ground floor shop currently trading, plus a two story two bedroom apartment above. Made up of a generous Lounge, Kitchen/Diner, Two Bedrooms and Bathroom.
There is also a lower ground floor/basement offering the possibility of creating a one bedroom flat/bed sit subject to investigation and planning permission.
The current owners states that this building generates the generous yield which could be improved upon in today’s market. For more information and the book of viewing, please call the branch.
Ground Floor Front door into the ground floor Shop Area. Shop Area - 5.18m x 4.88m (17'0" x 16'0") Window to front. Door to rear Lobby.
Cloakroom/Storage Area - 3.35m x 1.02m (11'0" x 3'4") Cloakroom/storage area. Rear Lobby - 5.18m x 0.91m (17'0" x 3'0") Stairs up to first floor. Back door to rear Courtyard Area.
First Floor Apartment Landing Area Doors to first floor rooms. Stairs leading up to top floor. Reception Room - 4.78m x 3.35m (15'8" x 11'0") Window to front, radiator, fireplace.
Kitchen/Diner - 3.35m x 3.23m (11'0" x 10'7") Window to rear, wall base cupboards, stainless sink, plumbing for wash machine, space for cooker, two built-in store cupboards.
Bathroom - 1.98m x 1.68m (6'6" x 5'6") Window to rear, low level WC, hand wash basin, fitted bath with electric shower over, extractor fan.
Top Floor Bedroom One - 2.74m x 2.57m (9'0" x 8'5") Window to front, two built-in wardrobes plus built-in dressing table. Top Floor Bedroom Two - 2.24m x 1.83m (7'4" x 6'0") Window to front.
Property Note The current owner states that both the commercial and residential parts of the building are currently rented out.
As previously stated both areas generate a good income that could be improved upon, making this an ideal investment for someone looking for for financial return.
Services Water, Electricity and Drainage. Viewings Please contact us to arrange a viewing. The Health and Safety of those viewing is the responsibility of the individual undertaking the viewing.
Neither the Seller nor the Agent accept any responsibility for damage or injury to persons or property as a result of viewing and parties do so entirely at their own risk.
Directions From our Wisbech office proceed east along Bridge Street. Turn left onto the High Street and then continue towards town into Market Place. Turn right down Market Street.
The property is on the left hand side at the end of the street.
Agents' Note This Brochure and its contents / these details are a general outline for guidance only and, whilst prepared in good faith, do not constitute an offer or contract.
Maxey Grounds & Co llp, their Client(s) and any Joint Agent(s) accept no responsibility for any statement that may be made, and any statement should not be relied upon as a statement or representation of fact.
Neither they, nor anyone employed by them, are authorised to make or give any representations or warranties in relation to the property, either on their own behalf or on behalf of their Client(s) or otherwise.
All areas, measurements or distances are approximate. Floor plans and other plans are provided for illustrative purposes only and are not necessarily to scale.
All text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and no guarantee is given or implied for any apparatus, equipment, facilities or services being connected or in working order.
Interested parties should satisfy themselves on all matters prior to buying or leasing the property either by inspection or otherwise.
We would suggest you contact the office before travelling any distance to ensure the property is still available and that your impression of the property is as we intended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About 7 - 7A, Market Street, Wisbech
Explore nearby