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See how verdicts work3-bedroom flat · PE13 1HL
For saleReduced £5k (−6.3%) on 2 JulListed 738 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary an excellent opportunity for investors & owner-occupiers!
Ideally positioned in the heart of Wisbech within an electronic gated area, this very spacious purpose-built second-floor flat of only 2 flats, offers generous accommodation, modern improvements and outstanding lease length.
Description an excellent opportunity for investors and owner-occupiers alike.
Situated in Wisbech town centre, this well-presented flat occupies a second-floor position and provides bright, well-proportioned accommodation throughout.
The property comprises three bedrooms and an impressive 22-foot lounge, offering flexible living and dining space suitable for families, sharers or professional tenants.
For owner-occupiers, the flat benefits from a fully refurbished bathroom and a newly installed boiler ensuring modern comfort, reduced running costs and peace of mind.
The generous room sizes and central location make it an ideal long-term comfortable home.
For investors, this property presents an excellent opportunity to achieve a strong gross yield of approximately 9% per annum.
The recent upgrades significantly enhance rental appeal and minimise future expenditure, while the exceptional lease length of over 900 years remaining offers outstanding long-term security and value, making this an ideal addition to any property portfolio.
The flat represents an attractive investment opportunity, while also being perfectly suited to an owner-occupier.
Offered to the market with no onward chain, this property allows for a straightforward and hassle-free purchase.
Communal Entrance Lobby Entrance Hall Kitchen 7' 4" x 8' 3" ( 2.24m x 2.51m ) Utility Area 3' 1" x 7' 9" ( 0.94m x 2.36m ) Lounge/Dining Room 16' x 22' 8" maximum ( 4.88m x 6.91m maximum ) Bedroom One 12' 1" x 9' 6" ( 3.68m x 2.90m ) Bedroom Two 11' 10" excluding wardobes x 7' 11" ( 3.61m excluding wardobes x 2.41m ) Bedroom Three 8' 3" x 9' 8" ( 2.51m x 2.95m ) Bathroom 8' 6" x 8' 3" ( 2.59m x 2.51m ) directions From Wisbech Freedom Bridge roundabout take the A1101 signposted Downham Market and at the second set of traffic lights, turn right and then take the second right onto Church Terrace.
Take the next right into Little Church Street where the access to Church Mews is on the right hand side.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 advisers 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.
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FAQ
About 19, Church Mews, Wisbech
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