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Wisbech Road, March, Cambridgeshire, PE15

PROPERTY TYPE

Block of Apartments

BEDROOMS

5

BATHROOMS

5

SIZE

1,754 sq ft

163 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • Ideal Investment Opportunity Generating Strong Rental Returns
  • Gross Yield Of 10.8% & Net Yield Of 9.8%
  • Letting Agent In Place Who Can Continue Management
  • Studios Finished To a Good Standard Throughout
  • Annual Income Just Short Of £31,000.00
  • Freehold Property

Description

Pure Investor brings to the market this 5-bedroom semi-detached property in Wisbech, March, Cambridgeshire. The property consists of 5 individual bedsits/studios with each having its own facilities such as a kitchenette and bathroom. A number of the studios have undergone refurbishment to bring them up to a good modern standard. The pictures provided below show a recent refurbishment of an apartment and the other apartments are completed in a similar style and condition.

INVESTMENT INFORMATION
- Asking price: £285,000.00
- Current rental income: £2,580.00 (annual income £30,960.00)
- Gross yield: 10.8%
- Service charge: £0
- Ground rent: £0
- Letting agency fee: 10% - £258pcm (annual cost £3,096.00)
- Net return: £27,864.00
- Net yield: 9.8%
- Tenure: Freehold
- Current letting agent in place
- 1,754 sqft

ADDITIONAL INFORMATION
- All flats are independently rated and registered with Fenland District Council.
- All flats have their fuse box.
- All flats have their electrical certificate.
- All building regs followed and up to date.
- Parking off-road in front of Flat A and on the side street.
- Rear garden space.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Wisbech Road, March, Cambridgeshire, PE15

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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,392
We think you can borrow up to
Add your household income above
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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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Disclaimer - Property reference 23-Wisbech-Road-March-PE15. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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