yieldit is pleased to present an exciting investment opportunity in the attractive market town of Wisbech. Located within the Fenland district of Cambridgeshire, Wisbech is renowned for its stunning Georgian architecture and tranquil gardens, extending over 12 acres and offering facilities including tennis courts, a bowls green, children’s play areas, and a multi-use games area.

The property is income-producing from day one, being sold with tenants in situ. The current rental income represents a 7.88% net return at the asking price, making this a compelling investment opportunity. Milner Road briefly comprises a living/dining area, fully fitted kitchen, lobby/utility area, shower room, three double bedrooms, and a family bathroom. Externally, the property benefits from an enclosed rear yard.

Ideally positioned within walking distance of Wisbech town centre, the property enjoys easy access to a wide range of amenities including a theatre, swimming pool, library, reputable schools, and the Horsefair Shopping Centre. The local bus station provides convenient connections to neighbouring towns such as King’s Lynn, Norwich, and Peterborough, all of which offer mainline rail services for excellent onward connectivity.

Wisbech is also set to benefit from £20 million of government funding over the next ten years, further enhancing the town’s long-term investment appeal. There has rarely been a better time to consider investing in this location.

Enquire today to find out more about this opportunity. Please note that the figures quoted are based on the property being self-managed.

This property may fall within a selective licensing area, and additional charges may apply.

Financial Breakdown

Gross Rent: £19,640.00
Net income: £15,000.00
Gross yield: 11.22%
Net yield: 8.57%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07949