Summary - 191A LYNN ROAD WISBECH PE13 3DY
2 bed 1 bath Flat
Ready-made rental with long lease and garage.
Immediate income from tenant paying £650 pcm
A practical, income-producing two-bedroom first-floor flat in a central Wisbech location. The property is offered with a sitting tenant paying £650 pcm, providing immediate rental income and no onward chain. The 999-year lease and option to purchase the freehold are strong tenure positives for an investor.
Accommodation is sensibly laid out with a spacious lounge, kitchen, wet room and two bedrooms, plus a private enclosed garden and a single garage with parking — features that appeal to long-term tenants. Built in the late 1970s and double-glazed, the building has standard mains gas heating to radiators; council tax is very cheap which helps tenant affordability.
Buyers should note practical drawbacks: the local area is classified as deprived with average crime levels and a medium flood risk. The property appears average in condition externally (some neglected outdoor items visible) and may need minor maintenance or cosmetic updating. Because a tenant is in situ, internal access for viewings or refurbishment will be limited until vacant or agreed with the tenant.
Overall this is a straightforward rental purchase for an investor seeking immediate yield and long lease security, with upside from light refurbishment or by negotiating the freehold separately.
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