Summary - Leverington Road, Wisbech PE13 1RT
1 bed 1 bath Land
Outline consent and rental income make this plot ideal for small-scale developers..
Outline planning for up to six dwellings (F/YR23/0976/O).|Plot approaching 0.5 acres (subject to survey).|Existing two 3-bed flats producing ~£27,000pa income.|Demolition of two dwellings and outbuildings required.|Medium flood risk; may affect insurance and financing.|High local crime rate; consider marketability implications.|Services untested; full surveys and utilities checks advised.|Close to town centre, schools and road links.
This approaching 0.5-acre freehold site on Leverington Road offers a rare small-scale development opportunity with outline planning for up to six dwellings (Fenland District Council ref: F/YR23/0976/O). The consent envisages four two-storey homes and two single-storey dwellings, plus a new access. The existing property contains two three-bedroom flats that are currently tenanted and produce an estimated combined income of around £27,000 per year, providing short-term cashflow while longer-term plans are progressed.
The plot’s size and location—close to Wisbech town centre, schools and road links—make it well suited to a developer or builder targeting family homes or mixed single-storey units. The site plan and elevations indicate straightforward layout potential, and on-site parking/garage provision and garden areas will appeal to buyers of the completed homes.
There are several practical matters to note. The development proposals are subject to demolition of the two existing dwellings and outbuildings; purchasers should allow for demolition costs, tenant relocation or compensation, and any abnormal site works. Services on site have not been tested and measurements are for guidance only. A professional site survey, utilities check and full technical investigations are strongly recommended before exchange.
Material risks are recorded: the site has a medium flood risk and sits in an area flagged as deprived with above-average crime levels. These factors may affect financing, insurance and marketability and should be considered in scheme viability work. Taken together, the planning consent, existing income stream and convenient location create a clear opportunity for a purchaser prepared to manage demolition, carry out necessary surveys and mitigate site-specific risks.
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