Summary - 193 LYNN ROAD WISBECH PE13 3DY
2 bed 1 bath Flat
Turnkey rental opportunity near town with garden and garage.
Vacant ground-floor two-bedroom flat, immediate possession possible
Estimated rental income £650 pcm — quick letting potential
Large enclosed corner-plot garden, private outdoor space
Single garage and off-street parking included
999-year lease; option to purchase freehold separately
Exterior and garden require maintenance and cosmetic work
Medium flood risk in the area — insurance implications likely
Local area shows higher deprivation; consider long-term growth impact
A ground-floor two-bedroom flat on a corner plot just outside Wisbech town centre, offered with vacant possession and no onward chain. The property includes a large enclosed garden, a single garage and parking, and a 999-year lease with potential to purchase the freehold separately. Estimated rental income is £650 pcm, making this a straightforward investment opportunity with immediate letting potential.
Internally the flat offers a spacious lounge, kitchen and a practical wet room; the overall size is average and the layout is single-storey, suitable for tenants preferring ground-floor accommodation. The building dates from the late 1970s, has double glazing and gas central heating via boiler and radiators. Broadband speeds are fast and mobile signal is excellent — useful for tenants working from home.
Notable considerations include a medium flood risk and the local area’s higher deprivation level, which can affect long-term capital growth. The exterior and garden show signs of needing maintenance and the flat will suit buyers prepared to carry out minor works or cosmetic updates to maximise rental value. Council tax is very low, and crime levels are average for the area.
Overall this is a pragmatic buy for an investor seeking quick occupation and rental return, or a buyer who wants a ground-floor home with garden space and scope to add value via modest refurbishment. The vacant status and long lease minimise immediate transactional complexity.
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