Summary - 3 PARK ROAD WISBECH PE13 2DT
2 bed 1 bath Terraced
**Standout Features:**
- Established mid-terraced house with a Victorian design
- Two spacious double bedrooms
- Currently rented with a reliable long-term tenant
- Attractive gross yield of approximately 7.5%
- No onward chain for a quick and straightforward purchase
- Convenient location near town center and park
**Notable Concerns:**
- High local crime rate
- Property is in a very deprived area
- Specialist treatment required for invasive plant species, with ongoing management needed
This inviting mid-terrace house on Park Road in Wisbech represents a fantastic opportunity for investors or first-time buyers looking to enter the property market. The home boasts two double bedrooms and a functional layout that includes a cozy living room and a contemporary galley kitchen, all while overlooking the greenery of the adjacent town park. Currently housing a dependable long-term tenant, this property offers immediate rental income, making it an ideal addition to any buy-to-let portfolio.
While the area presents challenges, including a high crime rate and a classification of elevated socio-economic deprivation, the low council tax and proximity to local amenities can enhance daily living. Notably, the property is chain-free, allowing for a smoother transition. Despite requiring ongoing management to address invasive plants, the promise of a solid rental yield combined with potential for future renovations positions this home as a compelling choice. Don't miss the chance to invest in this centrally located terrace; seize this opportunity today!
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