Central three-bed flat — vacant, gas central heating, ideal low-cost purchase or BTL..
No upward chain; vacant on completion
A first-floor, three-bedroom flat in the heart of Wisbech town centre, offered vacant with no upward chain. The layout includes a spacious lounge, separate dining room (or third bedroom), fitted kitchen, and a three-piece bathroom; gas central heating and double glazing are already installed. At around 807 sq ft the accommodation is compact but practical for a first purchase or a buy-to-let conversion, and many local amenities and several good-rated schools are within walking distance.
This is a leasehold property with 87 years remaining and an annual service charge of £897.41; ground rent is minimal at £10. The building dates from the late 1960s/early 1970s and is a conventional post‑war brick construction, so buyers should expect straightforward maintenance rather than period restoration. Broadband speeds and mobile signal are strong, and there is no flood risk recorded.
Notable drawbacks are the short lease compared with new-build norms and the very high local crime level set within a very deprived area classification. These factors will affect mortgage availability and tenant demand; cash buyers or investors experienced in this type of neighbourhood will be best placed. The flat offers clear potential for modest cosmetic improvement to increase rental yield or resale value.
Overall this property suits a cost-conscious buyer seeking a central location and ready occupancy, or an investor looking for a low-entry-priced flat to refurbish and let to the local rental market. Be aware of lease length and local social indicators when assessing finance and long-term plans.
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