Turnkey rental with garage and private garden close to town amenities.
Sitting tenant in place paying £650pcm (income from day one)
A ready-made rental with income from day one, this ground-floor two-bedroom flat is offered with a sitting tenant paying £650pcm. The long 999-year lease removes common lease-length concerns, and sale comes with a single garage and private enclosed garden — useful extras for tenants and a clear rental attractor.
Internally the layout is practical: a generous living/dining area, two bedrooms, kitchen and a wet room. Constructed in the late 1970s/early 1980s, the building has double glazing and gas central heating to radiators. There is potential to improve capital value through selective refurbishment; the exterior shows signs of wear and the garden is modest but private.
Location is close to Wisbech town centre amenities and public transport, with several primary and secondary schools nearby. Note practical risks: the site is in a medium flood-risk zone and the area scores as deprived, which can affect long-term capital growth. The property is sold with no onward chain and the freehold may be available to purchase separately.
Suitable for investors seeking a low-management entry with immediate rental return, and for buyers prepared to carry out cosmetic or exterior maintenance to increase rent or revalue the flat. Important factual points: tenant in situ, medium flood risk, some external maintenance likely required, and council tax is very low.
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