23 Wisbech Road

Pure Investor brings to the market this 5-bedroom semi-detached property in Wisbech, March, Cambridgeshire. The property consists of 5 individual bedsits/studios with each having its own facilities such as a kitchenette and bathroom. A number of the studios have undergone refurbishment to bring them up to a good modern standard. The pictures provided below show a recent refurbishment of an apartment and the other apartments are completed in a similar style and condition.

INVESTMENT INFORMATION
– Asking price: £250,000.00
– Current rental income: £2,580.00 (annual income £30,960.00)
– Gross yield: 12.4%
– Service charge: £0
– Ground rent: £0
– Letting agency fee: 10% – £258pcm (annual cost £3,096.00)
– Net return: £27,864.00
– Net yield: 11.1%
– Tenure: Freehold
– Current letting agent in place
– 1,754 sqft

ADDITIONAL INFORMATION
– All flats are independently rated and registered with Fenland District Council.
– All flats have their fuse box.
– All flats have their electrical certificate.
– All building regs followed and up to date.
– Parking off-road in front of Flat A and on the side street.
– Rear garden space.