2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

Elm Road, Wisbech
£120,000

Price History

Initial price £150,000
23/03/24 £140,000
01/05/24 £110,000
06/06/24 £100,000
29/06/24 £130,000
29/11/24 £120,000
Price Change -20.00%

Description

This freehold property is a fantastic opportunity for investors, currently producing a gross yield of around 8% per annum. The property comprises of two large one-bedroom apartments, both with tenants in situ. The ground floor apartment benefits from having a yard area. The apartments feature a large bedroom, lounge, kitchen, and shower room. The property has an offer accepted subject to contract, but is still available to view. With a potential EPC rating of C, this investment has the potential to increase in value while providing a steady income stream.