Initial price	£300,000
15/02/25	£285,000
04/04/25	£250,000
Price Change	-16.67%

This 5-bedroom semi-detached property in Wisbech, Cambridgeshire, offers a unique investment opportunity. The property has been converted into 5 individual bedsits/studios, each with its own kitchenette and bathroom. While some of the studios have undergone refurbishment, the others are ready for renovation. The property generates a current rental income of £2,580 per month, resulting in a gross yield of 12.4%. With a service charge of £0 and ground rent of £0, the net return is £27,864 per year, equivalent to a net yield of 11.1%. The property is freehold, and a letting agency is currently in place. Additional features include off-road parking, a rear garden, and independently rated and registered flats with up-to-date building regulations.