Initial price	£300,000
15/02/25	£285,000
Price Change	-5.00%

This 5-bedroom semi-detached property in Wisbech, Cambridgeshire, is being marketed as an investment opportunity. The property has been converted into five individual bedsits/studios, each with its own kitchenette and bathroom, and has undergone refurbishment to bring them up to a good modern standard. The property generates an annual rental income of £30,960, with a gross yield of 10.8% and a net yield of 9.8%. The property is freehold, with no service charge or ground rent, and has off-road parking and a rear garden space. The current letting agent is in place, and all flats are independently rated and registered with Fenland District Council, with up-to-date building regulations and electrical certificates.