3, Waldersea, WISBECH, Cambridgeshire, PE14 0NR

Description

Freehold semi-detached house arranged over ground and first floors with front and rear garden, requiring modernisation. Accommodation: First floor: Three bedrooms, WC Ground floor: Two reception rooms, kitchen, utility area, bathroom/WC, storage cupboard, entrance hallway Outside: Front and rear gardens Gross Internal Area (GIA): (Source: EPC) 94 sq m (1,011 sq ft)

Location

The property is situated on Waldersea off Long Drove between its junctions with Jew House Drove and Station Road. Public transport links include Wisbech bus services (routes 56/119) to Horse Fair Bus Station, with March mainline rail station approximately 5 miles away. Road links include the A1101 (via Station Road) and A47 Wisbech bypass. Shopping amenities can be found locally within Friday Bridge village (Londis, post office, convenience stores), with an extensive range of shops, banks, and restaurants in Wisbech town centre (Horsefair Shopping Centre, Market Place, Tesco, Asda) Recreational pursuits can be found locally at Friday Bridge Recreation Ground off Maltmas Drove (playground, sports courts, outdoor gym), with broader leisure options in Wisbech including Lincoln Road park, marina, and Fenland countryside walks.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆