Credo, 126, Leverington Common, WISBECH, Cambridgeshire, PE13 5BW

Description

An opportunity to acquire a detached bungalow set in a popular and sought village of Leverington Common close to the Fenland market town of Wisbech. The property has been in the same ownership for many years and would now benefit from updating and has potential to extend subject to obtaining the necessary permission from Fenland District Council. The current accommodation is hallway, lounge, breakfast kitchen, dining room, conservatory, three bedrooms and family bathroom. Leverington Common lies approximately 2miles north of the town centre where an array of high street shops, business and leisure facilities can be found, the A47 trunk road provides access to King’s Lynn and Peterborough. Accommodation: Ground Floor: Entrance hall, breakfast kitchen, dining room, lounge, conservatory, three bedrooms, family bathroom. Exterior: Front garden with horseshoe shaped driveway providing ample parking, access to garage, numerous storage sheds and green houses, plot extends to approximately 0.325 acres (STMS). EPC: D Council Tax: C

Location

Property located at Credo, 126, Leverington Common, WISBECH, Cambridgeshire, PE13 5BW.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £20,000–£45,000. 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: ★★★☆☆