Offers over
£55,000
1 bed flat for saleTurnpike Court Turnpike Court, Wisbech PE13
1 bed
1 bath
EPC Rating: E
Added on
About this property
Newly Renovated
All new appliances
Off Street Parking
Immediate Viewings Available
Projected 13%+ Yield
Strong Rental Demand
A ready-made investment opportunity located in the established rental market of Wisbech, with potential to generate up to £625 pcm.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected gross yield of over 13% (subject to purchase price). Comparable one-bedroom apartments within Turnpike Court and the surrounding area are achieving between £595–£625 pcm, supporting strong rental demand and future rental growth potential.
The property is presented in good, low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio. The development benefits from communal parking and a convenient location close to Wisbech town centre and local amenities, enhancing its appeal to long-term tenants.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Tenure
Leasehold (92 years)
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Ground rent
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