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10 bed detached house for sale

£850,000

Scargells Yard, High Street, March PE15

10 10 6
Interested in this property? Call +44 1354 699002 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Re-Furbished to a Very High Standard
  • Prominent High Street Location
  • Excellent Investment Opportunity
  • 10 En-Suite Bedrooms
  • Extensive Secured Parking
  • Convenient to the Train Station (Links into London Kings Cross)
  • No Chain

Property description


Summary
**Extensive Secured Parking
**10 En-Suite Bedrooms
**Convenient to the Train Station
**Prominent High Street Location
**Re-Furbished to a Very High Standard
**Excellent Investment Opportunity
**No Chain

description
Occupying a prominent position in the centre of March convenient to the A 141 ( Cambridge, Huntingdon and Stansted airport). The market town benefits from twice weekly markets selling local produce and also 48hr river moorings available. The hotel has the benefit of 10 high quality en-suite letting bedrooms, and a pretty courtyard garden.

The current owners acquired the King William IV in 2011 and during their five years of ownership they have spent considerable time and money physically updating the bed and breakfast enhancing the excellent reputation of the business.

The owners run the bed and breakfast very much as a 'Lifestyle' business. With a dedicated hands-on-approach and renewed website advertising this bed and breakfast could undoubtedly trade at higher levels of both turnover and profits. Given that the hotel is already trading with an impressive turnover in excess of £150k per annum, the opportunity to run the hotel on a more 'hands-on' basis and the potential to increase these figures the sale represents a fantastic opportunity for enthusiastic new owners.

Entrance vestibule
Dining hall - 3.65 x 4.42m
Inner hallway
Kitchen - 4.21 x 3.51m & 6.24 x 3.51
Cellar - 3.35 x 3.70 & 5.45 x 3.70m


Ancillary areas


On the ground floor is a Commercial Kitchen with a range of professional stainless steel equipment, work surfaces and storage.


Letting bedrooms


10 letting bedrooms, (4 doubles, 3 twin and 3 family) All the bedrooms have en-suite facilities.

Bedroom 1- 3.32 x 4.42m
Bedroom 2- 3.60 x 2.71m
Bedroom - 3.70 x 4.33m
Bedroom - 3.02 x 4.33m
Bedroom - 2.83 x 4.26m
Bedroom - 3.80 x 4.26m
Bedroom - 3.73 x 3.63m
Bedroom - 3.63 x 3.54m
Bedroom - 3.64 x 4.62m
Bedroom - 3.22 x 4.62m


Outside


To the front and side of the property there is extensive secure parking for approximately 15 cars. To the rear and accessed from the rear of the main building is a delightful courtyard.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Sharman Quinney nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £201,410 Sales 472 Current average value £223,348 (Zoopla Zed-Index) Value change £13,687 ▲ 6.53%

Property value data/graphs for PE15

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £273,261 £210 3.4 £250,244
Semi-detached £189,720 £195 2.8 £169,973
Terraced £157,731 £191 2.6 £144,128
Flats £103,287 £195 1.6 £97,125

Current asking prices in PE15

Average: £295,390
Avg. current asking prices in PE15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £116,250
(2)
£188,620
(29)
£241,720
(59)
£331,651
(64)
£502,049
(20)
Flats £92,375
(2)
£113,333
(3)
- - -
All £104,312
(4)
£181,562
(32)
£241,720
(59)
£331,651
(64)
£502,049
(20)

Current asking rents in PE15

Average: £736 pcm
Avg. current asking prices in PE15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £501 pcm
(2)
£665 pcm
(5)
£756 pcm
(7)
£1,301 pcm
(5)
-
Flats £476 pcm
(5)
£573 pcm
(8)
- - -
All £483 pcm
(7)
£608 pcm
(13)
£756 pcm
(7)
£1,301 pcm
(5)
-

Fun facts for PE15

Highest value in PE15
Highest value streets Zed-Index
Fallow Corner Drove £413,511
Chapel Lane £406,391
Steeple View £405,091
Norwood Avenue £384,585
Bridge Lane £352,302
Highest turnover in PE15
Highest turnover streets Turnover
Harvest Close 61.1%
Jones Close 54.5%
The Windsors 54.5%
Walden Close 52.9%
Heron Way 50.0%

What Zoopla users think of March

Overall rating:

  • currently 3.5 stars
Good - 73% (45 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate March:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • March (1.0 mile)
  • Manea (5.0 miles)
  • Whittlesea (8.6 miles)
  • London Stansted Airport (46.1 miles)
  • London Luton Airport (50.2 miles)
  • Norwich International Airport (50.7 miles)
  • West Lynn Ferry Landing (19.3 miles)
  • King's Lynn Ferry Landing (19.4 miles)
  • Reedham Ferry North (61.5 miles)

Nearby schools

View all schools in Fenland
  • Burrowmoor Primary School (0.1 miles)
  • Cavalry Primary School (0.5 miles)
  • Westwood Community Primary School (0.8 miles)
  • Cambridge Arts and Sciences Sixth Form and Tutorial College (22.8 miles)
  • Cambridge Centre for Sixth Form Studies (24.1 miles)
  • Bellerbys College Cambridge (24.3 miles)
  • Neale-Wade Academy (0.6 miles)
  • Cromwell Community College (6.8 miles)
  • Thomas Clarkson Academy (8.3 miles)
Note: Distances are straight line measurements

Local info for Fenland

About the neighbours in PE15

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For more information about this property, please contact
Sharman Quinney, PE15 on +44 1354 699002 * (local rate)

Monthly running costs Beta

£3,468 Monthly total

Mortgage

Purchase price
Deposit (10%) 85,000
Repayment term 25
Interest rate 1.5
Your payment £3,059 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Council Tax

Local authority

Fenland

Estimated tax band H Council tax cost £349 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £27 Sewerage £33 Estimated water cost £60 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sharman Quinney, and do not constitute property particulars. Please contact Sharman Quinney for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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