2 bed flat for sale

Norwich Road, Wisbech PE13

Offering a 10.5% gross yield, this well-presented two-bedroom flat on Norwich Road, Wisbech, provides investors with immediate rental income and a solid long-term return in one of Cambridgeshire's most affordable property markets.

Currently let at £700 pcm (£8,400 per annum) and priced at £80,000, the property represents a low-cost, high-performing investment opportunity. Spanning approximately 645 sq ft, it features two well-proportioned bedrooms, one bathroom, a separate kitchen, and a bright, comfortable living area. Residents also benefit from access to a communal garden, adding to its rental appeal.

Held on a 99-year lease from 1 March 2004, the property also includes a valuable ⅓ share of the freehold, offering added ownership security and future flexibility. With an EPC rating of E, Council Tax Band A, and an “Excellent” internal condition rating, the flat is fully compliant and ready to continue producing stable rental income.

Located on Norwich Road, PE13, the property sits within easy reach of Wisbech town centre, local shops, schools, and amenities. The area remains popular with tenants due to its affordability, strong commuter links, and access to nearby employment hubs.

With its strong yield, share of freehold ownership, and excellent tenant appeal, this property offers a secure, high-return investment and a well-balanced addition to any buy-to-let portfolio