CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | WISBECH, CAMBRIDGESHIRE | |||||||
| Category: | A | |||||||
| Investor Profile | Pension, Business, Retirement, Holiday, Downshifter and Cash&Equity | |||||||
| Population aged 15+: | 16,889 | |||||||
| Actual | National Average | |||||||
| Percentage Class ABC1: | 36% | 44% | ||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 11 | 1 | 4 | 4 | ||||
| Yield Range: | 7.2% - 14.3% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Flats&maisonettes | 32,800 | 49,200 | 90 | 123 | 13.0% | 14.3% | ||
| Terraced | 45,600 | 68,400 | 87 | 118 | 9.0% | 9.9% | ||
| Semi-detached | 65,600 | 98,400 | 109 | 148 | 7.9% | 8.6% | ||
| Detached | 111,200 | 166,800 | 170 | 231 | 7.2% | 8.0% | ||
| Valuations above the national average by: | 0% | |||||||
| Actual | National Average | |||||||
| Capital growth last 12 months: | 22% | 18% | ||||||
| Capital growth last 5 years: | 92% | 80% | ||||||
| Large employers in the area: | None | |||||||
| Demand For Letting: | Excellent | |||||||
| Average void period: | 1 week | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 8 | 4 | 4 | |||||
| Summary: | Isolated town with a good local economy and strong tenant demand. | |||||||
| Description: | I have 9 properties in this area. What I love about this area is that it is quite tucked away from other towns and is at least a good 50 mins drive down a single carraigeway to any of the neighbouring cities. Because of this, any sensible person working in the town would like to live in the town. I put an advert in the local press detailing my properties available to rent and I must of got at least 40 calls that week – tenant demand is high! The town is a pretty town, there is a river running through and it is quite close to the coast, and there are several new development areas being constructed. The port has been renovated from a £1m development fund set up by the local council, English Partnerships & the European Regional Development Fund, The port has reintroduced the use of the port as a tourist and leisure facility. Currently the area is used for moorings for boat owners but the surrounding land will be used for industrial purposes thus providing jobs. | |||||||
| Mainline railway station: | 1 hour and 40 minutes to London Kings Cross (with one change) | |||||||
| Road Access: | Main access route A47 43 miles north of Cambridge 40 miles to M11 | |||||||
| Local Newspaper | Cambridgeshire Times & Standard 01354 652621 | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Spicer McColl Ltd | 10 York Row Wisbech Cambridgeshire PE13 1EF | 01945 467555 | ||||||
| John Jordan Estate Agents | 12 Union Street Wisbech Cambridgeshire PE13 1DJ | 01945 588301 | ||||||
| Principal Estate Agents | 5 Church Terrace Wisbech Cambridgeshire PE13 1BJ | 01945 581234 | ||||||
| Harrison Murray Ltd | 9-10 Bridge Street Wisbech Cambridgeshire PE13 1AE | 01945 465432 | ||||||
| Bairstow Eves Estate Agents | 9 Union Street Wisbech Cambridgeshire PE13 1DJ | 01945 581085 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Holmes | 9 Union Street Wisbech Cambridgeshire PE13 1DJ | 01945 588875 | ||||||
| A1 Property Rentals | 17-18 Church Mews Wisbech Cambridgeshire PE13 1HL | 01945 466951 | ||||||