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About This Property

Discover what makes this home special

Gainsborough is a charming two-bedroom house situated in the peaceful village of Leverington, near Wisbech in Cambridgeshire. Positioned on a generous plot, this property offers a perfect blend of rural tranquility and convenient access to local amenities. The home provides comfortable living spaces with potential for modernization or extension, ideal for first-time buyers, small families, or those seeking a countryside retreat within easy reach of larger towns. Its location benefits from scenic surroundings and a strong community atmosphere, making it a desirable place to settle.

The property is well placed for commuting, with Wisbech town centre approximately 3 miles away, offering a range of shops, schools, and leisure facilities. Although public transport options are limited, the proximity to major roads such as the A47 and A1101 ensures good connectivity to Peterborough and King's Lynn, both under an hour's drive. This makes Gainsborough an attractive option for buyers looking for a quiet home without sacrificing accessibility to urban centres and employment hubs.

Property Features

This two-bedroom house features a spacious living room and a fitted kitchen that serve as the heart of the home. The private garden provides ample outdoor space for relaxation or gardening enthusiasts. Off-street parking is available, a valuable asset in this semi-rural location. The property sits on a sizeable plot, offering potential for extension or customization to suit the buyer’s needs. While the exact bathroom count is unspecified, the layout is typical of similar homes in the area, likely including at least one family bathroom. The quiet rural setting enhances the property's appeal for those seeking peace and privacy.

Two BedroomsPrivate GardenOff-Street ParkingSpacious Living RoomFitted KitchenPotential for Extension+1

Local Amenities

Located in Leverington village, the property benefits from close proximity to essential amenities in nearby Wisbech, a historic market town. Educational facilities include Leverington Primary School, just a short drive away, and the highly regarded Wisbech Grammar School for secondary education. For shopping and daily needs, Tesco Superstore and various independent shops in Wisbech Market Place provide a comprehensive retail offering. Leisure and cultural attractions such as Wisbech Park and Wisbech Museum enrich the local lifestyle. Dining options include The Boathouse Restaurant, known for its riverside setting and quality cuisine, adding to the area's appeal.

Leverington Primary SchoolWisbech Grammar SchoolTesco Superstore WisbechWisbech Market PlaceLeverington Village HallWisbech Park+2
King's Lynn Train Station (6.1 miles, 15 mins drive) • 1h 10m by car to Norwich

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£227,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£227,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited public transport options
Close to regional centres like Peterborough
Rural location may limit rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£227,500
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.4%
Based on £1,213/mo rent
Area Price Growth
+2.1%
Average annual increase
5-Year Value Forecast
£252,659
+£25,159 projected gain
5-Year Rent Forecast
£1,462/mo
Based on 3.8% annual growth
Price per Sq Ft£268
Annual Rent Income£14,556
10-Year ROI256%
Break-Even Point14 yrs

Property Value Projection

Based on 2.1% annual growth
£252,659
5yr
£280,601
10yr
£311,633
15yr
£346,097
20yr
£384,372
25yr
Current: £227,500

Monthly Rental Income

Based on 3.8% annual growth
£1,462
5yr
£1,761
10yr
£2,122
15yr
£2,557
20yr
£3,082
25yr
Current: £1,213/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Location

Commute Time Planner

King's Lynn Station
N/A (property to station by car only)
15 mins
Norwich City Centre
N/A (no direct train from property)
1h 10m
Cambridge
45 mins from King's Lynn Station
50 mins

Location Scores

58
Walk Score
Somewhat Walkable
45
Transit Score
Some Transit
52
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential & Commercial+Positive Impact
West Winch Growth Area
3 milesEst. 2028
Transport Infrastructure+Positive Impact
A47 Corridor Improvements
AdjacentEst. 2025
* Information based on local planning applications and may be subject to change

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£227,500
AvailableNB0000054317
View Location Analytics

Gainsborough

East Anglia, PE30 4WU
Florence Fields, King's Lynn
2
Bedrooms
0
Bathrooms
850
Est. Sq ft
house
Type

Developer

Lovell Homes
Available Plot Numbers
37037070071
4 plot(s) available
Ownershipfreehold

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£227,500Gainsborough

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Gainsborough
GainsboroughEast Anglia£227,500

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