Sold STC Semi-detached

38 TOWER ROAD

WISBECH, FRIDAY BRIDGE, CAMBRIDGESHIRE PE14 0HP

2 beds 2 baths 86 m² Listed 18 Jan 2024 (-877d)

£215,000

Offers in Excess of

Reduced on 3 Mar 2025

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# 2 bedroom semi-detached house for sale (PE14 0HP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 TOWER ROAD, WISBECH, FRIDAY BRIDGE, CAMBRIDGESHIRE PE14 0HP |
| Price | £215,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | A |
| Last sold | £215,000 Aug 2025 |

## Description

The accommodation consists of an entrance hall, a spacious

open plan lounge/diner with a feature fireplace, modern

kitchen with a separate utility room which then leads onto the ground

floor WC. The first floor provides the landing area, the modern

family bathroom and two bedrooms all with built in wardrobes.

Outside offers plenty of space with a large driveway offering parking for up to 3 vehicles. Gated side access leads to the rear enclosed garden which is a generous size offering plenty of space for the family to enjoy. The garden boasts a very large patio area perfect for outside dining/entertaining as well as a large lawned area, generous shed, and 2 outbuildings which are currently used as a nail studio and a bar!

Location - Set in the desirable village of Friday Bridge where there is a

village shop, pub, primary school & park. There is good access routes to

March, Wisbech, Kings Lynn & Peterborough.

The property benefits from uPVC windows and doors, gas central heating with a modern boiler, and mains drainage.

Call now to arrange your viewing!

## Property Photos

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## Floorplans

- ![Floorplan 1](/listings/photos/86743332/214091) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/86743332/214092) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP | £215,000 | 15/08/2025 | Semi-detached |
| 38 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP | £107,000 | 31/05/2013 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHEQUERS COTTAGE BACK ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HU | £187,000 | 31/05/2023 | Semi-detached |
| [Same street] 11A TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP | £135,000 | 05/05/2023 | Flat |
| [Same street] 18 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP | £192,000 | 09/12/2022 | Semi-detached |
| [Same street] 36 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP | £203,000 | 21/10/2022 | Semi-detached |
| ST LOUIS, 30 MARCH ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HA | £189,250 | 30/06/2021 | Semi-detached |
| [Same street] 24 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP | £180,000 | 21/06/2021 | Semi-detached |

**Street average:** £177,500 (4 sales)
**Area average:** £188,125 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £213,267 (30 Semi-detached, PE14, 2024–2026)
- **Deviation:** +0.8%

## Rental Range

*ONS Price Index of Private Rents (Fenland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £749/mo
- **Realistic:** £832/mo
- **Optimistic:** £915/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Kings Lynn (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, Orchard Close, PE14 | £900/mo | 2 | 1.09 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.42% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 5%
- **Cost-to-rent:** 19.9×
- **Monthly cashflow:** £-62/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 17.1%
- **10y growth:** 41.5%

## House Price Index (HM Land Registry)

*Official index for Fenland; Semi-detached series; as of March 2026.*

- **1y growth (index):** 2.8%
- **5y growth (index):** 19.3%
- **10y growth (index):** 48.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Floor area

86 m²

Council tax band

Last sold

£215,000 Aug 2025

Local average

£213,267 (+0.8%)

Deprivation

Decile 3 (7,743 of 33,755)

Street crime

14 incidents within 1 mile (Apr 2026)

Key features

Superb Village Location
2 Bedrooms
Semi Detached House
Off Road Parking For 3 Cars
24ft Lounge/Diner
Modern Kitchen
Bar + Outbuildings
Gas Central Heating
Mains Drainage
DON'T MISS OUT- CALL NOW TO VIEW!

Additional details

Parking: Yes
Garden: Yes

Description

VILLAGE LIFE!! Check out this beautiful, modern family home in the heart of Friday Bridge. With two bedrooms,this semi-detached property is offered in immaculate condition with a large rear garden with field views!

The accommodation consists of an entrance hall, a spacious
open plan lounge/diner with a feature fireplace, modern
kitchen with a separate utility room which then leads onto the ground
floor WC. The first floor provides the landing area, the modern
family bathroom and two bedrooms all with built in wardrobes.

Outside offers plenty of space with a large driveway offering parking for up to 3 vehicles. Gated side access leads to the rear enclosed garden which is a generous size offering plenty of space for the family to enjoy. The garden boasts a very large patio area perfect for outside dining/entertaining as well as a large lawned area, generous shed, and 2 outbuildings which are currently used as a nail studio and a bar!

Location - Set in the desirable village of Friday Bridge where there is a
village shop, pub, primary school & park. There is good access routes to
March, Wisbech, Kings Lynn & Peterborough.

The property benefits from uPVC windows and doors, gas central heating with a modern boiler, and mains drainage.

Call now to arrange your viewing!

Listed by

Wisbech

Aspire Homes

Reference: 86743332

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

101% since 2013

Event	Date	Price	% change
Sold	15/08/2025 (9 months ago)	£215,000	+100.9%
Sold	31/05/2013 (13 years ago)	£107,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
CHEQUERS COTTAGE BACK ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HU	£187,000	31/05/2023	Semi-detached
Same street 11A TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP	£135,000	05/05/2023	Flat
Same street 18 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP	£192,000	09/12/2022	Semi-detached
Same street 36 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP	£203,000	21/10/2022	Semi-detached
ST LOUIS, 30 MARCH ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HA	£189,250	30/06/2021	Semi-detached
Same street 24 TOWER ROAD, FRIDAY BRIDGE, WISBECH, FENLAND, CAMBRIDGESHIRE, PE14 0HP	£180,000	21/06/2021	Semi-detached

Street average: £177,500 (4 sales)

Area average: £188,125 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 17.1%

10y growth 41.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Fenland. Series: Semi-detached. As of March 2026.

1y (index) 2.8%

5y (index) 19.3%

10y (index) 48.3%

Rental Range

Estimated market rent for Fenland. Low = conservative, Realistic = average, Optimistic = best case.

Low £749/mo

Realistic £832/mo

Optimistic £915/mo

Based on Local Authority from postcode lookup → Fenland.

LHA (30th percentile) floor for Kings Lynn: £648/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE14 0HP

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	March Road	0.1 miles
Hospital	Cambian Meeko House & Home Tree School	0.7 miles
Shop	Elm Village Store	1.2 miles
Shop	Tramways Farm Shop	1.8 miles
Hospital	North Cambridgeshire Hospital	3.1 miles
Train station	March	5.1 miles
Train station	Manea	8.5 miles

Street-level crime

Category	Count
Anti-social behaviour	4
Violence and sexual offences	4
Criminal damage and arson	3
Other theft	2
Robbery	1
Total incidents	14

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The Old School House	Other	0.2 miles	Requires improvement — 27 Sep 2023
Friday Bridge Community Primary School	Primary	0.2 miles	Good — 21 Jun 2022
Shelldene House School	Other	0.3 miles	Good — 21 Sep 2022
Cambian Home Tree School	Other	0.7 miles	Good — 7 Mar 2024
Begdale House School	Other	1.1 miles	Good — 13 Jul 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Semi-Detached House, Orchard Close, PE14	£900/mo	2	1.09 miles	OpenRent

Average rent: £900/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.42%

Max investor price (0.8%) £112,500

Target investor price (1%) £90,000

Gross yield 5%

Cost-to-rent ratio 19.9×

Monthly cashflow £-62/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -1.2%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).