The former Wisbech post office and telephone exchange has been placed on the market with an asking price of £4.5m.  

The building, in Bridge Street and adjacent to the Clarkson Memorial, is being converted into 33 one-bedroom apartments and two commercial units.

The works are set to be completed towards the end of the year, according to the listing on Rightmove.  

The agent's description says: “Presenting a unique freehold investment opportunity in a prime location, this property boasts 33 x one-bedroom apartments and two commercial dwelling due to be finished December 2024.

“Each property has been refurbished to the highest standard, showcasing modern finishings and attention to detail throughout, with an ICW builders warranty in place, investors can rest assured of the quality of these fully renovated apartments 
 
“Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a solid entry into the rental market, this property offers both immediate rental returns and long-term potential for capital growth.  

“Don't miss this opportunity to acquire a prized property with strong rental demand and promising prospects for the future.” 

The Grade-II listed former Wisbech post office building is being converted into 33 flats and two commercial units.The Grade-II listed former Wisbech post office building is being converted into 33 flats and two commercial units. (Image: Rightmove) Hudson Homes, the Peterborough-based agent looking after the listing, added it has a letter of intent from an existing client interested in leasing the building for five years on £360,000 per annum.  

The development is described as “fully renovated with modern furnishings” in the listing and the first apartments will be complete in the coming weeks.

A Luton-based developer was granted planning permission early last year to convert the building into apartments.  

The former post office closed over a decade ago but the building itself dates back to the 19th century.  

According to Historic England, it was constructed in 1887 in “French, Mediaeval Domestic Style”. 

Hudson Homes Estate Agents is handling all enquiries. The number listed on the Rightmove website is 01733 764249.