2-bedroom terraced house · PE15 9HB
Listing removedListed 83 days · slow let
Opportunity summary
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About
KITCHEN/DINER 17' 8" x 10' 10" max (5.38m x 3.3m) From double glazed entry door, double glazed windows front and rear, fitted kitchen including a range of matching wall and base units with worktop surfaces and tiled splashbacks, space and plumbing for automatic washing machine, space for upright fridge/freezer, single drainer one and a half bowl sink unit, fitted 4 ring electric hob, electric cooker and canopy style extractor, textured and coved ceiling, radiator, recess shelving and storage cupboard.
LOUNGE 14' 4" x 11' 4" (4.37m x 3.45m) Radiator, double glazed window to front, textured and coved ceiling.
REAR LOBBY 9' x 8' 8" max (2.74m x 2.64m) Double glazed door and window, stairs leading off, radiator, range of built in half height storage cupboards, textured and coved ceiling, walk in utility cupboard with space and vent for tumble dryer.
CLOAKROOM Having low level wc and wash basin with tiled splashback, radiator, double glazed window.
FIRST FLOOR Stairs and landing, double glazed window, textured and coved ceiling, boiler cupboard housing wall mounted Viessman gas fired boiler.
BEDROOM 1 11' 5" x 11' 3" max (3.48m x 3.43m) Radiator, double glazed window, textured and coved ceiling.
BEDROOM 2 11' 2" x 10' 11" (3.4m x 3.33m) Radiator, 2 double glazed windows, textured and coved ceiling.
BATHROOM Double glazed window, radiator, textured and coved ceiling, pedestal wash basin and bath with shower over and screen, tiled splashbacks.
SEPARATE WC Having low level wc, double glazed window, coving to flat ceiling.
OUTSIDE The property has access via passageway to rear of the row of properties and also through hand gate into enclosed garden leading to double glazed entry door.
Garden is laid to lawn and decking, garden shed included. SERVICES Mains water, electricity, gas and drainage. Radiator central heating via gas fired boiler.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Smiths Drive, March
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