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See how verdicts work2-bedroom flat · PE21 8EU
For saleReduced £5k (−5.6%) on 21 JunListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented top floor, two-bedroom flat on Sleaford Road offers spacious accommodation and a fantastic investment opportunity.
The property features a bright and generous front-facing lounge, a modern kitchen complete with freestanding appliances, and a family bathroom fitted with a corner bath and overhead shower.
Both bedrooms are well proportioned, with bedroom two benefiting from fitted wardrobes, while the master bedroom provides comfortable, versatile living space.
Externally, the property enjoys access to a shared garden as well as off-street parking at the front, adding convenience for residents.
Currently tenanted at £695pcm, the flat delivers an attractive yield of just under 8%, making it an ideal purchase for landlords looking to add a strong-performing asset to their portfolio.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 58A,, Sleaford Road, Lincolnshire
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