2-bedroom terraced house · PE12 9SX
For saleReduced £5k (−3.4%) on 7 OctListed 30 days
Opportunity summary
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About
A Terraced House with a Modern and Stylish interior. This 2 Bedroom House, is presented to a high standard and 'turn key' ready.
This home has been lovingly maintained and is presented beautifully, bright and airy throughout. Comprising of a Lounge, an Open Plan Kitchen/Diner. Upstairs, 2 Bedrooms and a Family Bathroom.
The rear Garden is Low-Maintenance, with the benefit of a Detached Wooden Office/Games Room which has been fully insulated.
An ideal location near the centre of town within walking distance to shops, schools, restaurants and local amenities. Also, main Bus routes and main roads for Kings Lynn and Spalding.
Plus, the challenging Sutton Bridge Golf Course and the delightful River walks along the River Nene. Lounge (4.41 m x 3.76 m (14'6" x 12'4")) Part glazed, UPVC front door.
Bay style UPVC double glazed window with privacy glass to lower half. Built in cupboards. Radiator. Central Hallway Stairs to first floor.
Open Plan Kitchen/Diner (6.63 m x 3.77 m (21'9" x 12'4")) L- shaped room. UPVC double glazed French doors and UPVC double window to rear. Range of wall and base units with work tops over.
One and half sink with drainer and mixer tap. Gas hob with extractor fan over. Integrated electric oven. Tiled splash backs. Plumbing for washing machine. Understairs storage cupboard. Radiator.
Landing Loft access Bedroom 1 (3.77 m x 3.71 m (12'4" x 12'2")) UPVC double glazed window to front with part privacy glass. Built in wardrobe. Storage cupboard. Radiator.
Bedroom 2 (3.76 m x 2.42 m (12'4" x 7'11")) UPVC double glazed window to rear with part privacy glass. Radiator. Bathroom (2.68 m x 2.08 m (8'10" x 6'10")) Part sloping ceiling.
UPVC double glazed window to rear with full privacy glass. Bath with Shower over. Low level WC. Vanity hand basin with mixer tap. Part tiled walls. Heated towel rail. Tiled floor. Extractor fan.
Wall mounted 'Worcester' boiler 2024. Outside To the front, wooden picket fence with wooden pedestrian gate. Mainly laid to gravel. Outside light. The rear garden mainly laid to patio and shingle.
Outside lighting. Outside tap. Exterior electric sockets. Detached Wooden Games Room/Study (4.16 m x 2.84 m (13'8" x 9'4")) Fully insulated. 2 windows to side. Power and lighting.
With additional shelved storage area to the rear 3.10m x 1.81m
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 11 Chestnut Terrace, Spalding
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