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See how verdicts work3-bedroom bungalow · PE23 4DT
Listing removedListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the picturesque Lincolnshire Wolds, the sought-after village of Raithby offers a peaceful rural setting surrounded by rolling countryside, whilst remaining within easy reach of the market town of Spilsby and its range of everyday amenities.
Offered to the market with no onward chain, this detached bungalow enjoys a wonderful position with beautiful open views across the countryside to the rear and provides spacious, well-balanced accommodation throughout.
The property comprises an entrance hall leading into a generous lounge with a bay window, a separate dining room, fitted kitchen with adjoining pantry, utility room and laundry room.
There are three well-proportioned bedrooms, a spacious shower room and a central hallway providing access to all principal rooms.
The versatile layout is well suited to a range of buyers looking to enjoy village living in an attractive rural setting.
Externally, the property benefits from ample off-road parking, a garage, lawned gardens surrounding the property and a patio to the rear, creating the perfect space to relax and enjoy the stunning countryside views.
Properties in this desirable Wolds location are always in demand, and an internal viewing is highly recommended to fully appreciate both the accommodation and the idyllic setting on offer.
Agents Note: The property is served by a septic tank.
Buyers are advised that we have not seen any documentation relating to its compliance with the current General Binding Rules and should make their own enquiries if this is of importance to them.
Entrance Hall Lounge 4.56m x 3.65m - 14'12” x 11'12” Dining Room 3.63m x 3.49m - 11'11” x 11'5” Kitchen 2.62m x 3.91m - 8'7” x 12'10” Pantry 1.09m x 2.17m - 3'7” x 7'1” Utility 3.79m x 2.1m - 12'5” x 6'11” Laundry Room Hallway 3.63m x 3.17m - 11'11” x 10'5” Bedroom 1 4.53m x 3.65m - 14'10” x 11'12” Bedroom 2 2.77m x 3.19m - 9'1” x 10'6” Bedroom 3 2.75m x 3.16m - 9'0” x 10'4” Shower Room 2.11m x 2.67m - 6'11” x 8'9” Outside Attached Garage 5.77m x 2.97m - 18'11” x 9'9”
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
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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.
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FAQ
About The Hawthorns, Spilsby
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