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See how verdicts work2-bedroom flat · PE11 2TJ
For saleReduced £6.5k (−5.9%) on 26 OctListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive Two-Bedroom Flat Close to Spalding Town Centre This well-presented two-bedroom flat offers comfortable and modern living, ideal for both investors and owner-occupiers.
Situated within easy reach of Spalding town centre, local schools, shops and a variety of amenities, the property enjoys a convenient and desirable location.
Inside, the flat features an inviting open-plan living space that flows seamlessly into a contemporary fitted kitchen, creating a bright and sociable environment.
There are two good-sized bedrooms and a modern shower room, providing practical and well-designed accommodation.
The property is currently tenanted, making it an excellent opportunity for buy-to-let investors seeking a ready-made rental.
Alternatively, it can be made available with vacant possession for those wishing to move in themselves. An appealing, versatile property in a sought-after area—early viewing is recommended.
Entrance Hall - Storage cupboard. Door to lounge, bedrooms and shower room. Lounge - UPVC window. Radiator. Laminate wood flooring.
Kitchen - Matching range of base and eye level units with work surfaces over. Sink unit with drainer and mixer tap. Tiled splash backs. Electric hob with extractor hood over. Built in oven and grill.
Space for fridge/freezer. Tiled flooring. Bedroom 1 - UPVC window. Radiator. Laminate wood flooring. Bedroom 2 - UPVC window. Radiator. Laminate wood flooring.
Shower Room - Shower cubicle with electric shower over. Wash hand basin. Toilet. Radiator. Wood effect flooring. Outside - The property benefits from allocated parking.
Parking Space - Property Postcode - For location purposes the postcode of this property is: PE11 2TJ Additional Information - PLEASE NOTE: All photos are property of Ark Property Centre and can not be used without their explicit permission.
Verified Material Information - Tenure: Leasehold Council tax band: A Annual charge: Not known Property construction: Brick built Electricity supply: Mains Water supply: Mains Sewerage: Mains Broadband: As stated by Ofcom, Standard, Superfast and Ultrafast is available.
Mobile coverage: As stated by Ofcom, Indoor - EE is Likely over Voice and Data. Three is Limited over Voice and Data. O2 is Limited over Voice and Data. Vodafone is Limited over Voice and Data.
Mobile coverage: As stated by Ofcom, Outdoor - EE is Likely over Voice and Data. Three is Likely over Voice and Data, O2 is Likely over Voice and Data. Vodafone is Likely over Voice and Data.
Parking: Allocated parking Building safety issues: Not known Restrictions: Not known Public right of way: Not known Flood risk: Surface water - low. Rivers and the sea - medium.
Other flood risks - Groundwater - flooding from groundwater is unlikely in this area. Reservoirs - flooding from reservoirs is unlikely in this area.
Coastal erosion risk: Not known Planning permission: Please refer to South Holland District Council Planning Portal for any planning applications.
Accessibility and adaptations: Not known Coalfield or mining area: Not known Energy Performance rating: C75 Viewing Arrangements - Viewing is by appointment with Ark Property Centre only.
We suggest you call our office for full information about this property before arranging a viewing.
Offer Procedure - Please note: before an offer is agreed on a property you will be asked to provide I.D and proof of finance, in compliance Money Laundering Regulations 2017 (MLR 2017).
The business will perform a Money Laundering Check as part of its Money Laundering Policy.
If a cash offer is made, which is not subject to the sale of a property, proof of funds will be requested or confirmation of available funds from your solicitor.
Ark Property Centre - If you are thinking about selling your property or are not happy with your current agent - we can offer a FREE valuation service with no obligation.
Referral & Fee Disclosure We can also offer full Financial and Solicitor services. We have strong relationships with a panel of trusted solicitors and mortgage advisors.
Because we refer a high volume of work to them, they’re able to provide our clients with preferential service and competitive rates.
If we introduce you to one of these solicitors or mortgage advisors, we may receive a referral fee of between £100 and £250.
We only work with firms we trust to deliver high-quality advice and good value.
You are free to use any solicitor or mortgage advisor you choose, but we hope you find our recommended panel competitive and helpful.
Disclaimer - These particulars, whilst believed to be accurate are set out as general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has authority to make or give representation or warranty in respect of the property. These details are subject to change.
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

FAQ
About St. Thomas Road, Spalding
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