2-bedroom bungalow · PE11 1UU
For saleReduced £15k (−7.1%) on 2 OctListed 113 days
Opportunity summary
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About
Nestled on Osier Road in the charming town of Spalding, this delightful bungalow presents an excellent opportunity for those seeking a comfortable and spacious home.
With no chain involved, you can move in without delay and start enjoying all that this property has to offer.
Upon entering, you will find a well-designed kitchen that seamlessly flows into a double aspect dining room, perfect for entertaining family and friends.
The inner hallway leads to a four-piece bathroom suite, ensuring convenience for all residents. This home boasts two generously sized double bedrooms, providing ample space for relaxation.
The inviting lounge features French doors that open up to a generous side and rear garden, creating a lovely indoor-outdoor living experience.
The property benefits from off-road parking for up to five cars, making it ideal for families or those with multiple vehicles.
Additionally, an oversized garage measuring 27 feet in length is equipped with power and light, offering plenty of storage or workshop space.
The side gated access leads to a larger-than-average side and rear garden, perfect for outdoor activities or simply enjoying the fresh air.
Conveniently located within walking distance to a local shop and The Moorings pub, which boasts a lovely seating area overlooking the river, this home is also just a 15-minute walk or a 4-minute drive to the town centre.
Here, you will find a variety of shops, restaurants, supermarkets, and a train station, providing excellent transport links.
For those who enjoy shopping, the Springfields shopping outlet is only five minutes away, and the property is well-connected to the A16, offering easy access to Peterborough, Lincoln, and Norfolk.
Spalding itself is a town rich in history, surrounded by beautiful countryside and picturesque riverside walks, making it a wonderful place to call home.
Kitchen (3.10m x 2.84m (10'2 x 9'4)) UPVC obscured double glazed door to the side, UPVC double glazed window to the rear, base and eye level units with work surface over, sink and drainer with mixer taps over, integrated electric oven and grill with a separate half sized oven and grill above, electric hob, freestanding dishwasher included in the sale, space and plumbing for washing machine, space and point for fridge freezer, tiled splashback, power points, radiator, inset spotlights, storage cupboard and an archway leading through to the dining room.
Dining Room (3.05m x 2.13m (10'0 x 7'0)) Double aspect with the UPVC double glazed windows to the front and side, radiator and power points. Hallway Loft hatch, radiator and storage cupboard.
Lounge (3.99m x 3.10m (13'1 x 10'2)) UPVC double glazed French doors to the rear garden, radiator, power points, telephone point, TV point and electric fireplace.
Bedroom 1 (3.99m x 3.07m (13'1 x 10'1)) UPVC double glazed window to the front, radiator and power points.
Bedroom 2 (3.38m x 2.62m (11'1 x 8'7)) UPVC double glazed window to the front, radiator, power points and TV points.
Bathroom Four piece bathroom suite, UPVC obscured double glazed window to the rear, panel bath with mixer taps, WC, vanity wash hand basin with mixer taps and storage cupboard beneath, wall mounted heated towel rail, wet room shower with built-in mixer shower and fully tiled walls.
Outside The property sits on a fantastic plot with gravel off-road parking to the front for 4-5 cars, this then leads to the oversized single garage.
There is side gated access to the wider than average corner plot rear garden, it’s enclosed by panel fencing, predominantly laid to lawn, shed, outside tap, outside light, block paved patio seating area and outside power points.
Oversized Single Garage (8.31m x 2.34m (27'3 x 7'8)) Power and lighting connected, separate fuse box, up and over door to the front and a UPVC obscured double glazed door to both sides of the garage.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 27, Osier Road, Spalding
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