3-bedroom detached house · PE23 5GA
Sold STCListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached house in a popular residential location within walking distance to Spilsby town centre.
Having accommodation comprising: entrance hall, cloakroom, lounge, dining room, kitchen and utility to ground floor. Three bedrooms and bathroom to first floor.
Outside the property has a lawned front garden, a driveway to the side providing off-road parking, a garage and an enclosed rear garden.
The property benefits from gas central heating and double glazing.
EPC Rating: C ACCOMMODATION Steps up to the part glazed front entrance door with side screen and canopy over through to the: ENTRANCE HALL Having radiator and staircase rising to first floor.
CLOAKROOM Having radiator, extractor, close coupled WC and pedestal hand basin with tiled splashback.
LOUNGE 2.64m x 5.41m Having window to front elevation, sliding doors to rear elevation & garden, coved ceiling and radiator.
DINING ROOM 2.26m x 2.44m Having window to front elevation, radiator and wood effect flooring.
Opening to the: KITCHEN 2.24m x 2.84m Having window to rear elevation, inset ceiling spotlights, radiator and tiled floor.
Fitted with a range of base & wall units with work surfaces & tiled splashbacks comprising: stainless steel sink with drainer & mixer tap inset to work surface, cupboards & appliance space under.
Work surface return with inset gas hob, integrated electric oven, cupboards, drawers & appliance space under, cupboards & concealed extractor over.
UTILITY 1.52m x 1.8m Having part glazed door to rear elevation, radiator, tiled floor, gas fire boiler providing for both domestic hot water & heating, work surface with space & plumbing for automatic washing machine under.
FIRST FLOOR LANDING Having window to rear elevation, radiator and built-in airing cupboard housing hot water cylinder with fitted electric immersion heater.
BEDROOM ONE 2.13m x 2.44m Having window to front elevation, radiator, built-in cupboard and built-in wardrobe.
BEDROOM TWO 2.46m x 2.95m Having window to front elevation, radiator and built-in cupboard. BEDROOM THREE 2.9m x 3.33m Having window to rear elevation and radiator.
BATHROOM 1.7m x 2.21m Having window to rear elevation, radiator, tile effect flooring, tiled splashbacks, extractor and shaver point.
Fitted with a suite comprising: panelled bath with shower fitting & anti-splash screen over, close coupled WC and pedestal hand basin.
EXTERIOR To the front of the property there is a lawned garden.
A driveway to the side provides off-road parking and leads to the: GARAGE 2.57m x 5.05m Having electric roller door, side service door, light and power.
Gated access to the: REAR GARDEN Being enclosed and laid to lawn with a small paved patio. SERVICES The property has mains gas, electricity, water and drainage connected.
Heating is via a gas fired boiler serving radiators and the property is double glazed. The current council tax is band B.
We are advised that the property had a new gas boiler, hot water cylinder with fitted electric immersion heater in January 2025.
LIFETIME LEGAL We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
AGENT'S NOTES These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
Agent & docs
FAQ
About Spilsby Meadows, Spilsby, PE23
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