3-bedroom terraced house · PE11 3AQ
Let agreedListed 45 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Leaders are delighted to offer to let this three bedroom mid-terraced, fully redecoreated property situated on the edge of town with accommodation comprising entrance porch, lounge, kitchen diner, utility, bathroom and sun room to the ground floor; three bedrooms to the first floor.
The property also benefits from a great sized garden and off-road parking for 2 cars.
Comprising: Entrance Porch Living Room: 10' 4" x 14' 11" (3.16m x 4.57m) UPVC double glazed window to the front, laminate flooring. Inner Lobby: Staircase to first floor, vinyl plank flooring.
Kitchen Diner: 11' 9" x 15' 0" (3.59m x 4.58m) 2 UPVC double glazed windows to the rear, fitted with a range of base, eye level and drawer units, work surfaces over, tiled splashbacks, inset stainless steel bowl sink with mixer tap, electric cooker included, space for fridge and freezer, larder cupboard off, further storage cupboard off with shelving, door to: Utility: 5' 7" x 6' 6" (1.72m x 1.99m) vinyl plank flooring, wall mounted gas boiler, sliding door into: Bathroom: 6' 3" x 5' 4" (1.91m x 1.64m) Obscured UPVC double glazed window to the side, tiled flooring, fitted with a three piece suite comprising low level WC, pedestal wash hand basin with taps and bath with telephone shower mixer tap.
From the Utility into: Sun Room: 8' 7" x 9' 4" (2.63m x 2.86m) UPVC double glazed French doors to the rear, obscured Bedroom One: 10' 1" x 12' 4" (3.09m x 3.77m) 2 UPVC double glazed windows to the front, fitted wardrobe into recess.
Bedroom Three: 6' 11" x 9' 2" (2.12m x 2.81m) UPVC double glazed window to the rear Bedroom Two 7' 6" x 12' 4" (2.3m x 3.77m) UPVC double glazed window to the rear Garden: Paved patio area, lawned area with shrubs and trees.
To the back of the garden you will find an open out building with great space. Parking: Front garden with off-road parking for two vehicles. **call now to book your viewing!** EPC Rating: D.
Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £215.76. A Holding deposit of £1,078.84 based on the advertised rent, is required to reserve this property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 181, Cradge Bank, Lincolnshire
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