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See how verdicts workTerraced house · PE9 2DG
For saleListed 102 days
Opportunity summary
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About
The Little Surgery is a very attractive Grade II* Listed, stone fronted building which has been in use as a doctor’s surgery since the 1930’s.
The ground floor comprises an entrance hall, reception area, two consulting rooms, w.c and dispensary with access to the basement.
The first floor has a patient’s waiting area, office, two consulting rooms, w.c and kitchen. Gas central heating is installed. Outside there is a small enclosed rear courtyard.
Location - Stamford has a unique blend of history, stunning architecture and niche shopping. the property has easy access of the A1 connecting to other major road networks.
The city of Peterborough provides the main city rail links (London Kings Cross approx.
50-55 mins) and Stamford has the advantage of its own railway station which provides direct routes to Leicester and Birmingham.
Description - 21 St Mary's Street is a prominent Gothic-inspired Grade II* Listed, stone fronted building in the heart of Stamford, this well-presented period property offers a combination of character, scale and flexibility.
The building benefits from generous room sizes, high ceilings and excellent natural light.
The property was most recently a beauty and holistic treatments centre and previously a doctors surgery, it would easily continue with a similar or other commercial use.
The ground floor comprises an entrance hall, reception area, a large treatment room with another separate room to the rear, w.c and kitchen with access to the basement.
The first floor has a sizeable landing area and multiple treatment rooms, all currently fitted with showers and one with a statement claw footed bath, there is a separate w.c also.
Gas fired central heating is installed. Outside there is a small enclosed courtyard.
Accommodation - The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.
Ground Floor - 126.1 sq m (1358 sq ft) First Floor - 93.9 sq m (1011 sq ft) Basement - 72.4 sq m (780 sq ft) Total NIA excluding basement - 220 sq m (2,368 sq ft) approx. See floor plans attached.
Services - We understand that mains electricity, gas, water and drainage are connected.
None of the heating systems or any other plan and equipment have been tested by Richardson and prospective purchases must rely on their own investigations as to their existence and condition.
Business Rates - From enquiries made of the Valuation Office website, we understand that the following rating assessment applies:- Current - £21,000 Interested parties should however rely on their own enquiries as to the amount of rates payable.
Terms - The property is for sale freehold with full vacant possession. Vat - We understand that the property is not elected for VAT.
Anti Money Laundering - Prospective buyers will be required to provide ID Documentation (certified copies of passport, driving licence, utility bill) and pass the necessary Anti-Money Laundering checks undertaken by the agent prior to completion of the sale.
Legal Costs - Each party to bear their own legal costs incurred in the transaction. Viewing - For an appointment to view or further information please contact - Andrew Leech t: e: Katie Mulhern t. e.
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
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FAQ
About 21 St Marys Street, Stamford
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