3-bedroom detached house · PE23 5GB
Listing removedListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are pleased to bring onto the market this 3 Bedroom Detached house set in a well known area of Spilsby Village.
Well maintained throughout this property has a lot to offer, ideal for the first time buyer looking to work from home or as a family residence.
Viewing is highly recommended to appreciate the standard of finish.
Lounge Centred around the feature fireplace with its coal effect gas fire it is laid at present to a 3 piece suite and wall mounted television. French doors lead out into the conservatory.
Kitchen / Diner The kitchen comprises of a range of units in a gloss white finish with wood effect worktops, integrated dish washer, built in double oven and gas hob with extractor fan over, the sink is set under the Upvc window which over looks the garden.
There is also a Upvc half glazed door giving access out onto the garden. The dining area is laid to a 6 seater table with a Upvc window out to the front elevation.
Bedroom1 Upvc window with radiator under, it is currently laid to double bed and side cabinets. Bedroom 2 Upvc window and radiator under this room is another good sized double.
Bedroom 3 At present it is used as a dressing room and has a Upvc window with a radiator under.
conservatory The conservatory has a dome feature roof and bay type window with double french doors leading out to the garden.
Currently laid out with four wicker style chairs set around a glass top table. Garage The garage has an up and over door to the front elevation and a rear access single door to the rear.
Outside To the front of the property there is a decorative paved area set with ornamental lamps and shrubs for easy maintenance, whilst the rear garden is enclosed by a wooden fence and a large lawn with feature shrubs to the boarders Spilsby Spilsby has been an historic market town since 1302, it lies on the southern edge of the Lincolnshire Wolds which is an area of outstanding beauty.
With its array of shops and cafes it is still a vital hub for other outlying villages in the area. It is also on the main bus route connecting to the larger town of Horncastle and the city of Lincoln
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 Lady Jane Franklin Drive, Spilsby, PE23 5GB
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