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See how verdicts work2-bedroom house · PE20 1LW
Listing removedListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mid terraced property with accommodation comprising entrance hall, lounge, kitchen, ground floor cloakroom, two bedrooms and shower room.
Further benefits include front and rear gardens and allocated parking to the rear. The property is offered for sale with no onward chain.
Entrance Hall Having front entrance door, staircase rising to first floor, ceiling light point, wall mounted central heating thermostat.
Ground Floor Cloakroom Being fitted with a two piece suite comprising WC, pedestal wash hand basin, radiator, extractor fan, ceiling light point, electric fuse box.
Kitchen 10' 7" x 6' 9" (3.23m x 2.06m) Having roll edge work surfaces, inset stainless steel one and a half bowl sink and drainer with mixer tap, base level storage units, drawer units and matching eye level wall units, space for twin height fridge freezer, integrated oven and grill, four ring electric hob with illuminated stainless steel fume extractor above, plumbing for automatic washing machine, window to front elevation, ceiling mounted strip light.
Lounge 14' 0" (maximum) x 13' 6" (maximum) (4.27m x 4.11m) Having French doors leading to the rear garden, window to rear elevation, two radiators, coved cornice, two ceiling light points, TV aerial point, under stairs storage cupboard.
First Floor Landing Having access to loft space, ceiling light point, built-in airing cupboard housing the hot water cylinder and shelving within.
Bedroom One 14' 0" (maximum) x 10' 10" (maximum into recess) (4.27m x 3.30m) Having window to rear elevation, radiator, ceiling light point.
Bedroom Two 13' 5" (maximum into recess ) x 6' 2" (at widest point) (4.09m x 1.88m) Having window to rear elevation, radiator, ceiling light point.
Shower Room Being fitted with a three piece comprising pedestal wash hand basin with tiled splashback, push button WC, shower cubicle with wall mounted electric shower and tiling within and fitted shower screen, radiator, extractor fan, ceiling light point, electric shaver point, obscure glazed window to front elevation.
Exterior The property benefits from an allocated parking space to the rear.
Front Garden With picket style gate and paved pathway leading to the front entrance door, with lawned garden and slower and shrub borders. The garden is enclosed by a mixture of fence and hedging.
Rear Garden Enjoying an approximately south easterly facing aspect and comprising sections of paved patio, gravelled areas and concrete hardstanding suitable for a garden shed.
Gated access leads to the allocated parking to the rear. The garden is fully enclosed by fencing.
Agents Note Prospective purchasers should be aware that there is a service charges of £18.15 payable per calendar month for the upkeep and maintenance of parking areas, unadopted roads and communal areas.
Services Mains water, electricity and drainage are connected. The property is served by an air source heat pump. Reference 03062025/29524064/atk
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 61a, Horseshoe Lane, Boston
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