3-bedroom detached house · PE23 4AG
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantial Detached 3/4 Bedroom Home set in in Approx.
3.5 Acres Excellent Renovation Opportunity with Scope for Modernisation Useful Range of Barns and Outbuildings Potential for Smallholding or Equestrian Use Open Views to Either Side No Upward Chain Substantial Detached 3/4 Bedroom Home set in in Approx.
3.5 Acres Excellent Renovation Opportunity with Scope for Modernisation Useful Range of Barns and Outbuildings Potential for Smallholding or Equestrian Use Open Views to Either Side No Upward Chain A detached three/four bedroom period home, understood to date back to the mid-1800s with later additions, occupying a generous plot of approximately 3.5 acres including mature gardens, a rear grazing paddock and a range of useful outbuildings.
Now requiring renovation and modernisation throughout, the property offers an excellent opportunity for buyers seeking a project with significant scope to create a characterful family home, smallholding or equestrian property, subject to any necessary consents.
The accommodation benefits from partial double glazing and is offered for sale with no upward chain.
The site enjoys open field views to two sides and provides extensive parking, established outside space and versatile buildings suitable for storage, livestock, hobbies or other ancillary uses.
Keal Cotes is a village on the A16 trunk road. There are several public houses in the immediate vicinity, the nearest being The Coach House which is located in the village.
The services and amenities of Spilsby are close by, with the larger towns of Horncastle, Boston and Skegness within easy access via car.
The property is well placed in the heart of Lincolnshire, being on the periphery of the Wolds.
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
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FAQ
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