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See how verdicts work2-bedroom house · PE22 9RH
For saleReduced £20.1k (−9.1%) on 26 AugListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within a secluded rural setting with open views from all aspects and no near neighbours, this detached cottage with attached barn occupies a generous plot of approximately 0.44 acres (sts), presenting a rare opportunity for those seeking a renovation project with significant potential.
The existing accommodation includes a reception room, kitchen, pantry and ground floor bathroom, with two first floor bedrooms, while the attached barn and stores offer further scope for repurposing, subject to any necessary consents.
The property now requires full refurbishment throughout and is offered to cash buyers only.
Externally, the size and nature of the plot are a particular feature, with the cottage set within established grounds enjoying a high degree of privacy and far-reaching open views.
The attached barn adds to the versatility of the offering, while the overall site may also present potential for a building plot, subject to planning permission.
Full planning permission was granted by Boston Borough Council in 2020 for conversion, although this has now expired.
Details of the expired consent can be found on the planning portal under reference B/20/0267.
A unique opportunity to acquire a detached cottage and barn in a highly desirable rural position, offering excellent scope for restoration, redevelopment or alternative use, subject to the necessary approvals.
Agents Note:- Full planning permission was granted by Boston Borough Council in 2020 under reference B/20/0267 for conversion works, however this consent has now expired.
Interested parties are advised to make their own enquiries in relation to any future planning potential. The CGI elevations used within the marketing are taken from the expired planning application.
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 Ash Tree Barn, Common Lane, Boston
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