3-bedroom bungalow · PE12 9LP
For saleListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to 3 Railway Lane North - Situated within the popular town of Sutton Bridge and conveniently positioned for access to the town’s amenities, this spacious three double bedroom detached bungalow occupies a generous corner plot within a well-established development.
The property has been renovated by the current owners and now benefits from a newly fitted kitchen and modern bathroom facilities, creating a home ready for a purchaser to move straight into while still offering further potential to personalise if desired.
The well-proportioned accommodation comprises an entrance hall, comfortable living room, fitted kitchen, three double bedrooms and a shower/wet room.
Further benefits include UPVC double glazing and gas fired central heating.
Externally, the bungalow enjoys a substantial wrap-around plot with generous lawned gardens, ample driveway parking and a garage.
In addition, there is a large outbuilding currently utilised as a home gym, offering excellent versatility for a variety of uses including a workshop, studio or additional storage space.
Offering spacious single-level living both inside and out, early viewing is highly recommended to fully appreciate all this property has to offer.
Entrance Hall 10' 05" x 7' 8" (3.17m x 2.34m) Entrance door, tiled flooring, sliding doors to front garden, radiator Hallway 3' 04" x 8' 02" (1.02m x 2.49m) Tiled flooring, doors leading to Open Plan Kitchen/Lounge/Diner 20' 07" max x 17' 02" max (6.27m x 5.23m) Oak flooring, feature media wall, two windows to rear aspect, range of base and wall cabinets, worktops over, sink with Boiling Water tap, space for fridge/freezer, space and plumbing for washing machine, pantry cupboard, door leading to rear garden, radiators Bathroom 5' 03" x 6' 06" (1.60m x 1.98m) Tiled flooring, tiled surround, P shaped panelled bath with rainfall shower over and separate shower attachment, vanity unit with low level flush w/c and inset sink with storage, towel radiator , window to side aspect Bedroom 1 20' 07" max x 10' 05" max (6.27m x 3.17m) Tiled flooring, window to side aspect, patio doors leading to rear garden, radiator Bedroom 2 10' 02" x 11' 06" (3.10m x 3.51m) Carpeted, window to front aspect, radiator Bedroom 3 11' 07" x 9' 06" (3.53m x 2.90m) Carpeted, window to front aspect, radiator Garage 9' 06" x 15' 06" (2.90m x 4.72m) Up and over door, power and lighting Outbuilding 17' 09" x 7' 09" (5.41m x 2.36m) Power and lighting, windows to front and side aspect External The property is approached via a shingle driveway providing ample of road parking.
The front part of the wrap around garden is fenced, private and laid to lawn. The side garden is laid to patio and provides space for a greenhouse.
The rear part of the garden is laid to lawn with a large patio area perfect for evenings. Council Tax - B EPC - D
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
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FAQ
About 3, Railway Lane North, Sutton Bridge, Spalding, PE12
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