3-bedroom house · PE10 2AG
Listing removedReduced £50 (−4.2%) on 11 AugListed 136 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Winkworth are pleased to offer this well-presented three-bedroom semi-detached home to let, located on a popular modern development.
The accommodation comprises an entrance hall, spacious lounge, modern kitchen/dining room with French doors opening onto the rear garden, and a downstairs cloakroom.
Upstairs, the master bedroom benefits from an en-suite shower room, alongside two further bedrooms and a family bathroom.
Further benefits include gas central heating, an enclosed rear garden with patio area, and a driveway providing off-road parking for two cars.
EPC Rating: B Utilities: Tenant responsible Council Tax Band: B Deposit: £288.00 Holding Deposit: £1,440.00 A holding deposit equivalent to one weeks rent will be required to hold the property whilst references are being carried out.
If the applicant provides false or misleading information, withdraws from the property, fails Right to Rent checks or fails to sign their tenancy agreement within 15 calendar days (or other deadline date mutually agreed in writing) the holding deposit can be retained.
In accordance with the Immigration Act 2014 and 2016 (Right to Rent legislation), all applicants must provide valid documentation confirming their right to rent in the UK.
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all prospective tenants will be required to provide satisfactory identification and proof of address prior to the commencement of a tenancy.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 31, Spa Chase, Lincolnshire
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