3-bedroom detached house · PE23 5GB
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
45 Lady Jane Franklin Drive is a link-detached, three-bedroom family home; laid out with a large dining kitchen, lounge and conservatory to the ground floor.
Complete with driveway and garage parking and a child and pet friendly rear garden, the property will suit a range of potential purchasers.
The property is located within walking distance for most of the schools, shops, supermarkets and doctors surgery Spilsby has to offer.
This market town has public transport links to the larger towns of Horncastle, Boston and Skegness; plus the city of Lincoln.
Hallway - With uPVC double glazed obscured windows to front and side, flanking door.
Light to ceiling, wood effect flooring, wood door to cloakroom and lounge; carpeted stairs and open to dining kitchen.
Living Room - 17'8" x 8'7" - Having uPVC double glazed window to front, lights to ceiling. Electric fire to polished stone style surround, carpet, radiator, tv point, multiple power points.
uPVC double glazed French doors to conservatory. Conservatory - 11'3" x 8'2" - With uPVC double glazed windows to side and rear, French doors to rear. Ceiling fan and light, radiator.
Dining Kitchen - 17'8" x 7'4" - With uPVC double glazed windows to front and rear, lights to ceiling. Excellent range of modern units to base and wall levels plus full height cupboards.
Zanussi oven and grill, four ring hob, sink and drainer to square edge worktop. Wood effect flooring, radiator, multiple power points.
Utility - 5'0" x 5'11" - With uPVC double glazed obscured door to rear, light to ceiling. Storage units to base and wall levels, space and connections for under counter washing machine and dryer.
Wood effect flooring, radiator. Cloakroom - 3'10" x 4'2" - With light to ceiling, low level wc, pedestal sink, wood effect flooring, radiator.
Bedroom 1 - 10'2" x 8'11" - With uPVC double glazed window to front, light to ceiling. Radiator, carpet, multiple power points. Wood door to built in storage space.
Bedroom 3 - 8'0" x 7'0" - Having uPVC glazed window to rear, light to ceiling. Carpet, radiator, multiple power points.
Bathroom - 7'1" x 5'6" - With uPVC double glazed obscured window to rear, light to ceiling.
Low level wc, hand wash basin to storage unit, shower cubicle with board surround and monsoon and regular heads over. Radiator.
Bedroom 2 - 9'4" x 10'10" - Having uPVC double glazed window to front, light to ceiling. Radiator, carpet, multiple power points. Wood doors to over stairs storage space.
Outside - The property is approached up a tarmac driveway to the front, providing off road parking and leading to the garage.
The front garden is set to low-maintenance hard standing, with symmetrical gravelled beds; small shrubs and a pair of classic ‘streetlight’ style feature lights flanking the front door.
The rear garden is a child and pet friendly, secure space; being contained by panel fencing.
With lawned space, gravelled and patio seating areas, the garden is complete with mature borders and personnel door access to the rear of the garage.
Garage - 16'6" x 8'6" - With up and over door to front, light to ceiling, door to rear. Multiple power points.
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
About 45 Lady Jane Franklin Drive, Spilsby
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