3-bedroom semi-detached house · PE11 4FG
Listing removedListed 258 days
Opportunity summary
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About
Belvoir incorporating Munton and Russell are pleased to offer for sale this ideal opportunity to get on to the property ladder, offered for sale with a 40% shared ownership basis.
The property is situated in the village of Quadring, local amenities are within easy reach and access to local schooling and a short drive from the Market Town of Spalding.
The accommodation in brief comprises of entrance hall, cloakroom, kitchen/diner, lounge. First floor landing, three bedrooms and family bathroom.
Externally ample off road parking, enclosed rear garden. EPC rating: B.
Tenure: Leasehold, ENTRANCE Sealed unit double glazed door with storm porch over, stairs to first floor landing, under stairs storage cupboard, radiator.
CLOAKROOM Two piece suite comprising of WC, wash hand basin, heated towel rail, extractor.
KITCHEN/DINER 14'10" x 9'8" (4.52m x 2.95m) UPVC double glazed window to the front elevation, range of fitted base and wall units, built in oven hob and hood, space for washing machine, wall mounted boiler, radiator.
LOUNGE 16'8" x 9'9" (5.08m x 2.97m) UPVC double glazed window and French doors to the rear elevation, radiator. FIRST FLOOR LANDING Two storage cupboards, access to loft space.
BEDROOM 1 10'10" x 9'11" (3.3m x 3.02m) UPVC double glazed window to the front elevation, radiator.
BEDROOM 2 13'11" x 8'1" (4.24m x 2.46m) UPVC double glazed window to the rear elevation, radiator.
BEDROOM 3 8'4" x 7'5" (2.54m x 2.26m) UPVC double glazed window to the rear elevation, radiator.
BATHROOM UPVC double glazed window to the front elevation, three piece suite comprising of WC, wash hand basin, panelled bath with shower screen, mixer shower, heated towel rail, extractor.
EXTERNALLY FRONT: Open plan, driveway providing off road parking. REAR: Enclosed by fencing, laid to lawn, raised flower bed.
AGENTS NOTE Shared Ownership - The property is for sale under a Shared Ownership scheme with Platform Housing Group. This is for sale as a 40% share.
All buyers would need to complete a Platform application and be assessed on affordability before a sale can be agreed. The remaining 60% is then on a reduced rent.
There is a monthly service charge included in the rental figure that covers building insurance and upkeep to communal areas.
The property is leasehold with 987 years remaining, we have been informed that the current rent on the remaining 60% is £432.12 per month.
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.
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FAQ
About St Anthony Close, Quadring, PE11
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