3-bedroom house · PE6 0AN
For saleListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** three/four bedrooms ** character property ** balcony ** close to town centre ** opportunity for A unique home Lapstone House is a charming and characterful property offering flexible and versatile accommodation arranged over four floors, presenting an exciting opportunity to create a truly unique home.
Ideally situated within easy reach of the town centre, the property combines period character with adaptable living space, making it suitable for a variety of lifestyles.
The accommodation includes a welcoming lounge, a fitted kitchen, a basement room with a range of potential uses, including as a spacious bathroom.
The property's flexible layout provides three/four bedrooms, with one room equally suited as an additional reception room, home office, or guest accommodation, allowing prospective purchasers to tailor the space to their individual requirements.
A particular feature of the property is the balcony, providing an attractive outdoor space to relax and enjoy the surroundings.
The dressing room further enhances the practicality and versatility of the accommodation.
Retaining much of its original character and offering scope for personalisation, Lapstone House presents a rare opportunity for buyers seeking something different from the ordinary.
Whether as a family home, a character residence close to local amenities, or a property with potential for creative redesign, this distinctive home is worthy of early inspection.
Accommodation in Brief basement – 3.41m x 3.27m (11'2" x 10'9") Ground floor Lounge – 4.03m x 3.56m (13'3" x 11'8") Kitchen – 3.58m x 2.47m (11'9" x 8'1") First floor Landing Bedroom/Reception Room – 4.05m x 3.58m (13'3" x 11'9") Bathroom – 3.69m x 1.66m (12'1" x 5'5") Second floor Landing Bedroom – 3.52m x 2.30m (11'7" x 7'7") Bedroom – 3.56m x 2.88m (11'8" x 9'5") Dressing Room Disclaimer These particulars are intended as a general guide only and do not form part of any offer or contract.
All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided in good faith but without responsibility and should not be relied upon as statements or representations of fact.
Prospective purchasers or tenants should satisfy themselves as to the accuracy of all information by inspection or other means.
Plans, photographs, and floor areas are provided for illustrative purposes only and may not be to scale.
Any reference to appliances, services, or systems does not imply that they are in working order or have been tested.
We have not carried out a structural survey, nor have we tested any services, equipment, or facilities. Accordingly, we cannot confirm that these are in working order or fit for purpose.
In accordance with current regulations, we may receive a commission or referral fee from third-party service providers, including but not limited to mortgage brokers, financial advisors, conveyancers, surveyors, and insurance providers, should you choose to use their services.
Details of any such arrangements are available upon request. All measurements are approximate. Purchasers are advised to verify all information independently before proceeding with a transaction.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Lapstone House, 2, Reform Street, Peterborough
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