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See how verdicts work2-bedroom detached house · PE12 0EF
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Intro Detached Cottage with Large Store/Warehouse.
The property offers Two Double Bedrooms, Two Reception Rooms, Ground Floor Bathroom, Large First Floor Cloakroom, Detached Garage, good size Garden and Large Warehouse.
Huge Potential for Changes or running a business from home subject to appropriate consent! No Upward Chain. Viewing is essential! Entrance Double glazed entrance door leads into the Kitchen.
Kitchen - 3.09m x 2.69m (10'1" x 8'9") Stainless steel single drainer sink unit with a mixer tap over. Range of base units and drawers below. Preparation surface. Tiled splashback.
Matching wall units. Integrated electric oven and hob with extractor canopy over. Space and facilities for washing machine. Space for under counter fridge. Ceiling spotlights. Radiator.
Doors to Dining Room, Bathroom and walk-in Pantry. Double glazed window to side. Pantry - 1.7m x 0.91m (5'6" x 2'11") Floor standing boiler serving central heating. Shelving for storage.
Lino flooring. Bathroom - 2.79m x 2.07m (9'1" x 6'9") Three piece bathroom suite comprising a panel bath with a mixer tap and shower head over, wall mounted wash hand basin and WC. Tiled splashback.
Radiator. Heated towel rail. Wall mounted electric heater. Vanity light and shaver point. Double glazed obscured window to side. Extractor fan.
Dining Room - 3.91m x 2.54m (12'9" x 8'4") Double glazed window to side. Radiator. Door to Lounge. Built-in base units and drawers. Door with stairs leading off to the first floor. Ceiling spotlights.
Lounge - 3.91m x 3.59m (12'9" x 11'9") Double glazed window to front. Double glazed window to side. Radiator. Feature fireplace with exposed brick surround, tiled hearth and wooden mantle over.
Ceiling spotlights. Stairs and Landing Stairs lead onto the first floor landing with a loft access. Doors to both Bedrooms and Cloakroom. Electric radiator.
Bedroom One - 4.52m x 3.13m (14'9" x 10'3") Double glazed window to rear. Radiator. Bedroom Two - 3.99m x 3.39m (13'1" x 11'1") Double glazed window to front. Radiator. Fireplace.
Cloakroom - 2.88m x 2.21m (9'5" x 7'3") Wash handbasin set vanity unit with a tile splashback and WC. Door to airing cupboard housing water tank. Double glazed window to side. Radiator.
Outside The property is set back from the road with a hardstanding driveway to the front of the property and also to the side leading to the single garage at the rear.
The rear garden fully enclosed fencing mainly laid to lawn with some mature shrubs. Oil tank. Garage - 4.71m x 3.07m (15'5" x 10'0") Of brick construction with a pitched corrugated sheet metal roof.
Two timber doors to front. Window to rear. Warehouse/Store - 18.17m x 6.68m (59'7" x 21'10") Of brick construction. Hardstanding floor.
Property Note The warehouse is classed as commercial and subject to Business Rates. The ratable value is £3,100 per annum.
A declaration is made under the Estate Agents Act that the Vendor of the property is a relative of one of the Partners of Maxey Grounds.
Directions From our Wisbech office, turn right onto the B198 and at the roundabout take the first exit onto the A1101.
Proceed out of Wisbech for approximately 5.5 miles and then turn left signposted Tydd St Mary, continue through into Sutton St James.
The property can be located on the left hand side just before the Post Office/General Store and Butchers.
Agents' Note This Brochure and its contents / these details are a general outline for guidance only and, whilst prepared in good faith, do not constitute an offer or contract.
Maxey Grounds & Co llp, their Client(s) and any Joint Agent(s) accept no responsibility for any statement that may be made, and any statement should not be relied upon as a statement or representation of fact.
Neither they, nor anyone employed by them, are authorised to make or give any representations or warranties in relation to the property, either on their own behalf or on behalf of their Client(s) or otherwise.
All areas, measurements or distances are approximate. Floor plans and other plans are provided for illustrative purposes only and are not necessarily to scale.
All text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and no guarantee is given or implied for any apparatus, equipment, facilities or services being connected or in working order.
Interested parties should satisfy themselves on all matters prior to buying or leasing the property either by inspection or otherwise.
We would suggest you contact the office before travelling any distance to ensure the property is still available and that your impression of the property is as we intended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs
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FAQ
About 31 - 33, Chapelgate, Spalding
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