3-bedroom terraced house · PE11 3SZ
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this three bedroom property located on Farmhouse Drive in the picturesque village of Deeping St Nicholas, Spalding.
This property offers excellent connectivity to both Market Deeping and Spalding. The home is being sold with a tenant in situ, presenting an opportunity for investors with a nearly 7% yield.
Upon entering, you are greeted by a welcoming entrance hall that leads to a well-appointed kitchen.
The spacious living and dining area is designed for comfort and relaxation, featuring doors that open to the rear garden.
Upstairs, there is three generously sized bedrooms, with two benefitting from built-in wardrobes. The family bathroom completes the accommodation.
Externally, the property boasts off road parking in front of a single garage.
"Fantastic investment opportunity in Deeping St Nicholas." Living / Dining - 14'7" x 12'8" - Kitchen - 9'10" x 6'5" - Wc - 5'3" x 2'10" - Bedroom - 8'3" x 9'7" - Bedroom 2 - 8'4" x 10'8" - Bedroom 3 - 12'7" x 12'11" - Bathroom - 7'10" x 6'5" -
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
Agent & docs
FAQ
About Farmhouse Drive, Deeping St Nicholas, Spalding
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