3-bedroom house · PE11 1HQ
For saleListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bradley James welcomes you to Winsover Road in the charming town of Spalding. This delightful detached bungalow located on a back plot, offers a perfect blend of space, comfort, and convenience.
Spanning an impressive 1,361 square feet, this deceptively spacious home features three generous double bedrooms and an en-suite, making it ideal for families or those seeking extra room for guests.
Upon entering, you are welcomed by a spacious entrance hall that provides access to a variety of living spaces.
The generous lounge is perfect for relaxation, while the kitchen diner serves as the heart of the home, ideal for family gatherings and entertaining.
Adjacent to the kitchen, you will find a formal dining room or snug, along with a bright conservatory that invites the outdoors in.
The bungalow boasts two well-appointed bathrooms, including an en-suite for the master bedroom, ensuring comfort and privacy for all residents.
The two additional double bedrooms share a recently re-fitted bathroom suite, adding to the home's modern appeal.
Outside, the vendor has advised the bungalow has right of access over and along the shared roadway leading to the property, there are no set maintenance fees, but should be mindful that you will have shared liabilities.
The property is set on a substantial plot that offers ample off-road parking for up to eight vehicles, making it perfect for families with multiple cars or those with caravans and motorhomes.
The single garage provides additional storage or workshop space.
Tucked away from the main road, this home enjoys a sense of privacy while still being within walking distance to Spalding town centre, where you can find a variety of amenities including Sainsbury's, Aldi, Lidl, restaurants, a butcher, and a local Spar shop.
There is a train station and bus station in Spalding town centre. Springfields garden and outlet centre is a 5 minute drive away. The property had a claim on insurance for a fire in the bathroom.
Entrance Hall (6.10m (20'0)) Wooden obscured single glazed door into the entrance hall, has a built-in coat cupboard, airing cupboard with wall mounted gas boiler, radiator, power points, telephone points and loft hatch.
Lounge (6.10m x 3.86m (20'0 x 12'8)) Double aspect with UPVC double glazed window to the front and side, radiator, power points, gas fireplace, TV point and wall lights.
Kitchen Diner (4.67m x 4.57m x 3.07m (15'4 x 15'0 x 10'1)) UPVC double glazed window to the side going into the conservatory, wooden obscured single glazed door going onto the conservatory, base and eye level units with work surface over, sink and drainer with mixer taps over, integrated electric oven and grill, electric hob with extractor over, space and plumbing for washing machine, space and point for fridge, tiled splashback, tiled floor, fuse box, skimmed and coved ceiling with inset spotlights and a door leading through to the dining room.
Dining Room (3.53m x 3.07m (11'7 x 10'1)) UPVC double glazed window to the front, radiator and power points.
Bedroom 1 (4.37m x 3.07m (14'4 x 10'1)) UPVC double glazed window to the rear, radiator, power points, skimmed and coved ceiling, TV points and door to the en-suite bathroom.
Bedroom 1 En-Suite Bathroom UPVC obscured double glazed window to the side, WC, panel bath with mixer taps, pedestal wash hand basin with mixer tap over, wall mounted heated towel, half height tiled walls and tiled floor.
Bedroom 2 (4.11m x 3.12m (13'6 x 10'3)) UPVC double glazed window to the rear, radiator, power points and built-in wardrobes.
Bedroom 3 (4.11m x 3.12m (13'6 x 10'3)) UPVC double glazed window to the front and side, radiator and power points.
Shower Room UPVC obscured double glazed window to the rear, vanity wash hand basin with mixer taps over, WC with push button flush with storage cupboards and drawers beneath and worksurface over, double shower cubicle with a Aqualisa built-in mixer shower, wall mounted heated towel rail, half height tiled walls, tiled floor and extractor fan.
Conservatory (3.99m x 1.60m (13'1 x 5'3)) Brick and UPVC construction with UPVC double glazed door to the side, power points and tiled floor. Outside The property is accessed via a private drive.
The property is on a back plot away from the road, there's a gravel driveway for off-road parking for four cars which opens up to block paved off-road parking for another four cars or a caravan or motorhome There is a front garden and rear garden which are enclosed by fencing.
The rear is enclosed by panel fencing and is predominantly laid to lawn, the rest is a vegetable patch, greenhouse, shed and a single garage.
Single Garage (5.08m x 2.74m (16'8 x 9'0)) Metal up and over door, power and lighting connected, fuse box and a wooden window to the side.
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.
Area
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FAQ
About Millgate Lodge, Winsover Road, Spalding
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