2-bedroom flat · PE21 9EU
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented first floor apartment situated in a popular residential location, conveniently close to Boston town centre and Central Park.
Recently redecorated, the accommodation comprises an entrance hall, lounge, kitchen, two bedrooms and bathroom.
Outside, the property benefits from a low-maintenance enclosed rear garden, driveway providing off-road parking and a garage.
Further advantages include gas central heating and double glazing, making this an ideal first-time buy or investment opportunity.
No chain EPC Rating: C Accommodation External staircase rising to the part glazed entrance door through to the: Entrance Hall Having storage heater, built-in double storage cupboard and access to roof space.
Lounge (4.90m x 4.11m) (max) Having two windows to front elevation and two radiators.
Kitchen (3.09m x 2.66m) Having window to front elevation, radiator, tile effect flooring and cupboard housing gas fired boiler providing for both domestic hot water & heating.
Fitted with a range of base & wall units with work surfaces & tiled splashbacks comprising: Stainless steel sink with drainer inset to work surface, cupboards, space & plumbing for automatic washing machine under.
Work surface return with inset electric hob, integrated electric oven, cupboard & drawers under, cupboards & extractor over.
Bedroom One (4.11m x 3.31m) Having window to rear elevation, radiator and built-in double cupboard. Bedroom Two (3.55m x 2.49m) Having window to rear elevation, radiator and built-in double cupboard.
Bathroom Having window to side elevation, radiator, tile effect flooring, storage cupboard with shelving, tiled splashbacks, panelled bath, close coupled WC and pedestal hand basin.
Exterior The property has a small garden area to the rear which is bark chipped for ease of maintenance.
There is also a small gravelled area to the rear of the garage and a storage area under the stairs. Garage Having up-and-over door and window to rear.
To the front of the garage there is a driveway which provides off-road parking. Services The property has mains gas, electricity, water and drainage connected.
Heating is via a gas fired boiler serving radiators and the property is double glazed. The current council tax is band A. Lease Details The property has a 999 year lease from 23rd Nov 1977.
There is a £150 per annum service charge and the ground rent is £10 per annum. Lifetime Legal We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Agent's Notes These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Garden Small low maintenance rear garden
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
Agent & docs
FAQ
About 40 Sheriff Way, Boston
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