3-bedroom house · PE12 9LQ
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Cottage Ready for Its Next Chapter Every home has a story, and 2 Ivy Cottages is ready for its next one.
If you've been searching for a property where your ideas can take centre stage, this could be exactly what you've been waiting for.
Requiring modernisation throughout, including a new kitchen, bathroom, flooring and full redecoration, this is a genuine opportunity to create a home tailored to your own style rather than paying for someone else's choices.
The ground floor offers a lounge, separate dining room and kitchen, providing plenty of living space for family life.
Upstairs you'll find three bedrooms together with the family bathroom, making it an ideal layout for growing families.
Outside, the generous garden provides room for children to play, keen gardeners to get creative or simply somewhere to enjoy the countryside surroundings.
A traditional brick-built outbuilding offers excellent storage potential, while the ample off-road parking is a real practical bonus.
Situated in the peaceful village of Lutton Gowts, you'll enjoy a quieter pace of life whilst remaining within easy reach of Long Sutton, Holbeach and the surrounding towns for everyday amenities.
This isn't a property that's already finished. It's a property full of possibilities. NestFlex Says... Some houses ask you to compromise. This one asks you to imagine.
If you're not afraid of a bit of hard work, you'll be rewarded with the chance to create a home that reflects your own taste and lifestyle.
Decent room sizes and layout, a generous garden, plenty of parking and a lovely village setting provide all the ingredients. Bring your vision, your paintbrush and your ideas...
This cottage is waiting for its next chapter. Properties with genuine potential in village locations are always popular.
If you're looking for a project that could become a fantastic family home, we'd love to show you around. Contact NestFlex today to arrange your viewing.
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
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FAQ
About 2, Spalding
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