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See how verdicts work5-bedroom bungalow · PE23 4AY
For saleListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Meadows is a beautiful five-bedroom dormer bungalow, enjoying varied grounds and generous outbuildings set to a plot approaching a third of an acre (sts).
Boasting modern, stylish decoration throughout, the property is excellently presented, with a stunning West-facing lounge complemented by a versatile dining / snug space open to the kitchen, to the rear (East) aspect, stepping out to the covered rear patio.
With the master bedroom and family bathroom, with slipper bath set before the window, also enjoying sight of the rear garden, the property provides four further bedrooms, and to the first floor a flexible sun room / guest bedroom with balcony seating and shower room.
Lawned gardens to the front and rear are set with a range of mature trees and flowers; the former also boasting a beautiful water feature with rockery.
A vegetable garden sits before the brick outbuilding, with power; situated behind further storage space and the large double garage with workshop, wash house and gardeners' w/c.
The property is approached to the front through a wide driveway entrance and provides ample off road parking for multiple vehicles, including a motor home.
SEPTEMBER 2025: Now benefitting from receipt of a Building Notice, for "alterations and conversion of an existing garage into habitable accommodation" - works to commence by 10.09.2028.
The property sits back from Fen Lane, in the popular Wolds-edge village of East Keal.
With a useful post office and convenience store stationed at the top of the Lane, the market town of Spilsby is two miles away and is home to a full range of services and amenities.
East Keal enjoys public transport links to Spilsby, and on to the coast, and City of Lincoln.
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 The Meadows, Fen Lane, East Keal
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