2-bedroom flat · PE11 1FA
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the town centre of Spalding we are delighted to offer for rent this top floor two bedroom flat.
The property benefits from a kitchen with a built in oven and hob, fridge freezer and dishwasher and comes with electric heating and an off road parking space.
The property is connected to the mains drainage and is strictly non smoking.
The accommodation comprises of: Entrance hall with staircase leading to landing area Open plan lounge/kitchen and dining area.
Lounge area 3.51m x 6.60m and kitchen/dining area 3.93m x 7.35m Bedroom one 3.90m x 4.53m En-suite shower room 1.77m x 2.29m Bedroom two 3.53m x 5.80m Shower room 2.54m x 2.56m Please note that all measurements are approximate
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Foundry Lane, Spalding
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