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See how verdicts work3-bedroom bungalow · PE22 9NJ
Listing removedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever popular village of Old Leake, this deceptively spacious three bedroom chalet bungalow enjoys a pleasant position backing onto open grassland to the rear, offering a lovely outlook and a real sense of privacy.
Old Leake itself remains a highly sought after village thanks to its excellent range of amenities including schools, doctors surgery, Co-op supermarket, local shops and eateries, all within easy reach.
The property offers flexible and well proportioned accommodation throughout, briefly comprising an entrance hall, fitted kitchen, separate dining room and a generous lounge with feature fireplace creating a warm and welcoming main living space.
Also to the ground floor is Bedroom Three which is currently utilised as a study/additional sitting room, making it ideal for those working from home or buyers seeking versatile living accommodation.
A ground floor bathroom completes the downstairs layout, whilst to the first floor are two further spacious bedrooms together with a shower room.
Externally, the property is set back nicely from the road with a large and attractive frontage providing ample off road parking and access to the garage.
To the rear, the enclosed garden enjoys views over open grassland, creating a peaceful backdrop rarely found with properties of this style.
Further benefits include UPVC windows and doors together with oil fired central heating. A viewing is highly advised to fully appreciate both the space and setting on offer.
Entrance Porch Entrance Hall 5.55m x 1.79m - 18'3” x 5'10” Lounge 4.25m x 4.72m - 13'11” x 15'6” Dining Room 3.36m x 3.23m - 11'0” x 10'7” Kitchen 3.65m x 3.23m - 11'12” x 10'7” Bathroom 1.65m x 3.43m - 5'5” x 11'3” Study/Bedroom 3 2.74m x 3.32m - 8'12” x 10'11” First Floor Landing Bedroom 1 3.35m x 4.06m - 10'12” x 13'4” Bedroom 2 3.5m x 3.43m - 11'6” x 11'3” Shower Room Eaves 1.6m x 7.52m - 5'3” x 24'8” Outside Garage 5.6m x 2.93m - 18'4” x 9'7”
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 44, School Lane, Boston
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