2-bedroom terraced house · PE11 2UL
For saleListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**TENANTS IN-SITU **Belvoir incorporating Munton and Russsel are pleased to offer for sale this well presented two bedroom end terrace property.
Situated with easy access to the town centre and the amenities thereof. The accommodation in brief comprises of, entrance hall, cloakroom, fitted kitchen, lounge.
To the first floor, two bedrooms, bathroom. Externally enclosed rear garden, allocated parking space. The property will be sold with tenants in-situ the current rent is £795 pm. EPC rating: B.
Tenure: Freehold, ENTRANCE Sealed unit double glazed door, stairs to first floor landing, radiator. WC Two piece suite comprising of WC, wash hand basin, radiator, extractor.
KITCHEN 11'1" x 6'6" (3.38m x 1.98m) UPVC double glazed window to the front elevation, range of fitted base and wall units, built in oven hob and hood, plumbing for washing machine, space for fridge freezer, radiator, wall mounted boiler.
LOUNGE 14'5" x 13'3" (4.39m x 4.04m) UPVC doors and side panels to the rear elevation, radiator. (L-shaped maximum measurements) LANDING Access to loft space.
BEDROOM 1 13'1" x 10'3" (3.99m x 3.12m) UPVC double glazed window to the rear elevation, radiator, storage cupboard.
BEDROOM 2 9'7" x 9'1" (2.92m x 2.77m) Two UPVC double glazed windows to the front elevation, two radiators.
BATHROOM Three piece suite comprising of WC, wash hand basin, panelled bath with shower and screen over, heated towel rail, extractor.
EXTERNALLY FRONT: Open plan to front, allocated parking space. REAR: Enclosed by fencing, gated rear access, standing for storage shed.
AGENTS NOTE The property will be sold with tenants in-situ, tenants are currently paying £795.00 pm.
Value & comps
No previous sales on record.
Returns
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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 Highgrove Court, Spalding, PE11
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