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See how verdicts work6-bedroom house · PE23 4AG
For saleListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robert Bell & Company are delighted to offer to the market a lifestyle opportunity; with versatile, well maintained internal and external spaces suiting a range of potential uses: including multi generational living.
The Chestnuts comprises a charming four bedroom family home with two large reception rooms alongside dining and kitchen spaces; plus self-contained two bedroom annex (one bedroom with dressing room and en suite) offering living and dining-kitchen spaces, alongside formal gardens, a manège with stable block and further grassed paddock.
In total, the plot extends across 1.2 acres (sts), with the principal residence being over 1600 sq ft and the annex measuring above 700 sq ft.
The property occupies a village-edge position with two road accesses into the A16, leading to the market towns of Spilsby and (larger) Boston – four and 13 miles drive respectively, while the beautiful East Coast is 15 or so miles away.
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 Chestnuts, Main Road, Keal Cotes, Spilsby
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