2-bedroom terraced house · PE11 2YN
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A property with potential, in a really convenient part of Spalding. If you’re looking for a project you can make your own, Regent Street is one to consider.
In need of modernisation throughout, this two bedroom end of terrace offers the perfect opportunity for someone with vision, whether that’s a first time buyer wanting to create their own home, an investor looking for their next project or someone looking for a property to flip.
Entering through the front door, the living room sits to the front of the house, with the separate dining room behind.
The kitchen sits towards the rear, leading through to a useful conservatory and then into the downstairs shower room and separate WC.
Upstairs are two good sized bedrooms, with the rear bedroom enjoying a lovely open outlook over the school playing field, along with the family bathroom.
Outside, the enclosed rear garden is a real selling point.
It backs directly onto the school playing field, meaning you aren’t overlooked by neighbouring houses to the rear and you have an open outlook that you won’t necessarily find with a typical terrace.
The field also provides some reassurance that you won’t suddenly have another row of houses built directly behind you. There is a shed for additional storage. The location is equally practical.
Regent Street is a quiet residential road with little major passing traffic, whilst the town centre, Aldi and local schools are all within easy reach.
Spalding itself offers a good range of everyday amenities, riverside walks and local attractions, with the railway station also providing connections towards Peterborough and Sleaford.
With around 919 sq ft of accommodation, two bedrooms, two bathrooms, a conservatory and that open rear outlook, there is plenty here to work with.
It needs updating, but that’s where the opportunity lies
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
.png)
FAQ
About 29, Regent Street, Spalding
Explore nearby