3-bedroom detached house · PE23 5HH
Sold STCListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market is this immaculately maintained and beautifully presented detached bungalow, tucked away in a quiet and sought-after position on the edge of a thriving market town.
The property enjoys stunning south-facing views to the rear, overlooking open countryside and providing a peaceful backdrop.
The town of Spilsby is well-regarded for its amenities and community feel, offering a range of local shops, services, and a regular bus service connecting to Lincoln, Skegness, and Boston.
The Lincolnshire coast is also within easy reach, approximately a 20-minute drive away, making this an ideal location for both convenience and countryside living.
SIDE ENTRANCE HALL With radiator, wall thermostat, door chimes, built-in shelved airing cupboard housing the pre-lagged hot water tank, access to the roof void.
LOUNGE 17' 8" x 14' 8" (5.38m x 4.47m) Having feature fire surround and hearth with fitted log-effect electric fire, radiator, centre and matching wall lights, TV and telephone points, uPVC sealed double glazed sliding patio doors leading to: CONSERVATORY 9' 2" x 9' 2" (2.79m x 2.79m) Being part-brick with uPVC sealed double glazed windows and double doors to the rear south-east facing garden enjoying some lovely rural views beyond.
Window and door blinds.
KITCHEN 15' 1" x 11' 3" (4.6m x 3.43m) Having stainless steel 1½ bowl single drainer sink unit with mixer taps and range of base cupboards and drawers under worktops with wall cupboard over with concealed lights on a sensor.
Built-in electric double oven and grill, four ring gas hob with extractor fan and light over, space and plumbing under worktops for washing machine, dishwasher and tumble dryer.
Space for a free-standing fridge and separate freezer, further fitted storage cupboards, part-tiled walls, side entrance door, radiator.
BEDROOM ONE 15' 2" x 11' 4" (4.62m x 3.45m) Having radiator, TV and telephone points.
EN-SUITE SHOWER ROOM 8' 0" x 4' 6" (2.44m x 1.37m) Having large walk-in shower cubicle with waterfall shower head, vanity hand basin with double cupboard under, low level WC.
Part-tiled walls, radiator. BEDROOM TWO 12' 7" x 10' 8" (3.84m x 3.25m) With radiator and TV point. BEDROOM THREE 10' 8" x 8' 8" (3.25m x 2.64m) At present used as a DINING ROOM, with radiator.
BATHROOM 8' 0" x 7' 6" (2.44m x 2.29m) (Max). Having panelled bath and shower mixer taps over, folding side screen, vanity hand basin with double cupboard under and low level WC.
Part-tiled walls, radiator and shaver light and point.
OUTSIDE - GARAGE 17' 9" x 9' 0" (5.41m x 2.74m) Having electric remote control up-and-over door, power and light connected, access to loft space and also housing the gas fired wall mounted boiler.
THE GARDENS The property is approached over a concrete driveway with turning area, lawn garden, flower and shrub beds.
The rear gardens, mainly south-facing, having a slabbed patio area and footpaths with steps down to a lawn garden, all set within well stocked and colourful rose, flower and shrub beds, together with apple trees.
Beyond are south-east facing rural views over adjoining countryside and farmland. The timber and felt GARDEN SHED is also included in the sale. Outside lights, cold water tap and power points.
OUTGOINGS - The property is situated within the East Lindsey District Council. Property Band C. POSSESSION - Vacant possession will be given on completion.
FIXTURES AND FITTINGS - All those detailed are included in the sale as are the fitted carpets, curtain poles and window blinds where fitted.
VIEWING - Strictly and only by prior appointment to be made through the Sole Selling Agent - Walters.
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 Boston Road, Spilsby
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