2-bedroom terraced house · PE12 9ED
To rentListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ENTRANCE PORCH Brick and glazed entrance porch, flat ceiling with light.
LOUNGE AREA 11' 06" x 9' 08" (3.51m x 2.95m) into recess Entrance door, double glazed window, textured and coved ceiling with light, radiator, tv point, cupboard housing fuse box.
DINING AREA 12' 06" x 11' 06" (3.81m x 3.51m) Textured and coved ceiling with light and smoke alarm, radiator, stairs leading off.
FIRST FLOOR Stairs and landing, textured ceiling with light and smoke alarm.
KITCHEN 8' 2" x 8' 1" (2.49m x 2.46m) Double glazed door and window to rear, textured ceiling with light, range of cupboards and drawers, worktop surface with tiled splashbacks, stainless steel round sink bowl unit with mixer tap, oven, hob and extractor fan, space and plumbing for washing machine, further kitchen cupboards in hallway area to kitchen.
BATHROOM 5' 08" x 5' 06" (1.73m x 1.68m) Textured ceiling with light, extractor fan, bath with shower over and tiled splashbacks, pedestal wash hand basin, low level wc, towel radiator, vanity cabinet with mirror.
BEDROOM ONE 9' 07" x 7' 07" (2.92m x 2.31m) Double glazed window to front, textured and coved ceiling with light, radiator.
BEDROOM TWO 12' 03" x 8' 09" (3.73m x 2.67m) Double glazed window to rear, textured and coved ceiling with light, loft access, radiator, airing cupboard housing gas fired boiler with shelves.
OUTSIDE Brick wall frontage with handgate, pathway to front entrance door with gravel borders and shrubs.
Enclosed rear garden with patio, gravel area and with paving and shrub border, power and light, outside tap, garden shed. SERVICES Mains water, electricity, gas and drainage.
Radiator central heating and hot water via gas fired boiler.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 London Road, Spalding
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