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See how verdicts work3-bedroom detached house · PE22 9JH
Listing removedListed 290 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION FOR £119,500 A detached three bedroom house in need of major renovation works situated in a rural location set in 0.23 of an acre (stms) This three bedroom house is located in a very rural location and is in need of major renovation throughout.
The accommodation offers three reception rooms, conservatory, kitchen, w.c. with three bedrooms and a bathroom on the first floor.
Old Leake is located north of Boston and offers a local Co-op store and a school with further facilities found at Boston.
Ground floor Hall, lounge, dining room, kitchen, study/office, conservatory, boiler room and a w.c. First Floor Landing, three bedrooms and a bathroom.
Outside Gardens of 0.23 of an acre (stms) Council Tax Band D Tenure: Freehold EPC Rating: F Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 White Horse House, Sea Lane, Old Leake, Boston PE22 9JH
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