3-bedroom detached house · PE11 1NL
To rentListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Three-Bedroom Home in Pennygate, Spalding Situated in the popular Pennygate area of Spalding, this charming three-bedroom home offers comfortable and versatile accommodation, making it an ideal choice for families, couples or those looking for additional space.
The property benefits from two reception rooms, providing plenty of flexibility for everyday living, dining, entertaining or even creating a dedicated home office or playroom.
The three well-proportioned bedrooms offer comfortable living space, while the two bathrooms provide added convenience for busy households.
Located within easy reach of Spalding town centre, residents can enjoy convenient access to a range of local shops, supermarkets, schools, restaurants and other amenities.
The area also provides good access to local transport links, making this a practical location for commuters and families alike.
With its generous living accommodation, three bedrooms and convenient location, this property offers a great opportunity for those looking to make a home in Spalding.
Please note: The property does not have allocated parking. On-street parking is available, subject to availability.
Early viewing is recommended to fully appreciate the space and location this property has to offer.
Entrance Hallway - 6.1m x 0.99m - A welcoming and warm entrance into this stunning family home, the floor tiling is excellent and suits the overall style of the property.
Lounge - 3.66m x 3.63m - A great space to the front of the property, with feature fireplace. Get the family together, light the fire and crack open the monopoly.
Dining Room - 3.68m x 3.61m - Completely refurbished, a warm dining room. Really good blank canvass you can make your own.
Kitchen - 7.32m x 2.95m - To the rear of the property this huge space is more than big enough to have a kitchen and dining table, with a large pantry to the rear, modern appliances and plenty of natural light through the vaulted ceiling with Velux windows.
Shower Room - 2.41m x 1.35m - An amazing use of space, not simply a downstairs toilet, which is an essential in today's modern family homes.
Also, this one has a shower which just takes all the pressure off the main family bathroom meaning this modern family home is incredibly stress free.
Bedroom 1 - 3.73m x 4.67m - Bedroom 2 - 2.77m x 3.76m - Bedroom 3 - 2.29m x 2.82m - Bathroom - 1.7m x 1.7m -
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.
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
FAQ
About Pennygate, Spalding
Explore nearby
