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See how verdicts work4-bedroom house · PE23 5BD
For saleReduced £15k (−3.5%) on 23 OctListed 739 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott and Crone are delighted to market The Cottage', a spacious detached property set within close proximity to the famous Lincolnshire Wolds and occupying a generous private plot with beautiful countryside views.
Having undergone full renovation to the ground floor within recent months with stylish fittings this property also has the added benefit of a large detached garage with electric door and a detached two Bedroom self-contained potential annexe which is currently being used as a treatment room.
Externally the property is located on a quiet semi-rural road and a large driveway provides ample off road parking.
Leading through a gated entrance the driveway continues towards the detached garage and to the rear of the property where a large lawned garden can be found with a seating area.
The detached potential annexe/treatment room is also found to the rear and has accommodation comprising, Lounge, Two Bedrooms, Kitchen Diner and a Shower Room.
The property itself offers light and airy spacious accommodation briefly comprising, Entrance Hall With Wood-Burning Stove, Lounge, Dining Room, Garden Room, Fitted Kitchen and Utility Room and a Shower Room to the ground floor.
To the first floor there are three Double Bedrooms and the Family Bathroom. There is also a further Storage Room/Small Office.
A viewing of this property is highly advised to appreciate the fantastic position, beautiful countryside views and quality of accommodation that is on offer.
Entrance Hall 3.83m x 2.16m - 12'7” x 7'1” Kitchen 4.45m x 2.39m - 14'7” x 7'10” Utility 1.65m x 2.63m - 5'5” x 8'8” Lounge 4.74m x 3.97m - 15'7” x 13'0” Dining Room 3.33m x 3.9m - 10'11” x 12'10” Garden Room 1.7m x 5.08m - 5'7” x 16'8” Shower Room 2.32m x 1.3m - 7'7” x 4'3” First Floor Bedroom 1 4.68m x 3.89m - 15'4” x 12'9” Bedroom 2 3.35m x 3.9m - 10'12” x 12'10” Bedroom 3 4.46m x 2.54m - 14'8” x 8'4” Bathroom 2.39m x 2.15m - 7'10” x 7'1” Annexe Bedroom 2.13m x 3.34m - 6'12” x 10'11” Bedroom 2.03m x 3.32m - 6'8” x 10'11” Kitchen/Dining Room 2.13m x 4.33m - 6'12” x 14'2” Lounge 3.83m x 2.55m - 12'7” x 8'4” Shower Room 2.55m x 1.55m - 8'4” x 5'1”
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About The Cottage, 34 Halton Fenside, Spilsby
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