2-bedroom bungalow · PE14 7JT
For saleListed 109 days
Opportunity summary
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About
ACCOMMODATION Tiled step, external electric light, half glazed front door to: HALLWAY 13' 8" x 5' 2" (4.17m x 1.58m) Radiator, loft hatch, ceiling light.
LOUNGE 16' 11" x 12' 2" (5.17m x 3.73m) Dual aspect with UPVC windows to the front and side elevations, four wall lights, ceiling light, modern log burner.
BEDROOM 1 13' 4" x 10' 0" (4.07m x 3.06m) UPVC windows to the front and side elevations, recessed double wardrobe, radiator.
BEDROOM 2 13' 7" x 8' 0" (4.16m x 2.45m) Dual aspect with UPVC windows to the rear and side elevations, recessed double wardrobe, radiator.
MODERN FITTED KITCHEN 12' 3" x 11' 2" (3.75m x 3.42m) Wooden worktops, comprehensive range of shaker style units comprising base cupboards and drawers, eye level wall cupboards, intermediate wall tiling, single drainer stainless steel sink unit, UPVC window to the rear elevation, fitted cooker hood and cooker space, electric cooker point, integrated dishwasher, cupboard housing the Heatrae Sadia modern electric boiler (serving the central heating and domestic hot water systems).
Square arch to: BREAKFAST ROOM/UTILITY 8' 2" x 6' 7" (2.50m x 2.01m) Worktop, plumbing and space for washing machine, UPVC window with roller blind, radiator.
MODERN BATHROOM 6' 5" x 5' 4" (1.97m x 1.65m) Four piece suite comprising walk in shower cabinet, panel bath with side mounted mixer tap, wash hand basin with vanity, low level WC, heated towel rail, obscure glazed window to the rear elevation, half tiled walls, tiled floor.
EXTERIOR The property occupies and generous sized plot with gated access to a large gravelled driveway with turning bay with multiple parking and access to: ATTACHED GARAGE 19' 5" x 10' 2" (5.93m x 3.12m) 'Crocodile' electric roller shutter door, concrete floor, power and lighting, rear window and personnel door: WORKSHOP 31' 2" x 19' 4" (9.5m x 5.9m) Timber construction with power and lighting, double side entrance door and single entrance door.
ESTABLISHED GARDENS Including extensive lawns, patio, shed, greenhouse etc. Hedgerow to the rear boundary and views of open farmland beyond.
DIRECTIONS Proceed in an easterly direction from Spalding to Holbeach carry along the A17 in the direction of King's Lynn and proceed to Sutton Bridge, crossing over the bridge then after a mile turn right into King John Bank.
The property is situated on the right hand side.
AMENITIES Sutton Bridge, Long Sutton and Wisbech are all within easy driving distance as are the larger towns of King's Lynn, Spalding, Boston and the City of Peterborough.
SERVICES Mains water and electricity. Electric central heating system. Private drainage.
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
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FAQ
About King John Bank, Walpole St Andrew
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