1-bedroom flat · PE11 2DJ
Let agreedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no deposit option available for tenants, greater protection for landlords!** Leaders are pleased to offer to let this well presented one bedroom first floor apartment, situated close to the town centre which briefly comprises of an entrance hall, open plan living and kitchen area, double bedroom, bathroom and allocated parking.
**great news! Leaders no deposit option is available on this property!
Call now to find out more!** Comprising: Entrance Hall Open Plan Kitchen & Living Room: Neutral decor, carpeted to the living area, laminte flooring to the kitchen.
Range of base and wall units to the kitchen, integrated ovwn, hob & extractor hood, space for appliances.
Bedroom: Double room, neutral decor, carpeted, built in wardrobe Bathroom: Three piece suite with shower over the bath Parking: Allocated EPC Rating: C.
Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £807.69. A holding deposit of £161.53 based on the advertised rent is required to reserve this property.
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
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FAQ
About 13, Welland Road, Spalding
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