We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PE11 1QZ
Listing removedListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive two double bedroom Victorian Cottage which is beautifully presented throughout and provides well proportioned accommodation across two floor and courtyard gardens.
Features of note include re fitted kitchen and a large four piece bathroom area.
The property is situated within the popular market town of Spalding providing walking distance to the town centre and close proximity to schools and amenities.
The renovated kitchen dining area provides vaulted ceilings and integrated appliances with a dining space to the rear.
The first floor comprises of two double bedrooms and a large bathroom area with a deluxe jacuzzi double bath and separate shower unit.
Entrance Hall Access to ground floor rooms, stairs to first floor Living Room (3.73 x 3.48 (12'2" x 11'5")) Double glazed window to front aspect, fireplace with surround, ceiling light and understairs storage cupboard.
Vinyl wood effect laminate flooring Dining Room (3.71 3.20 (12'2" 10'5")) Double glazed window to the front and side aspect of the property, feature fireplace.
Luxury vinyl wood effect laminate flooring. Kitchen Dining Room (5.97 x 3.20 (19'7" x 10'5")) Double glazed window to the side aspect, UPVC double glazed door leading to the secluded courtyard.
Tiled flooring with quarts worktop with gas hob and integrated cda oven, eye and base level units with a breakfast bar in the dining area.
First Floor Landing Bedroom (3.71 x 2.87 (12'2" x 9'4")) Double glazed window to the front aspect, fireplace feature, radiator, built in wardrobes and above stairs storage cupboard, sockets and carpet flooring.
Bedroom (3.51 x 2.77 (11'6" x 9'1")) Double glazed window to the front aspect, radiator, above stairs storage cupboard, carpet flooring, built in wardrobe with shelving.
Bathroom Double glazed windows to the side and rear aspect, double unit jacuzzi bathtub with mixer tap and shower attachment with wooden flooring.
Gardens Courtyard gardens with sheltered seating area and gated side access
Value & comps
No previous sales on record.
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 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 144, Park Road, Spalding
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