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See how verdicts work5-bedroom bungalow · PE12 0TN
For saleReduced £25k (−3%) on 26 OctListed 588 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming locale of Broadgate, Whaplode Drove, Spalding, this exceptional equestrian property presents a unique opportunity for those seeking a luxurious lifestyle combined with equestrian facilities.
The estate comprises two bespoke detached dwellings, including a stunning luxury home and a beautifully presented bungalow, all set on a generous plot of approximately two acres.
The principal residence boasts an impressive entrance hall that leads to an open-plan kitchen and dining area, seamlessly connecting to a family room adorned with a vaulted ceiling and a feature fireplace, creating a warm and inviting atmosphere.
The property features three spacious bedrooms, each with its own luxurious en-suite bathroom.
The master suite is particularly noteworthy, featuring two built-in wardrobes, a Juliet balcony, and a sumptuous en-suite with his and hers wash hand basins and a free-standing slipper bath.
Additional conveniences include a separate utility room, a boiler room, and a modern cloakroom, along with one and a half integral garages equipped with electric roller doors.
The exterior of the property is equally impressive, offering ample off-road parking x8 and a driveway leading to a block-built stable block with four stables and a tack room, all with light, power, and water connected.
An all-weather arena and two enclosed paddocks enhance the equestrian appeal of this estate.
Adjacent to the main house, the detached bungalow features a welcoming entrance hall, a lovely living area that flows into a modern kitchen, two double bedrooms, and a contemporary wet room.
The bungalow benefits from bespoke electric heating and offers enclosed rear and side gardens with stunning views of the paddocks and stables.
Additional features include oil-fired central heating for the main house, a bespoke sewage treatment plant, and six solar panels owned outright on the barns.
This property is a rare find, and early viewing is highly recommended to fully appreciate.
Entrance Hall - 2.52 x 4.68 (8'3" x 15'4") - Kitchen - 4.23 x 8.17 (13'10" x 26'9") - Dining Room - 3.55 x 3.30 (11'7" x 10'9") - Living Room - 5.25 x 4.20 (17'2" x 13'9") - Hallway - 3.42 x 1.71 (11'2" x 5'7") - Bathroom - 1.91 x 1.71 (6'3" x 5'7") - Laundry Room - 1.93 x 2.40 (6'3" x 7'10") - Utility Room - 1.36 x 2.39 (4'5" x 7'10") - Landing - 2.54 x 4.71 (8'3" x 15'5") - Bedroom - 1.28 x 3.39 (4'2" x 11'1") - Master Bedroom - 5.50 x 3.73 (18'0" x 12'2") - En-Suite To Master Bedroom - 2.33 x 2.53 (7'7" x 8'3") - Bath - 1.71 x 2.51 (5'7" x 8'2") - Bedroom Two - 6.93 x 3.33 (22'8" x 10'11") - En-Suite To Bedroom Two - 2.59 x 1.22 (8'5" x 4'0") - Bedroom Three - 3.57 x 3.47 (11'8" x 11'4") - En-Suite To Bedroom Three - 3.57 x 3.47 (11'8" x 11'4") - Bungalow - Entrance Hall - 1.37 x 4.84 (4'5" x 15'10") - Kitchen/Living Area - 4.60 x 8.38 (15'1" x 27'5") - Bathroom - 2.26 x 1.78 (7'4" x 5'10") - Living Room - 2.89 x 3.35 (9'5" x 10'11") - Master Bedroom - 2.91 x 3.32 (9'6" x 10'10") - Epc - B - 85/86 Tenure - Freehold - Important Legal Information - Construction: Standard Accessibility / Adaptations: Level Access - Bungalow, Wide Doorways Building safety: No Known planning considerations: None Flooded in the last 5 years: No Sources of flooding: n/a Flood defences: No Coastal erosion: No On a coalfield: No Impacted by the effect of other mining activity: No Conservation area: No Lease restrictions: No Listed building: No Permitted development: No Holiday home rental: No Restrictive covenant: No Business from property: No Property subletting: No Tree preservation order: No Other: No Right of way public: No Right of way private: No Registered easements: No Shared driveway: No Third party loft access: No Third party drain access: No Other: No Parking: Double Garage, Driveway Private Solar Panels: Yes - Owned Water: Mains Electricity: Mains Supply Sewerage: Domestic Small Sewage Treatment Plant Heating: Electric Room Heaters - Bungalow, Oil - House Internet connection: Fixed Wireless Internet Speed: TBC Mobile Coverage: TBC Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes.
Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.
All information is provided without warranty. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Draft Details Awaiting Vendor Approval -
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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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 advisers 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.
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