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See how verdicts work3-bedroom house · PE23 5JE
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! 35 Queen Street is an attractive three-bedroom family home, with off-road parking and gardens to a no-through road position.
Grade II listed, the property provides two reception rooms at the front; kitchen plus dining room, conservatory and shower room behind – and three double bedrooms plus bathroom above.
Occupying a generous plot with large, lawned, rear garden (South and West facing), the property is within walking distance for most of Spilsby’s range of services, amenities and primary and secondary schools.
Public transport links the town to the coast at Skegness, Horncastle and the city of Lincoln (East-West), and down the A16 to Boston (South).
Hallway - With wood obscure glazed door to front, light to ceiling. Tiled flooring, wood doors to lounge and family room Family Room - 13'6" x 11'11" - With wood sash window to front, lights to walls.
Log burning stove to brick surround, tiled flooring, radiator, multiple power points. Wood door to under stairs storage space.
Lounge - 13'6" x 11'11" - With wood sash window to front, lights to walls. Log burning stove to brick surround, radiator, multiple power points, tiled flooring.
Wood obscure glazed door to conservatory / utility. Conservatory - 12'9" x 5'1" - With wood windows to rear, glazed ceiling, radiator, tiled flooring.
Multiple power points, space and connections for washing machine and dryer. Kitchen - 9'2" x 10'11" - With wood sash windows to sides, lights to ceiling.
Storage units to base and wall levels, sink to square edge worktop. Hisense oven and Zanussi four ring hob, space and commencement for under counter appliance.
Wood effect flooring, radiator; multiple power points. Open doorway to dining room, wood glazed door to Dining Room - 10'0" x 9'10" - With wood sash window to rear, window to side.
Lights to ceiling, storage units to base level with bevel edge worktop above. Radiator, wood effect flooring, patio door to side.
Shower Room - 7'2" x 5'0" - With wood obscure sash window to side, light to ceiling. Low level wc, hand wash basin, storage work board back. Heated towel rail, tiles to walls and tile effect flooring.
Landing - With light to ceiling, carpet. Multiple power points, carpeted stairs, wood doors to bedrooms and bathroom.
Bedroom 1 - 9'3" x 13'4" - With wood sash windows to front and side, lights to walls. Carpet, radiator, multiple power points.
Bedroom 3 - 9'5" x 11'11" - With wood sash windows to sides, light to ceiling. Carpet, multiple power points, radiator. Wood door to cupboard housing gas fired boiler.
Bedroom 2 - 11'4" x 11'9" - With wood sash windows to front and rear, lights to walls. Carpet, radiator, built in storage spaces, multiple power points.
Bathroom - 7'7" x 6'2" - Wood sash window to front, lights to ceiling. Low level wc, hand wash basin to storage unit. Bath with shower attachment, heated towel rail, tile effect flooring.
Outside - The property is approached to the front up a gravelled driveway, leading to further, slate chipped, parking space suitable for multiple vehicles (with a useful store alongside).
The front garden is laid to lawn with a mature hedge containing the front, while a gate at the rear secures the larger rear lawn, with mature trees throughout and contained by mixed hedging and fencing.
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
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FAQ
About 35 Queen Street, Spilsby
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