2-bedroom flat · PE11 2XX
Listing removedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and fully renovated two-bedroom first-floor flat, ideally located within walking distance of Spalding Town Centre and its excellent range of shops, amenities and transport links.
Finished to a high standard throughout, the property has undergone a comprehensive refurbishment, including a brand-new fitted kitchen, a contemporary shower room, new flooring and fresh décor throughout.
The property also benefits from newly installed external wall insulation and a brand-new boiler, helping to improve energy efficiency and reduce heating costs.
The well-proportioned accommodation comprises an entrance hall, a spacious lounge, a modern fitted kitchen, two bedrooms and a stylish shower room.
Externally, there is the added benefit of off-road parking to the front of the property.
This excellent home would be ideal for professionals, couples or small families seeking a high-quality rental property in a convenient location. EPC Rating: C. Council Tax Band: A.
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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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.
Area
Agent & docs
FAQ
About St. Thomas Road, Spalding
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