3-bedroom house · PE23 5BP
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet cul-de-sac just off Partney Road, this well-presented three-bedroom mid-terraced home enjoys an attractive position overlooking a green area, while remaining within easy reach of the town's excellent amenities.
Offering well-planned accommodation throughout, it is an ideal first-time purchase, family home or investment opportunity.
The accommodation comprises an entrance hall with staircase to the first floor, cloakroom, spacious lounge and a bright kitchen/dining room with doors opening onto the rear garden.
To the first floor are three well-proportioned bedrooms, including a principal bedroom with en-suite shower room, together with a modern family bathroom.
Outside, a block-paved footpath leads to the front entrance, while the enclosed rear garden has been designed for ease of maintenance with an artificial lawn and gated rear access to an allocated parking space.
A garage is situated nearby, providing useful additional parking or storage.
Further benefits include gas central heating, double glazing and a pleasant location on the outskirts of town, offering the perfect balance of peaceful surroundings and convenient access to shops, schools and everyday amenities.
Early viewing is highly recommended.
EPC Rating: C Accommodation Part glazed front entrance door through to the: Entrance Hall Having radiator, wood laminate flooring and staircase rising to first floor.
Cloakroom Having window to rear elevation, wood laminate flooring, radiator, extractor fan, close coupled WC and hand basin.
Lounge (5.03m x 3.32m) Having window to front elevation, radiator, wood laminate flooring and sliding patio doors to rear elevation.
Kitchen Diner (4.98m x 2.72m) Having window to front elevation, window & part glazed door to rear elevation, radiator, smoke alarm and tiled flooring.
Fitted with a range of base & wall units with work surfaces & tiled splashbacks comprising: 1 1/4 stainless steel sink with drainer & mixer tap inset to work surface, cupboards, drawers, space & plumbing for automatic washing machine under.
Further work surface with inset gas hob, cupboards & drawers under, electric oven, cupboards & stainless steel cooker hood over.
Cupboard housing gas fired boiler providing for both domestic hot water & heating over. First Floor Landing Having window to rear elevation, access to roof space and built-in airing cupboard.
Master Bedroom (3.32m x 3.26m) Having window to front elevation and radiator.
En-Suite Shower Room Having window to front elevation, heated towel rail, shaver point, extractor fan, half tiled walls and wood effect flooring.
Fitted with a suite comprising: Shower enclosure with mixer shower fitting, close coupled WC and pedestal hand basin.
Bedroom Two (2.9m x 2.6m) Having window to front elevation and radiator Bedroom Three (2.63m x 2.00m) Having window to rear elevation and radiator.
Family Bathroom Having window to rear elevation, extractor fan and shaver point.
Fitted with a suite comprising: Panelled bath, pedestal hand basin and close coupled WC Exterior To the front of the property there is a block paved footpath leading to the front entrance door.
Rear Garden To the rear of the property there is an enclosed garden which is low maintenance with an artificial lawn.
A gate to the rear of the garden leads to a parking space and there is a garage nearby. Services The property has mains gas, electricity, water and drainage connected.
Heating is via a gas fired boiler serving radiators and the property is double glazed. The property also has solar panels and the current council tax is band B.
Lifetime Legal We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Agent's Notes These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Garden Enclosed rear garden.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 12 Granary Close, Spilsby
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