4-bedroom bungalow · PE23 5PT
For saleListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Motivated sellers- reduced by £20,000** Karenza is a detached four-bedroom bungalow; providing spacious, modernised accommodation to an attractive corner plot.
Enhanced and upgraded by the current vendors, the property offers both accessibility and quality - making this village home suitable for family or multi-generational living.
Accommodation comprises a living room, open-plan kitchen to dining room with versatile snug/play room leading off and French doors to the rear decking.
Four bedrooms include a master with en suite shower room; alongside family bath and shower room, utility and garage.
The property is set with ample off road parking for multiple vehicles, gardens to front and rear, and an external, timber framed studio with power.
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
FAQ
About Karenza, Great Steeping, Spilsby
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