We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom semi-detached house · PE12 6FS
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Engine Shed – A Unique Property, Beautifully Transformed!
Once a derelict structure in the village, The Old Engine Shed has been lovingly and tastefully renovated into a stunning, contemporary family home, blending its unique character with a beautiful, neutral finish throughout.
Offering a spacious and flowing layout, this exceptional property boasts four bedrooms, generous living space and a fantastic plot, making it an ideal home for modern family living.
With ample off-road parking and a truly distinctive design, this is a property that really stands out from the crowd!
Properties like this don’t come along every day – book your viewing today and discover everything The Old Engine Shed has to offer!
Entrance Hall - 3.00m x 3.01m (9'10" x 9'10") - Composite door to front with full height glazed side panels. Stairs to first floor. Built in storage cupboard. Cloakroom - Window to front. Toilet.
Wash hand basin. Extractor fan. Open Plan Living Area - 5.32m x 7.33m (17'5" x 24'0") - Two windows to rear. French doors with glazed side panels to side.
Kitchen - Matching base and eye level units with work surfaces over. Sink unit with drainer and mixer tap over.
Built in Cold Sense Integrated 70/30 Fridge Freezer, Integrated AirDry Dishwasher, Cold Sense Integrated 70/30 Fridge Freezer, Multifunction AirFry Oven with Aqua Clean, MWO Combi Microwave and Built-in Oven - Induction 4 zone induction hob, Extraction Tech Cooker Hood.
Utility Room - 1.93m x 2.19m (6'3" x 7'2") - Base units with work surface over within sink and mixer tap. Space and plumbing for washing machine and tumble dryer.
First Floor Landing - Doors to bedrooms and bathroom. Bedroom 1 - 2.93m x 4.10m (9'7" x 13'5") - Window to rear. En-Suite - Shower cubicle with shower. Toilet. Wash hand basin. Heated towel rail.
Partially tiled walls. Extractor fan. Bedroom 2 - 3.11m x 3.08m (10'2" x 10'1") - Window to front. Bedroom 3 - 3.11m x 3.13m (10'2" x 10'3") - Two windows to front.
Bedroom 4 - 2.58m x 3.14m (8'5" x 10'3") - Window to side. Bathroom - 2.56m x 1.70m (8'4" x 5'6") - Window to side. Bath with mixer taps and shower attachment over.
Separate shower cubicle with shower attachment over. Wash hand basin. Toilet. Extractor fan. Partially tiled walls. Outside - Rear: Lawn area. Patio area. Outside tap. Outside lighting.
Property Postcode - For location purposes the postcode of this property is: PE12 6FS Additional Information - Under floor heating to the ground floor. This property is covered by ICW warranty.
Please note as with most new build reservations a fee of £1,000 will be required at point of reservation and it goes towards the final purchase price.
External photos have been edited with AI to showcase how the property could look.
Anti-Money Laundering (Aml) Checks - If you wish to proceed with an offer on this property, we are required under HMRC regulations to carry out anti-money laundering (AML) checks for all prospective buyers and sellers.
We take this responsibility seriously and ensure that all checks are conducted securely and in line with current guidelines.
To facilitate this process, our trusted partner, Coadjute, will manage the verification on our behalf.
Once an offer has been accepted (subject to contract), Coadjute will send you a secure link to complete the biometric identification checks electronically.
Please note that a non-refundable fee of £27 + VAT per person applies for this service, with payment processed directly through Coadjute.
These AML checks must be completed before we are able to issue the memorandum of sale to the solicitors confirming the transaction.
If you have any questions regarding this process, please do not hesitate to contact our office.
Verified Material Information - Tenure: Freehold Council tax band: Newbuild - not rated yet Property construction: Brick built Water supply: Anglian Water Sewerage: Mains Heating: Gas central heating, Underfloor heating to downstairs.
Heating features: No Broadband: As stated by Ofcom, Standard and Superfast is available. Mobile coverage: As stated by Ofcom, Indoor - EE is Limited over Voice and Data.
Three is Limited over Voice and Data. O2 is Limited over Voice and Likely Data. Vodafone is Limited over Voice and Data.
Mobile coverage: As stated by Ofcom, Outdoor - EE is Likely over Voice and Data. Three is Likely over Voice and Data, O2 is Likely over Voice and Data. Vodafone is Likely over Voice and Data.
Parking: Driveway Building safety issues: No Restrictions: No Public right of way: No Flood risk: Surface water - very low. Rivers and the sea - low.
Other flood risks - Groundwater - flooding from groundwater This location is outside of a groundwater flood alert area.
Reservoirs - This location is outside of a groundwater flood alert area Coastal erosion risk: No Planning permission: Please refer to South Holland District Council Planning Portal for any planning applications.
Accessibility and adaptations: No Coalfield or mining area: No Energy Performance rating: TBC Viewing Arrangements - Viewing is by appointment with Ark Property Centre only.
We suggest you call our office for full information about this property before arranging a viewing.
Some of the photos have been edited with Ai to show what the property will look like to the outside of the properties Offer Procedure - Please note: before an offer is agreed on a property you will be asked to provide I.D and proof of finance, in compliance Money Laundering Regulations 2017 (MLR 2017).
The business will perform a Money Laundering Check as part of its Money Laundering Policy.
If a cash offer is made, which is not subject to the sale of a property, proof of funds will be requested or confirmation of available funds from your solicitor.
Disclaimer - These particulars, whilst believed to be accurate are set out as general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has authority to make or give representation or warranty in respect of the property. These details are subject to change.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Plot 5, Mill Drove South, Cowbit
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