2-bedroom bungalow · PE11 3FG
For saleListed 45 days
Opportunity summary
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About
ACCOMMODATION Open porch with tiled floor with outdoor light and door bell and through the UPVC double glazed door into: ENTRANCE HALLWAY 3' 6" widening to 5'6'' x 15' 7" (1.09m widening to 1.69m x 4.75m) Coved and textured ceiling, centre light point, access to loft space, smoke alarm, radiator, telephone point, central heating thermostat, storage cupboard off housing hot water cylinder with slatted shelving, door to: LOUNGE 12' 4" x 16' 10" (3.77m x 5.15m) UPVC double glazed window to the front elevation, coved and textured ceiling, centre light point, radiator, TV point.
From the Entrance Hallway a door leads into: KITCHEN DINER 10' 4" x 11' 0" (3.16m x 3.36m) UPVC double glazed window to the rear elevation, coved and textured ceiling, centre strip light, radiator, central heating controls, fitted with a wide range of base and eye level units with work surfaces over, tiled splashbacks, inset sink with mixer tap, integrated Hotpoint 4 ring gas hob, extractor hood over, integrated eye level Russell Hobbs double fan assisted oven, door to: UTILITY ROOM 6' 7" x 8' 8" (2.01m x 2.66m) UPVC double glazed window to the rear elevation, obscure UPVC double glazed door to the rear elevation, coved and textured ceiling, centre light point, extractor fan, radiator, fitted with a wide range of base and eye level units with work surfaces over, tiled splashbacks, inset stainless steel sink with taps, plumbing and space for washing machine, space for tumble dryer, access door into Garage.
From the Entrance Hallway a door leads into: MASTER BEDROOM 10' 0" x 12' 5" (3.06m x 3.81m) UPVC double glazed window to the rear elevation, coved and textured ceiling, centre light point, TV point, telephone point, fitted furniture comprising double wardrobe, single wardrobe and 2 four drawer chests.
From the Entrance Hallway a door leads into: BEDROOM 2 11' 1" x 10' 1" (3.38m x 3.08m) UPVC double glazed window to the front elevation, coved and textured ceiling, centre light point, radiator, fitted double wardrobe.
SHOWER ROOM 5' 6" x 7' 10" (1.68m x 2.40m) Obscure UPVC double glazed window to the rear elevation, coved and textured ceiling, centre light point, extractor fan, radiator, part tiled walls, fitted with a three piece suite comprising low level WC, pedestal wash hand basin with taps, mirror over and shaver point, walk-in shower enclosure with fitted Triton power shower over.
EXTERIOR The front is laid to gravel with paved pathways all the way round, side garden laid to gravel.
Block paved driveway leading to the: GARAGE 8' 10" x 16' 9" (2.71m x 5.11m) Up and over door, textured ceiling, centre light point, access to loft space, power and lighting, water softener, wall mounted British Gas boiler.
Side access gate leading into: REAR GARDEN Predominantly laid to lawn with a wide range of mature shrub and tree borders and patio area. Cold water tap, 2 water butts.
To one side boundary there is a brick wall and to the rear and the other side there is fencing. Wooden garden shed.
DIRECTIONS From the centre of Spalding proceed in a northerly direction along Pinchbeck Road.
After passing the Royal Mail Cart Public House turn left at the traffic lights into Woolram Wygate, follow the road down over the railway crossing, past the shops on the right into Wygate Park and Law Court is a turning off to the right and the property is situated on the left hand side.
AMENITIES The town has a wide range of shopping, banking, leisure, commercial and education facilities along with the Springfields Shopping Outlet , Festival Gardens and Spalding Golf Course.
The cathedral city of Peterborough is approximately 19 miles to the south and has a fast train link with London Kings Cross (minimum journey time 50 minutes
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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