2-bedroom property · PE14 9RJ
For saleListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DETACHED LODGE | BEAUTIFUL RIVERSIDE LOCATION | 2/3 Bedrooms | Open Plan Lounge/Kitchen/Dining Room | OFF ROAD PARKING | Good Size Garden Area | LPG GAS HEATING | QUIET VILLAGE LOCATION Tenure: Freehold Entrance Hall The entrance hall features a double glazed door with frosted glass window panel to front.
There is also an airing cupboard with shelving.
Lounge / Kitchen / Dining Area 21'7" x 19'1" (6.61m x 5.87m) The kitchen area features a range of fitted cupboard and drawer units with central island and breakfast bar, fitted worktop, space for cooker range with extractor hood, stainless steel sink and drainer unit, space and plumbing for dishwasher, space for fridge/freezer, storage cupboard housing boiler, double glazed window to rear, double glazed door to rear.
The lounge/dining area features two double glazed windows to front, double glazed window to side, TV point and three radiators.
The room is finished with wood effect flooring and inset ceiling spotlights over the kitchen area.
Bedroom 1 12'4" x 10'6" (3.77m x 3.23m) Double glazed bay window to front, radiator, walk in dressing room with hanging rail and shelving, door to; En-suite Shower Room Low level WC, vanity basin unit with cupboard storage, wall mirror with light, radiator, extractor fan, double glazed frosted window to side Bedroom 2 10'5" x 10'5" (3.10m x 3.10m) Double glazed window to rear, radiator, built in wardrobes with hanging rail and shelving Bedroom 3 This room could be a third bedroom but is currently used by the Vendor as a store and utility room.
The room also provides space and plumbing for washing machine and tumble dryer.
Bathroom Low level WC, vanity basin unit with cupboard storage, wall mirror, P-shape bath with curve shower screen and wall mounted shower attachment, radiator, extractor fan, double glazed frosted window to rear OUTSIDE: The property has a shared entrance driveway but has it's own parking area allowing space for approximately 3 cars.
There is a good size garden area to the front, which leads around to the far side also, housing the gas tank and a greenhouse.
There is a decking area to the rear which overlooks the neighbouring paddock. The Vendor advises that the property has it's own piece of the bank opposite available for use.
Agent's Notes This property is situated in a beautiful riverside location on the edge of the village of Welney.
Viewing is highly recommended to appreciate the location and the space the property offers. The property is freehold with no service charges or ground rent charges.
It should be noted that the property is of a non-standard construction and therefore not possible to obtain a mortgage on the property.
Interested parties should take advice from a financial/mortgage advisor before viewing.
The property would make an ideal home for those looking to escape the hustle and bustle of a town or city and find a quiet retreat.
PLEASE NOTE: Notes to purchaser: a) The owner or owner's representative has provided these details which are believed to be an accurate description of the property b) It is the purchaser's responsibility to ensure that electrical, heating or plumbing systems are tested prior to purchase c) All measurements included in the description are approximate and only for guidance d) Unless arrangements are made to include fixtures, fittings, appliances, carpets or curtains in the sale, the vendor reserves the right to remove them.
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.
Area
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FAQ
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