2-bedroom terraced house · PE21 6PX
Sold STCListed 305 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IDEAL INVESTMENT OPPORTUNITY A two bedroom mid-terrace house with a rear yard situated close to the town centre & central park. Currently let for £590 per calendar month.
With a lounge/diner, kitchen & bathroom.
NO CHAIN ACCOMMODATION Part glazed front entrance door through to the: LOUNGE/DINER 3.33m x 6.42m Having window to front elevation, two radiators and door to staircase rising to first floor.
KITCHEN 2.58m x 3.47m (max L-shaped) Having window & glazed door to rear elevation, radiator, tiled floor and fitted with base & wall units with work surfaces & tiled splashbacks incorporating: stainless steel sink & drainer with mixer tap, space for electric cooker, space & plumbing for automatic washing machine & fridge/freezer.
BATHROOM Having window to rear elevation, panelled bath, close coupled WC and hand basin. BEDROOM ONE 3.43m x 3.52m Having window to front elevation and radiator.
BEDROOM TWO 2.78m x 2.87m Having window to rear elevation, radiator and built-in cupboard housing gas fired combination boiler providing for both domestic hot water & heating.
EXTERIOR To the front of the property there is a small garden enclosed by a low brick wall with a wrought iron pedestrian hand gate. The property also has a rear yard.
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.
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 advisors 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
Agent & docs
FAQ
About St. Marks Terrace, Boston, PE21
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