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See how verdicts work2-bedroom bungalow · PE11 4QX
For saleListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LYNDENE Located in a rural setting with expansive open views, 'Lyndene' is ideal for those wanting a quiet setting.
The property occupies an established site of approximately 0.26 of an acre with ample off-road parking and workshop.
The property has 2 bedrooms, 2 reception rooms, bathroom, kitchen, utility room and separate wc. The property would benefit from some updating and refurbishement. Viewing is highly recommended.
ACCOMMODATION RECESSED PORCH Obscure glazed UPVC front entrance door opening into: HALLWAY 19' 5" x 3' 5" (5.94m x 1.05m) Radiator, 2 ceiling lights, dado rail, store cupboard.
SITTING ROOM 12' 2" x 11' 11" (3.71m x 3.65m) plus UPVC bay window to the front elevation with fitted window seat. Laminate flooring, 4 wall lights, ornamental fireplace with raised hearth, radiator.
BEDROOM 1 10' 11" x 11' 10" (3.35m x 3.63m) plus UPVC bay window to the front elevation. Radiator with fretwork cover, ceiling light.
BEDROOM 2 9' 7" x 12' 0" (2.93m x 3.66m) Ceramic floor tiles, UPVC window to the side elevation, radiator with fretwork cover, ceiling light.
BATHROOM 8' 4" x 11' 9" (2.56m x 3.60m) maximum Four piece suite comprising panelled bath with mixer tap, shower attachment and tiled surround, pedestal wash hand basin, low level WC, independent shower cubicle with Triton Seville electric shower, radiator, ceiling light, 2 obscure glazed UPVC windows.
DINING ROOM 13' 6" x 11' 6" (4.12m x 3.52m) Herringbone wood block flooring, UPVC patio doors to the side elevation, coved and textured ceiling, ceiling lights, radiator, half stable style door opening into: KITCHEN 12' 4" x 6' 11" (3.76m x 2.13m) Ceramic floor tiles, oil fired central heating boiler, base cupboards and drawers, worktops, single drainer stainless steel sink unit, tiled splashbacks, glazed display cabinet, radiator, cooker hood, UPVC window to the side elevation, doorway to: UTILITY ROOM 8' 3" x 11' 3" (2.52m x 3.43m) Plumbing and space for washing machine, further appliance space, external entrance door.
COAL STORE 7' 4" x 7' 4" (2.25m x 2.26m) SEPARATE WC Low level suite. EXTERIOR The property stands on established grounds totalling approximately 0.26 of an acre, subject to survey.
Lawned frontage with conifers, double width driveway, pair of five bar farm style gates and hand gate opening on to extensive gated gravelled parking area and turning bay, paved patio with established trees, lawned front garden with established trees and picket fencing.
The paved pathway continues across the front of the bungalow leading round to the right hand side where there is a gated area with paved patio, dog runs and a lawned area with conifer hedging to the side and rear boundaries.
To the left hand side of the bungalow a hand gate leads to an area with modern oil storage tank, outside tap, electricity meter, external socket, gravelled area and access to: WORKSHOP 20' 0" x 8' 7" (6.1m x 2.64m) Of timber/weatherboard/corrugated construction with a pitched corruagated roof, concrete floor, side window, power and lighting.
To the side of the workshop a gated access leads round to the rear of the property where there is a further patio and outside light. There are open views of farmland to the front and rear.
DIRECTIONS From Spalding proceed in a northerly direction along the old Pinchbeck Road, continue through Pinchbeck and Surfleet and on to Gosberton.
Turn left into the High Street then immediately left into Belchmire Lane. Continue into Gosberton Risegate, through to Gosberton Clough and then turn right signposted Quadring Fen.
Follow this road down into Quadring Fen and at the crossroads turn left into South Drove and the property is situated after around 400 yards on the right hand side.
AMENITIES The local villages of Quadring, Gosberton and Donington have combined facilities including primary and secondary schools, shops, doctors surgery, Churches etc.
Spalding and Boston are each approximately 10 miles distant.
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
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FAQ
About South Drove, Quadring Fen
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