4-bedroom house · PE23 5GB
For saleReduced £9.9k (−5.2%) on 7 OctListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential location within easy walking distance of Spilsby's historic town centre, this well-presented three-storey end-terrace home is an ideal choice for families, first-time buyers or those looking to upsize.
The accommodation comprises an entrance hall, cloakroom, comfortable lounge and fitted kitchen to the ground floor.
The first floor offers three bedrooms and a family bathroom, whilst the impressive principal bedroom occupies the second floor and benefits from its own en-suite shower room, creating a private retreat.
Outside, the property enjoys off-road parking to the front complete with an electric vehicle charging point, together with an enclosed rear garden ideal for relaxing or entertaining.
A garage, located in a nearby block, provides additional storage or parking and is complemented by a further allocated parking space to the front.
The property also benefits from gas central heating and double glazing throughout.
The bustling market town of Spilsby offers an excellent range of everyday amenities including independent shops, supermarkets, cafés, pubs, schools and healthcare facilities.
Steeped in history and surrounded by beautiful Lincolnshire countryside, the town provides a welcoming community atmosphere while being within easy reach of the Lincolnshire Wolds, an Area of Outstanding Natural Beauty, and the county's stunning east coast.
EPC Rating: C Accommodation Front entrance door through to the: Entrance Hall Having radiator, wood effect flooring and staircase rising to first floor with storage under.
Cloakroom Having window to front elevation, radiator, wood effect flooring, close coupled WC and corner hand basin.
Kitchen (3.40m x 1.92m) Having window to front elevation, inset ceiling spotlights and tiled floor.
Fitted with a range of base & wall units with work surface, upstands & tiled splashbacks comprising: Sink with mixer tap inset to work surface, cupboard, space & plumbing for automatic washing machine under.
Work surface return with inset electric hob, integrated electric double oven, space for slimline dishwasher, cupboards & drawers under, cupboards, extractor and gas fired boiler providing for both domestic hot water & heating over, space for upright fridge/freezer to side with cupboard over.
Lounge (4.06m x 3.68m) Having sliding doors to rear elevation & garden, coved ceiling, radiator and wood effect flooring.
First Floor Landing Having door to staircase rising to second floor with window to front elevation and radiator. Bedroom Two (2.43m x 1.97m) Having window to rear elevation and radiator.
Bedroom Three (2.55m x 1.97m) Having window to front elevation and radiator. Bedroom Four (2.57m x 2.01m) (max) Having window to rear elevation and radiator.
Bathroom Having radiator, tiled walls, tiled floor, extractor, panelled bath with shower fitting over, hand basin inset to vanity unit with cupboard under and WC with concealed cistern.
Second Floor Master Bedroom (5.08m x 4.05m) (max) Having dormer style window to front elevation, radiator and two built-in cupboards.
En-Suite (2.19m x 1.73m) Having roof window, tiled walls, wood effect flooring, shower enclosure with mixer shower fitting, close coupled WC and counter basin on stand with mixer tap.
Exterior To the front of the property there is a block paved driveway providing off-road parking for two cars with an electric vehicle charger.
Rear Garden Being enclosed and laid to lawn with a paved patio area and a footpath leading to a paved seating area to the far rear.
Garage To the rear of the property there is a garage in a block of three with a parking space to the front. Services The property has mains gas, electricity, water and drainage connected.
Heating is via a gas fire boiler serving radiators and the property is double glazed. The current council tax is band B.
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. Garden Enclosed garden to rear
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 59 Lady Jane Franklin Drive, Spilsby
Explore nearby