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See how verdicts work3-bedroom house · PE12 0NP
Sold STCListed 630 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Escape to the country! This charming former farmhouse dating back to 1860 offering potential to improve/extend and put your own stamp on it. Sitting on a generous plot approx.
1.9 acres (sts) in the popular village of Gedney Hill, this property is perfectly set up for anybody looking to grow their own and live the good life.
*** There is also an option to buy an additional 4 acres (sts) The living accommodation consists of an open plan lounge and dining room, separate family room, a fabulous newly fitted kitchen, utility room, conservatory and a WC accessible from outside.
Upstairs you have the landing area, three double bedrooms, refitted shower room and a small box room.
Located in the popular village of Gedney Hill with local shop, primary school, golf course and fishing lakes are all located in the village itself.
The nearest town would be Spalding providing secondary schools, supermarkets, shopping centres and railway links via Peterborough to London and across the UK.
Although In need of some updating, it benefits from having had a full slate roof in 2013 and damp-proof injection treatment also this year.
It also has solar panels and the i-Boost system to give preference to heating hot water. The solar panels are owned outright.
The main outbuildings comprise of: Cold Store internally measuring 11' x 6'5" and fitted with a J & E Hall chiller unit. An open fronted log / machine store 16' x 10'.
Concrete sectional workshop with concrete floor 16' x 22' leading to a further attached workshop/store 23' x 9'. Timber hay barn / store shed, internally measuring 19' x 10'. Chicken House 16' x 24'.
2 x Net tunnels measuring 90' x 18' each, 1 for vegetables and 1 for fruit (established cheery trees and a large grape vine). Large productive mixed fruit orchard - apple/pear/plum/Walnut and quince.
All benefiting from running water. The complete property is enclosed within a maturing fruit bearing hedgerow with an abundance of wildlife.
*Please note there has been planning permission passed for the following: Extension of residential curtilage to include single storey rear/side extension, detached carport/store, new vehicular access, relocation of domestic shed and growing tunnel and completion of tractor shed within land beyond (agricultural).
Ref - H07-0676-23 In addition to the plans above, there is also retrospective plans approved for a domestic workshop.
Ref - H07-0195-24 There is potential for a building plot (subject to planning) with the two access drives either side of the property.
To help find the property please use the what3words below: ///cautious.towel.prune Location Ground Floor Dining Room (3.02m x 4.19m) Family Room (3.99m x 3.23m) Lounge (3.63m x 3.73m) Kitchen (4.24m x 2.29m) Conservatory (4.75m x 2.64m) Utility Room (2.69m x 1.96m) WC Hallway Shower Room (2.46m x 4.22m) First Floor Landing Bedroom 1 (5.00m x 3.76m) Bedroom 2 (3.05m x 2.92m) Bedroom 3 (2.39m x 3.66m) Box Room (1.73m x 1.04m)
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
Agent & docs
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FAQ
About 6, Station Road, Spalding
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