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See how verdicts work3-bedroom terraced house · PE11 2YE
Listing removedListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free, this deceptively spacious three-bedroom mid-terrace home is an excellent opportunity for first-time buyers and investors alike.
The property benefits from a bright and airy open-plan lounge and kitchen, a versatile ground floor bedroom or home office, two well-proportioned first floor bedrooms, and a modern family bathroom.
Externally, the home boasts a fully enclosed rear garden with decking area ideal for entertaining, along with off-road parking to the front.
Description - Sedge Estate Agents are delighted to offer this deceptively spacious three-bedroom mid-terrace home, benefitting from off-road parking and a generous rear garden.
The property welcomes you via an entrance hall, leading through to a bright and open-plan lounge and kitchen area—ideal for modern living.
The kitchen is well-equipped with a range of wall and base units, solid wood worktops, and space for appliances.
From here, there is access to a versatile ground floor bedroom, perfect for guests, a home office, or additional living space.
Upstairs, the first floor offers two well-proportioned bedrooms, including a spacious principal bedroom with built-in storage. A contemporary family bathroom completes the accommodation.
Externally, the property features a fully enclosed rear garden, mainly laid to lawn with a decking area—perfect for outdoor entertaining—alongside raised flower beds and a garden shed.
To the front, a gravel driveway provides convenient off-road parking.
Rooms - LOUNGE 12' 6" x 10' 1" (3.81m x 3.07m) Bright and welcoming space with a UPVC double glazed bay window to the front aspect, radiator, laminate flooring, ceiling light, and power points.
KITCHEN 13' 11" x 8' (4.24m x 2.44m) Fitted with a range of eye and base level units, solid wood worktops, ceramic sink with mixer tap, and tiled splashbacks.
Space for cooker, fridge freezer, washing machine, and dishwasher. Radiator, tiled flooring, two ceiling lights, and door leading to the ground floor bedroom.
REAR PORCH 8' 8" x 3' 9" (2.64m x 1.14m) With UPVC double glazed door providing access to the rear garden, laminate flooring, and ceiling light. LANDING With loft access.
BEDROOM ONE 12' 7" x 10' 11" (3.84m x 3.33m) Spacious double bedroom with UPVC double glazed window to the front aspect, built-in storage, radiator, carpet flooring, ceiling light, and power points.
BEDROOM TWO 10' x 7' 7" (3.05m x 2.31m) UPVC double glazed window to the rear aspect, radiator, carpet flooring, ceiling light, power points, and airing cupboard.
BEDROOM THREE (GROUND FLOOR) 9' 9" x 8' 7" (2.97m x 2.62m) Versatile ground floor bedroom with UPVC double glazed window to the rear aspect, radiator, laminate flooring, ceiling light, and power points.
BATHROOM Fitted with a freestanding bath, vanity wash hand basin, low-level WC, and heated towel rail. Finished with laminate flooring and a UPVC double glazed window to the rear aspect.
OUTSIDE REAR GARDEN Fully enclosed and mainly laid to lawn, featuring a decking area, raised flower beds, and garden shed. FRONT Gravel driveway providing off-road parking.
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

FAQ
About Knipe Avenue, Spalding
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