2-bedroom bungalow · PE12 6SZ
Listing removedListed 69 days
Opportunity summary
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About
For Sale By Modern Method of Auction - T & Cs Apply Located within the popular village of Whaplode, this detached 2 bedroom bungalow is now available.
Conveniently situated within a quiet cul de sac and being close to the nearby market town's of Holbeach and Spalding, this property benefits from new windows and a roof, making an ideal home for those wanting single storey living.
This accommodation briefly comprises; Front Entrance Porch, Hallway, Kitchen with arch to the Dining Room/Office, spacious Lounge, Two Double Bedrooms and a Family Shower Room.
Outside to the rear, the enclosed garden offers a range of mature plants and shrubs providing an array of colour, a variety of fruit trees including apple, grapes, cherry and plum, a pond, there is a paved patio seating area, a timber store/workshop and also a green house.
To the front of the property there is a further mature garden, a driveway providing off road parking and leads to the former garage/store with newly installed doors.
Agents Note: The vendor has informed us that the property benefits from Solar Panels installed owned and maintained by Ecovision.
Buying Conditions This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Entrance Porch Hall Lounge 4.75m x 3.65m - 15'7” x 11'12” Kitchen 3.64m x 2.93m - 11'11” x 9'7” Office/Dining Room 4.96m x 2.55m - 16'3” x 8'4” Bedroom 1 3.55m x 3.45m - 11'8” x 11'4” Bedroom 2 3.96m x 2.94m - 12'12” x 9'8” Shower Room 2.06m x 1.64m - 6'9” x 5'5” Outside Garage/Store 2.79m x 2.55m - 9'2” x 8'4” Shed 4.84m x 2.3m - 15'11” x 7'7” Green House 3.11m x 1.86m - 10'2” x 6'1”
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 8, Abbotts Gardens, Spalding
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