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See how verdicts work3-bedroom house · PE11 4AT
For saleListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• Three Bedroom Detached Property • Large private garden surrounding property • Agricultural Occupancy Condition (please refer to this section in the sales particulars for more information) • EPC Rating E Location Cheal Lodge is located approximately three miles North of Spalding.
The postcode for the property is PE11 4AT.
Description Cheal Lodge is a three-bedroom detached two storey property of brick construction beneath a tile roof, with uPVC double glazing windows throughout.
The property comprises: Front Hall with doors to: Dining Room Lounge Snug Kitchen, with wall and base units, sink and drainer, hob with extractor fan over, fitted oven, dining area.
Doors to: Pantry, Utility room and Rear Hall On the First Floor: Double Bedroom with walk-in wardrobe and en-suite Double Bedroom Double Bedroom Bathroom with Bath, Shower, Wash Hand Basin and WC Outside: The garden surrounds the property, with driveway and parking.
Agricultural Occupancy Condition The occupation of the dwelling shall be limited to a person solely or mainly employed, or last employed, locally in agriculture as defined in Section 290(l) of the Town and Country Planning Act 1971, or a dependent of such a person residing with him, or a widow or widower of such a person.
Planning permission was granted by South Holland District Council under application H17-0013-67. Further enquiries should be sent to the Council.
Uplift Clause The property will be sold subject to an uplift clause entitling the vendors to a share of any increase in value following any future removal of the Agricultural Occupancy Condition.
Services Mains Water and electricity are connected to the property. Central Heating is via an Oil system. Drainage is to a private Septic Tank.
Exchange and Completion Exchange of Contracts is expected within 30 working days of the Buyer’s Solicitors receiving the draft Contract from the Seller’s Solicitor with completion by agreement thereafter.
A 10% deposit is payable on exchange of Contracts.
Easements, Rights of Way and Wayleaves The land is sold subject to and with the benefit of all existing rights whether public or private, whether or not they are referred to in these details.
VAT VAT is not payable.
Boundaries The Buyer shall be deemed to have full knowledge of all the boundaries and neither the Seller nor the Selling Agent will be responsible for defining either the boundaries or their ownership.
Viewing Viewings will be permitted only by appointment with the Seller’ Agent.
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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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 advisers 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
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FAQ
About Cheal Lodge, Stockhouse Lane, Surfleet, Spalding
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