2-bedroom flat · PE11 1RY
Listing removedListed 378 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** No Chain ** Introducing a stunning ground floor 2-bedroom apartment located in a Spalding Town Centre.
This property boasts a spacious living area with plenty of natural light, perfect for relaxing or entertaining guests. The kitchen is fully equipped with appliances and sleek countertops.
Both bedrooms are generously sized, offering comfortable living spaces for residents.
The property benefits from residents parking via a gated secure entrance providing convenient access for those with vehicles.
The apartment is ideally situated close to local amenities, transport links, making it an ideal choice for those seeking a blend of convenience and tranquillity.
Don't miss out on the opportunity to make this wonderful apartment your new home. Contact us today to arrange a viewing and secure this fantastic property.
Entrance Porch with Cupboard 1.77m x 1.98m Door leading into property porch area, which has carpet flooring, centre light point, radaitor, large walk-in cupboard and door leading into hall.
Electrical fuse board is located here. Entrance Hall Carpet flooring, two centre light points and radaitor.
Living Room 4.76m x 4.22m Bay window to the side aspect, carpet flooring, centre light point, radaitor and TV point.
Kitchen 3.46m x 2.3m Matching base and eye level units with worktop over, integrated fridge freezer, oven, electric hob with extractor over, inset sink with swan mixer tap, space and plumbing for washing machine, vinyl flooring, centre light point, radaitor and window to the rear aspect.
Gas fired combination boiler is located here. Bedroom One 3.48m x 4.52m Double aspect window to the rear and side aspect, carpet flooring, centre light point and radiators.
Bedroom Two 3.5m x 2.8m Window to the side aspect, carpet flooring, centre light point and radaitor.
Bathroom Three piece suite comprising of low level WC, wash hand basin and panelled bath with shower over, centre light point, vinyl flooring and fitted extractor.
Agent Notes 104 years currently left on lease as of 2025 Service charge is £1551 pa Ground rent is £50 pa
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 Broad Street, Spalding, Lincolnshire
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