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See how verdicts work4-bedroom house · PE20 2AW
For saleListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set upon a 0.32 acre plot (sts) is this stunning three/four bedroom barn conversion with a brilliant workshop enjoying views looking out onto agricultural fields both front and rear.
The barn positioned within a mature plot offers spacious accommodation boasting almost 250 sqm of living accommodation and workshop space and benefits from 'barn style' features to include exposed beams, some vaulted ceilings, and a mezzanine floor level.
The accommodation briefly comprises: Entrance Hall, Kitchen Diner with a vaulted ceiling and exposed beams, a barn style sliding door opens into the main Living Reception Room which is a real breath-taking feature being 32' in length and having exposed beams.
At the end of the room is a Dining Area complete with a log burning stove and a staircase leading to a mezzanine level ideal for a snug space with views out to the fields beyond.
There is also a modern conservatory accessed from the dining area.
Moving through the property there is a Boot Room, WC, Study/Bedroom four, main Family Bathroom with a freestanding bath and separate shower and separate Utility Room.
The three main Bedrooms are all double Rooms with two of them boasting En-suite Shower Rooms.
Externally the property is located just off the A17 and is approached via gated access to the gravel driveway. The rear gardens are enclosed via hedging and there is an outbuilding/summerhouse.
The property also benefits from a large workshop attached with vaulted ceilings, power and lighting with 3 skylights for extra lighting which is currently being used as a gym.
Viewings are a must to fully appreciate and are by appointment only. Agents Note - We are advised by the vendor that the property has a septic tank.
Entrance Hall 1.48m x 6.09m - 4'10" x 19'12" Kitchen Diner 3.57m x 4.46m - 11'9" x 14'8" Open Plan Living Area 9.76m x 4.26m - 32'0" x 13'12" Mezzanine Landing 2.7m x 4.29m - 8'10" x 14'1" Conservatory 4.9m x 4.87m - 16'1" x 15'12" Boot Room 2.07m x 1.59m - 6'9" x 5'3" WC Hallway 3.56m x 1.47m - 11'8" x 4'10" Bedroom 1 4.69m x 3.31m - 15'5" x 10'10" En-Suite Shower Room 1.18m x 3.29m - 3'10" x 10'10" Bedroom 2 4.21m x 3.12m - 13'10" x 10'3" En-Suite 1.96m x 1.61m - 6'5" x 5'3" Bedroom 3 4.64m x 4m - 15'3" x 13'1" Study/Bedroom 4 4.69m x 1.97m - 15'5" x 6'6" Bathroom 2.33m x 3.74m - 7'8" x 12'3" Utility 3.03m x 5.35m - 9'11" x 17'7" Workshop 5.69m x 5.31m - 18'8" x 17'5"
Value & comps
No previous sales on record.
Returns
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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 Washdike Road, Algarkirk, Boston, Lincolnshire, PE20
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