2-bedroom bungalow · PE11 2LF
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance of the town centre of Spalding we are delighted to offer for rent this detached two bedroom bungalow.
There is a driveway providing off road parking leading to a good sized single garage and an enclosed rear garden including a shed and glass house.
The property benefits from gas central heating a kitchen with a free standing cooker and is connected to the mains drainage.
The property is offered unfurnished, is strictly non smoking and is available immediately.
The accommodation comprises of: Entrance porch Inner hallway Lounge 3.02m x 6.35m Kitchen 2.72m x 3.64m Bedroom one 3.02m x 3.62m Bedroom two 2.72m x 3.65m Bathroom 1.68m x 2.41m Cloakroom 0.89m x 1.70m Please note that all measurements are maximum and are approximate
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Albert Street, Spalding, Lincolnshire
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