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See how verdicts work3-bedroom bungalow · PE12 9PD
For saleReduced £25k (−5.6%) on 25 JulListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rural equestrian bungalow! A fantastic opportunity to acquire this three bedroom detached bungalow set on a plot just shy of 2 acres (sts) in the rural village of Gedney Drove End.
Offering generous accommodation, a gated driveway, garage, and superb equestrian facilities, this property is ideal for buyers seeking space, privacy, and versatile outdoor use.
The bungalow itself is well laid out, with a welcoming entrance hall, lounge with log burner, a bright conservatory overlooking the garden, a newly fitted kitchen/diner, and a separate utility room.
There are three bedrooms, including a principal bedroom with en suite, plus a family bathroom. Outside, the property truly excels.
The land is divided into multiple paddocks, making it perfectly suited for horses, hobby farming, or lifestyle buyers.
There are three stables, a tack room, and a sheltered store area, offering excellent facilities for equestrian use or general storage.
A major advantage is the separate gated access directly off Main Road, providing easy entry for horseboxes, trailers, or machinery without needing to pass through the main driveway.
The main garden surrounding the bungalow is neatly maintained, with open views across the paddocks and neighbouring fields, a perfect place to relax and enjoy the sunshine.
Oil Central Heating, Private treatment plant drainage. To book your viewing, please call us on .
Location Ground Floor Entrance Hall Bedroom 1 (4.30m x 3.34m) En Suite Bedroom 2 (3.36m x 2.71m) Bedroom 3 (3.34m x 1.94m) Family Bathroom (2.46m x 2.04m) Lounge (4.96m x 3.99m) Utility Room (2.04m x 1.70m) Kitchen/Diner (4.95m x 2.89m) Conservatory (4.10m x 3.42m) Exterior Garage
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
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FAQ
About Cherry Lodge, Main Road, Spalding
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