2-bedroom bungalow · PE23 5LN
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the edge of Spilsby, this well-presented detached bungalow offers stylish and modern accommodation throughout and is offered for sale with no onward chain.
The property provides a welcoming entrance hall, a comfortable lounge, modern kitchen/dining room, two bedrooms and a well-appointed bathroom.
The interior has been finished in a contemporary style and benefits from gas central heating, creating a comfortable home ready to move into.
Outside, the property has a driveway to the front providing off-road parking, together with an attached garage which is accessed via an electric roller door.
The garage also benefits from a personnel door providing access to the rear garden. To the rear, there is a mainly lawned garden providing a pleasant private outdoor space.
A well-presented detached bungalow in a convenient edge-of-town location, with the added benefit of no onward chain.
Entrance Hall Lounge 4.61m x 3.48m - 15'1” x 11'5” Kitchen/Dining Room 4.48m x 3.04m - 14'8” x 9'12” Bedroom 1 4.23m x 3.32m - 13'11” x 10'11” Bedroom 2 2.93m x 3.21m - 9'7” x 10'6” Bathroom 3.22m x 1.94m - 10'7” x 6'4” Outside Garage 6.07m x 3.07m - 19'11” x 10'1”
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 18, Tasman Road, Spilsby
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