1-bedroom flat · PE11 2HA
To rentListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*one bedroom flat. *pictureskue riverside views. Spacious double bedroom and living areas. *situated in spalding. *available December 2026.
Situated in a great location in Spalding, this attractive one-bedroom flat offers spacious accommodation combined with pictureskue riverside views, making it an ideal home for a single occupant, couple or small family.
The property benefits from a bright and spacious living room, with windows overlooking the river and providing a pleasant outlook.
The generous living space offers plenty of room for both comfortable seating and dining, creating a welcoming area to relax and unwind.
The spacious double bedroom provides excellent living space along with plenty of areas for storage, making it easy to keep the room comfortable and organised.
The property also benefits from a modern fitted kitchen, providing a practical and contemporary space for everyday cooking, along with a modern bathroom finished to a good standard.
The modern kitchen is equipped with a selection of both base and eye-level units, an integrated oven, hob, extractor, and an under-counter fridge/freezer.
The bathroom features a three-piece suite with an electric shower over the bath.
Located in a convenient part of Spalding, the property is well placed for access to local amenities, shops, transport links and everything the town has to offer.
With its riverside setting, spacious accommodation and modern features, this flat would make a fantastic rental home.
Additional features of the property include eco-friendly electric heating powered by Eco 7, and UPVC double-glazed windows. Convenient on-street parking is available to the rear of the property.
This flat is available from December 2026 and is offered in an unfurnished condition. Call Progressive Lets on to schedule a viewing.
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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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 12a, Commercial Road, Spalding
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