3-bedroom semi-detached house · DN36 4LF
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Peterson Drive in New Waltham, this well-presented semi-detached home offers well-proportioned accommodation arranged over two floors, making it an ideal choice for families, first-time buyers or those looking to move to a convenient residential location.
The ground floor comprises a welcoming lounge, providing a comfortable space for relaxing and entertaining, together with a useful downstairs WC.
To the rear is a practical kitchen-diner, offering a sociable space for everyday family life and dining, with access to the rear garden.
To the first floor are three bedrooms, providing flexible accommodation for family members, guests or home working, along with a family bathroom.
Externally, the property benefits from a small front garden, while the rear garden is tidy and provides a pleasant outdoor space for seating, entertaining or enjoying the warmer months.
The property also benefits from off-road parking.
An additional benefit is that the property is offered for sale with no forward chain, helping to provide a straightforward purchase for prospective buyers.
Located in New Waltham, Peterson Drive provides a residential setting within easy reach of local amenities, schools and transport links, while the wider area offers convenient access to Grimsby, Cleethorpes and the surrounding Lincolnshire coastline.
Early viewing is recommended to appreciate the accommodation and outdoor space this property has to offer. Entrance Entering the property reveals a radiator and a carpeted floor.
WC (6' 1'' x 4' 0'' (1.86m x 1.22m)) With an opaque window to the front elevation, a radiator and a WC and basin.
Lounge (14' 3'' x 13' 1'' (4.34m x 4.00m)) The lounge has a window to the front elevation, a radiator and a carpeted floor.
Kitchen/Diner (10' 7'' x 16' 2'' (3.22m x 4.93m)) The kitchen-diner has a window and French doors to the rear elevation, a radiator and lvt flooring.
There is also a modern fitted kitchen with a one and a half sink and drainer, plumbing for a washing machine and an electric oven and gas hob with an extractor over.
There is also space for a dining table and chairs. First Floor Landing The first floor landing has a window to the side elevation, a radiator and a carpeted floor.
Bedroom One (13' 9'' x 8' 10'' (4.18m x 2.68m)) Bedroom one has a window to the front elevation, a radiator and a carpeted floor.
Bedroom Two (11' 1'' x 9' 5'' (3.39m x 2.88m)) Bedroom two has a window to the rear a radiator and a carpeted floor.
Bedroom Three (9' 11'' x 7' 1'' (3.03m x 2.16m)) Bedroom three has a window to the front elevation, a radiator and a carpeted floor.
Bathroom (6' 5'' x 6' 4'' (1.96m x 1.92m)) The bathroom has an opaque window to the rear elevation, a radiator and laminate flooring.
There is also a three piece suite with a WC, basin and bath with a glass screen and mains shower.
Outside With a small frontage and then a rear garden with a lawn and patio area ideal for alfresco dining.
There is also a gate to the side and the garden is enclosed by perimeter fencing and brick walls. There is also parking.
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 40, Peterson Drive, New Waltham
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