3-bedroom terraced house · PE11 1BF
For saleListed 34 days
Opportunity summary
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About
ACCOMMODATION Storm porch and through an obscured UPVC double glazed door with outside lighting leading into: ENTRANCE HALLWAY 4' 3" x 16' 11" (1.30m x 5.16m) Coved and textured ceiling, centre light point, smoke alarm, radiator, central heating controls, staircase rising to the first floor, understairs storage cupboard, door into: CLOAKROOM 3' 5" x 6' 4" (1.05m x 1.94m) Coved and textured ceiling, centre light point, extractor fan, radiator, fitted with a two piece suite comprising low level WC and corner wash hand basin with mixer tap and tiled splashbacks.
From the Entrance Hallway an obscured glazed door leads into: KITCHEN DINER 9' 1" x 14' 2" (2.77m x 4.34m) UPVC double glazed window to the front elevation, UPVC double glazed window to the side elevation, coved and textured ceiling, inset downlighters, tiled flooring, double radiator, fitted with a wide range of base and eye level units with work surfaces over, tiled splashbacks, inset stainless steel sink with mixer tap, plumbing and space for washing machine, integrated stainless steel gas hob, integrated stainless steel fan assisted electric oven, stainless steel Neff canopy extractor hood over, wall mounted Potterton gas boiler, space for fridge freezer.
From the Entrance Hallway door leading into: LOUNGE 10' 9" x 16' 4" (3.30m x 4.99m) UPVC double glazed window to the rear elevation, UPVC double glazed French doors to the rear elevation, coved and textured ceiling, centre light point, double radiator, TV point, telephone point.
CONSERVATORY 13' 8" x 11' 7" (4.18m x 3.55m) Heat resistant polycarbonate roof, UPVC double glazed window, UPVC double glazed French doors to the side elevation, tiled flooring, electric sockets, electric radiator.
FIRST FLOOR GALLERIED LANDING 3' 2" x 7' 10" (0.99m x 2.40m) Coved and textured ceiling, centre light point, access to loft space, smoke alarm, door to: FAMILY BATHROOM 6' 9" x 8' 6" (2.07m x 2.60m) Obscured UPVC doble glazed window to the rear elevation, coved and textured ceiling, inset downlighters, part tiled walls, heated towel rail, fitted with four piece suite comprising low level WC, pedestal wash hand basin with mixer tap and shaver point, bath with mixer tap and fully tiled shower cubicle with fitted thermostatic shower over.
BEDROOM 1 8' 5" x 13' 5" (2.57m x 4.10m) UPVC double glazed window to the rear elevation, coved and textured ceiling, centre light point, radiator, BT point, TV point, fitted wardrobe fitments with over head storage and built-in bedside cabinets, double glass mirrored wardrobe and single wardrobe.
BEDROOM 2 8' 1" x 11' 5" (2.47m x 3.48m) UPVC double glazed window to the front elevation, coved and textured ceiling, centre light point, radiator.
BEDROOM 3 8' 0" x 8' 0" (2.45m x 2.44m) UPVC double glazed window to the front elevation, coved and textured ceiling, centre light point, radiator, TV point, telephone point, storage cupboard off.
EXTERIOR Lawned garden to the front with paved pathways. Wooden side access gate leading into the rear garden.
REAR GARDEN Hard standing for wooden shed, paved pathways, mainly laid to lawn, cold water tap, flagstone patio area, allocated parking to the rear with parking for 2 vehicles.
DIRECTIONS From the centre of Spalding proceed in a westerly direction along Winsover Road to the railway crossing and turn first right into Park Road.
After approximately 300 yards turn left into Pennygate, proceed a further 400 yards and turn right into Woodrow Place. Follow the road round and the property is located on the left hand side.
AMENITIES There are local amenities including primary school and shop and the town centre is approximately half a mile away offering a range of shopping, banking, leisure, commercial and educational facilities.
There is also the innovative water taxi service, Springfields Shopping Outlet and Festival Gardens and Castle Sports Centre/Swimming Pool.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
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