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See how verdicts work3-bedroom house · PE10 9JY
For saleListed 1188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nearing completion a small site of only 11 town house properties built in a mews style of various designs within easy walking distance of town centre and with a wonderful outlook over the Bourne Eau.
Built to a high specification the architect has created an attractive street sense with different roof levels and elevations with both dorma windows and roof lights to the front.
This is mirrored on the rear elevations with some having Juliette balconies and picture windows with each having a paved patio area behind a glass balustrade to make the most of the river view.
As any discerning purchaser would expect the specification is high with gas central heating and, depending on stage of build, a personnel choice in floor coverings, tiling and paint colours, all within an excellent SAP energy rating of 86b.
Number 1 is a one off design within the mews offering 3 bedrooms with the master suite to the top floor having a small balcony, ensuite shower room and walk in wardrobe.
To the first floor is the third bedroom and the guest bedroom which has a Juliette balcony and a Jack & Jill 4 piece bathroom.
To the ground floor an L shaped open plan kitchen/diner living room with French doors out to the patio area.
The accommodation comprises of spacious reception hall with built in storage cupboard, cloakroom, L shaped kitchen dining/living room.
To the first floor, bedroom with a 4 piece Jack & Jill bathroom and further bedroom.
To the top floor is further storage cupboard and the master bedroom with small balcony, ensuite shower room and walk in wardrobe.
Reception Hall - Cloakroom - Open Plan Kitchen Living/Dining Room - overall 7.22m max x 5.7m max (overall 23'8" max x - Kitchen area: 4.8m x 2.3m.
Living/dining area: 5.65m max x 2.4m First Floor Landing - Bedroom - 4.53m x 4.43m (14'10" x 14'6") - Bedroom - 3.55m x 3.61m (11'7" x 11'10") - Jack & Jill Bathroom - 3.2m max x 2m (10'5" max x 6'6") - Second Floor Landing - Bedroom - 5.64m max x 3.8m (18'6" max x 12'5" ) - Walk In Wardrobe - 2m x 2.17m (6'6" x 7'1" ) - Ensutie Shower Room - 2.2m x 2.1m (7'2" x 6'10" ) - External Details - Paved patio area to the rear with glass balustrade overlooking Bourne Eau.
Council Tax - South Kesteven District Council Tax Band to be allocated as new build. Agents Notes - The photos are of the show home, and may differ from the actual house design.
Viewing - By telephone appointment with Richardson
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
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FAQ
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