2-bedroom terraced house · PE11 3BQ
For saleListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Ideal First Home on Woolram Wygate Estate** Searching for your first home but don’t want the hassle of a project? This gem could be just what you’re looking for!
Lovingly maintained by the current owners, this property shines through in every photo. This 50% shared equity property would make a great first time buy for one lucky buyer.
Located on the ever-popular Woolram Wygate estate, this home is sure to be snapped up quickly. Don’t miss out—book a viewing today! Lounge - 3.91m x 3.86m (12'9" x 12'7") - UPVC door to front.
UPVC window to front and side. Stairs to first floor landing. Carpeted. Radiator. Kitchen - 2.92m x 2.86m (9'6" x 9'4") - UPVC window and door to rear. Vinyl flooring.
Matching base and eye level units with roll top work surface over. Stainless steel sink with drainer. Space and plumbing for washing machine. Space for fridge and freezer.
Integrated electric oven with four ring gas hob above. Stainless steel splashback. Extractor fan. Radiator. Cloakroom - Toilet. Wash hand basin. Tiled splash back. Radiator. Vinyl flooring.
Extractor fan. First Floor Landing - Doors to bedroom and bathroom. Bedroom 1 - 2.67m x 3.85m (8'9" x 12'7") - UPVC window to rear. Carpeted. Radiator.
Bedroom 2 - 2.39m x 2.70m (7'10" x 8'10") - UPVC window to front. Carpeted. Radiator. Loft access. Built in wardrobes with boiler and shelving.
Bathroom - 1.91m x 1.71m (6'3" x 5'7") - UPVC window to side. Vinyl flooring. Bath with shower over. Partially tiled walls. Toilet. Wash hand basin. Extractor fan. Shaver point.
Outside - To the front of the property is one allocated parking space, block paved area and gate with access to the rear garden. The rear garden is enclosed with timber fencing. Patio seating area.
Property Postcode - For location purposes the postcode of this property is: PE11 3BQ Shared Equity - Any interested party must approach the local council to be considered as a local person in housing need.
If approved to be in housing need, the shared equity loan is then subject to a financial assessment by the lender.
Additional Information - PLEASE NOTE: All photos are property of Ark Property Centre and can not be used without their explicit permission.
Verified Material Information - Tenure: Shared Equity 50% Council tax band: A Annual charge: No Property construction: Brick built Electricity supply: Eon Solar Panels: No Other electricity sources: No Water supply: Anglian Water Sewerage: Mans Heating: Gas central heating Heating features: No Broadband: As stated by Ofcom, Standard, Superfast and Ultrafast is available.
Mobile coverage: As stated by Ofcom, Indoor - EE is Likely over Voice and Data. Three is Limited over Voice and Data. O2 is Limited over Voice and Data. Vodafone is Limited over Voice and Data.
Mobile coverage: As stated by Ofcom, Outdoor - EE is Likely over Voice and Data. Three is Likely over Voice and Data, O2 is Likely over Voice and Data. Vodafone is Likely over Voice and Data.
Parking: Allocated parking Building safety issues: No Restrictions: No Public right of way: No Flood risk: Surface water - low. Rivers and the sea - medium.
Other flood risks - Groundwater - flooding from groundwater is unlikely in this area. Reservoirs - flooding from reservoirs is unlikely in this area.
Coastal erosion risk: No Planning permission: Please refer to South Holland District Council Planning Portal for any planning applications.
Accessibility and adaptations: No Coalfield or mining area: No Energy Performance rating: C77 Viewing Arrangements - Viewing is by appointment with Ark Property Centre only.
We suggest you call our office for full information about this property before arranging a viewing.
Offer Procedure - Please note: before an offer is agreed on a property you will be asked to provide I.D and proof of finance, in compliance Money Laundering Regulations 2017 (MLR 2017).
The business will perform a Money Laundering Check as part of its Money Laundering Policy.
If a cash offer is made, which is not subject to the sale of a property, proof of funds will be requested or confirmation of available funds from your solicitor.
Ark Property Centre - If you are thinking about selling your property or are not happy with your current agent - we can offer a FREE valuation service with no obligation.
Referral & Fee Disclosure We can also offer full Financial and Solicitor services. We have strong relationships with a panel of trusted solicitors and mortgage advisors.
Because we refer a high volume of work to them, they’re able to provide our clients with preferential service and competitive rates.
If we introduce you to one of these solicitors or mortgage advisors, we may receive a referral fee of between £100 and £250.
We only work with firms we trust to deliver high-quality advice and good value.
You are free to use any solicitor or mortgage advisor you choose, but we hope you find our recommended panel competitive and helpful.
Disclaimer - These particulars, whilst believed to be accurate are set out as general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has authority to make or give representation or warranty in respect of the property. These details are subject to change.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
About Chamomile Way, Spalding
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