3-bedroom detached house · PE11 1QF
For saleReduced £10.1k (−3.9%) on 20 MayListed 223 days
Opportunity summary
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About
40 PINCHBECK ROAD Elegant older style detached house in central town location. Established gardens and gated off-road parking.
2 reception rooms, breakfast kitchen, utility room, laundry, cloakroom, master bedroom with en-suite shower, 2 further bedrooms and bathroom. Requires further updating and modernisation.
No onward chain.
ACCOMMODATION Through the part glazed front entrance door to: RECEPTION HALL 15' 1" x 4' 11" (4.61m x 1.51m) Coved cornice, double radiator, exposed floorboards, ceiling light, door to: SITTING ROOM 16' 6" x 16' 6" (5.05m x 5.05m) plus bay window with fitted blinds.
Dado rail, picture rail, small window to the side elevation, radiator, log burner (not tested).
From the Reception Hall decorative arch into: INNER HALLWAY Radiator, ceiling light, understairs store cupboard, staircase off, door to: DINING ROOM 13' 10" x 14' 0" (4.22m x 4.27m) Log burner set within chimney breast (not tested), radiator, dado rail, sash window to the rear elevation, small window to the side elevation, ceiling light, exposed floorboards.
LOBBY Part glazed external entrance door, door to: PANTRY 4' 4" x 5' 1" (1.33m x 1.57m) Obscure glazed window, ceiling light, fitted shelves, double power point.
KITCHEN/BREAKFAST ROOM 12' 9" x 10' 4" (3.90m x 3.15m) 2 windows to the side elevation, fluorescent strip light, range of fitted base cupboards and drawers beneath the roll edged worktops with inset single drainer stainless steel sink unit with mixer tap, intermediate wall tiling, matching eye level wall cupboards, electric oven, electric hob, concealed cooker hood, ceramic floor tiles, radiator, door to: UTILITY ROOM 8' 1" x 10' 4" (2.47m x 3.15m) Single drainer stainless steel sink unit, worktop, plumbing and space for washing machine, further appliance space, base cupboards, wall mounted Worcester gas fired central heating boiler, radiator, fluorescent strip light, side window, door to: LAUNDRY 7' 8" x 5' 0" (2.36m x 1.53m) Belfast sink with hot and cold taps, window to the rear elevation, radiator, door to: CLOAKROOM 4' 9" x 7' 4" (1.47m x 2.25m) Pedestal wash hand basin, low level WC, half tiled walls, ceiling light, obscure glazed window, radiator.
From the Inner Hallway the carpeted staircase rises to a: HALF LANDING Staircase up to: FIRST FLOOR LANDING Double radiator, window to the side elevation with coloured leaded light features, decorative coving, door through a Lobby into: MASTER BEDROOM 13' 2" x 16' 7" (4.02m x 5.08m) maximum 2 windows to the front elevation, one window to the side elevation, 2 radiators, ceiling light, coved cornice, wardrobe and storage cupboard.
EN-SUITE SHOWER ROOM 11' 8" x 4' 10" (3.58m x 1.49m) Hand basin set within vanity unit with cupboards and drawers beneath, fitted mirrors, low level WC, corner shower cubicle with Triton electric shower, double radiator, windows to the front and side elevations.
AGENTS NOTE This En-Suite Shower Room and adjacent Lobby was formerly a fourth bedroom which could be returned to this use if required.
BEDROOM 2 12' 7" x 14' 0" (3.86m x 4.28m) Sash window to the rear elevation, radiator.
From the Half Landing stairs lead to the rear where there is a: FURTHER LANDING With radiator, window, doors arranged off to: BEDROOM 3 10' 3" x 11' 8" (3.13m x 3.56m) maximum Window to the side elevation, fitted Airing Cupboard with hot water cylinder, radiator, ceiling light.
BATHROOM 6' 2" x 7' 3" (1.88m x 2.22m) Three piece suite comprising panelled bath with shower attachment, low level WC, wash hand basin, half tiled walls, radiator, ceiling light, shaver point.
EXTERIOR At the front of the property there is an enclosed lawned garden with low brick wall and decorative wrought iron railings, hand gate and then a side hand gate adjacent to the property itself leads to a passageway with further gate to: COURTYARD/PATIO AREA Fencing to the side boundary, outside tap, outside lighting, beyond which is a store shed and lawned garden with pathway to the side.
OFF-ROAD PARKING Sliding gate from the access road into the Castle Sports Complex opening on to an off-road parking area for at least 2 cars (this could potentially be extended by taking part of the current lawned area if required).
DIRECTIONS From the Agents offices walk up to the traffic lights, turn left on to Pinchbeck Road and the property is situated on the right hand side opposite the traffic lights adjacent to the access road into the Castle Sports Complex.
AMENITIES The town centre is within a stone's throw from the property and offers a full range of shopping, banking, leisure, commercial, educational and medical facilities along with bus and railway stations.
Peterborough is 18 miles to the south and has a fast train link with London's Kings Cross minimum journey time 46 minutes. SERVICES Mains electricity, water and drainage. Gas central heating.
AGENTS NOTE The property is situated in a central town location immediately adjacent to the access road into the Castle Sports Complex and situated adjacent to the busy Pinchbeck Road and traffic lights.
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.
Area
Agent & docs
FAQ
About 40, Pinchbeck Road, Spalding
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