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See how verdicts work3-bedroom house · PE12 9PJ
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary being sold with no onward chain. Three double bedroom detached property, needing modernisation. Quiet & Rural location, good sized plot. Three reception rooms & rear conservatory.
Family bathroom & WC. Ample off road parking, integral double garage/workshop. Enclosed Garden to side & rear.
Description Needing modernisation and occupying a good sized plot, this three double bedroom detached house is situated in the quiet rural area of Gedney Drove End.
Having spacious and flexible ground floor accommodation including a 30ft long kitchen diner and a 27ft wide lounge diner, there are two additional reception rooms, a conservatory and a downstairs WC.
Upstairs the property benefits from three large double bedrooms and a good sized family bathroom with three piece suite.
Externally there is ample off road parking, an integral double garage/workshop and a fully enclosed garden to the side and rear.
Entrance Porch Lounge/Diner 13' 10" x 27' 1" ( 4.22m x 8.26m ) having brick fireplace with open fire.
Kitchen/Diner 30' 4" x 9' 10" ( 9.25m x 3.00m ) having range of units at wall and base level, worktops with one and half bowl sink. Space for double range cooker with gas hob.
Space for fridge, freezer and dishwasher. Utility Room 7' 10" x 7' 4" ( 2.39m x 2.24m ) having space for washing machine and tumble drier. Side door access to the property.
Snug 9' 7" x 12' 2" ( 2.92m x 3.71m ) having brick fireplace with open fire. Sliding door to rear. Study 9' 10" x 13' 9" ( 3.00m x 4.19m ) having spiral staircase to first floor.
Cloakroom having low level WC and wash hand basin. Conservatory having side door to garden.
Bedroom 1 13' 10" x 15' 10" ( 4.22m x 4.83m ) having fitted shower cubicle with thermo shower, vanity unit with sink.
Bedroom 2 13' 11" x 10' 9" ( 4.24m x 3.28m ) Bedroom 3 9' 10" x 11' 6" ( 3.00m x 3.51m ) Bathroom having bath with mixer tap and shower attachment over, low level WC and wash hand basin.
Tiled floor, shaving point and loft access. Garage And Workshop having double doors to front with internal access from Conservatory.
Outside the property is accessed via a 5 bar gate with off road parking for multiple vehicles. The rear garden is enclosed by fencing with timber garden shed.
Garage And Workshop having double doors to front with internal access from Conservatory. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
About Choices Folly, Marsh Road, Spalding
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