We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · PE12 7LG
Listing removedReduced £10k (−5.3%) on 7 AugListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented three bedroom detached bungalow ideally situated within easy reach of Holbeach town centre and its local amenities.
This spacious home offers an inviting entrance hall leading to a bright bay-fronted lounge, a well-appointed kitchen complete with utility room and pantry, and three generously sized bedrooms.
The principal bedroom benefits from its own ensuite, complemented by a separate family bathroom.
Externally, the property provides ample off-road parking for multiple vehicles, a single garage, and a private rear garden perfect for relaxing or entertaining.
This is an excellent opportunity for those seeking a comfortable and conveniently located bungalow ready to move straight into.
Entrance Hall - 5.88m x 1.44m (19'3" x 4'8") - PVC double glazed entrance door with glazed side panel, coving to ceiling, loft access, radiator.
Built in airing cupboard with hot water cylinder and slatted shelving. Lounge - 4.87m x 3.60m (15'11" x 11'9") - PVC double glazed bay window to front, coving to ceiling, two radiators.
Kitchen - 2.70m x 3.42m (8'10" x 11'2") - PVC double glazed window to rear, coving to ceiling, vinyl flooring, radiator.
Recently re-fitted kitchen with a matching range of base and eye level units with roll edge work surfaces and matching upstand, four ring Bosch induction hob with stainless steel Bosch extractor hood over, stainless steel sink and drainer with chrome mixer tap over, integrated eye level Bosch oven and grill, freestanding fridge freezer.
Opening to utility room. Utility Room - 1.70m x 2.65m (5'6" x 8'8") - PVC double glazed window and door to rear, coving to ceiling, vinyl flooring, radiator. Doors to pantry and garage.
Fitted eye level units and worktop space with stainless steel sink and drainer, extractor fan, space and plumbing for washing machine, washing machine to be included in sale.
Pantry 0.85m x 1.72m with shelving. Bedroom 1 - 4.44m x 3.17m (14'6" x 10'4") - PVC double glazed window to rear, coving to ceiling, radiator, wardrobes. Door to ensuite.
En-Suite - 1.15m x 2.73m (3'9" x 8'11") - PVC double glazed window to side, coving to ceiling, extractor fan, radiator, shaver point.
Fitted walk in shower enclosure with glass sliding door and mains shower, close coupled toilet with push button flush and pedestal wash hand basin with chrome taps and tiled splashback.
Bedroom 2 - 3.16m x 3.54m (10'4" x 11'7") - PVC double glazed window to front, coving to ceiling, radiator, wardrobe.
Bedroom 3 - 2.16m x 3.55m (7'1" x 11'7") - PVC double glazed window to side, coving to ceiling, radiator. Bathroom - 1.69m x 2.23m (5'6" x 7'3") - PVC double glazed window to rear.
Coving to ceiling, extractor fan, radiator, shaver point.
Fitted walk in shower enclosure with glass sliding door and mains shower, close coupled toilet with push button flush and pedestal wash hand basin with chrome taps and tiled splashback.
Outside - To the front of the property is a generous driveway providing off road parking for multiple vehicles and leading to single garage.
There is side gated access to the rear garden which is enclosed by timber fence and landscaped with low maintenance in mind to include gravel and patio seating areas with planted borders.
There is outside lighting and cold water tap available.
Garage - 4.93m x 2.79m (16'2" x 9'1") - PVC double glazed window, up and over door to front, wall mounted electric consumer unit and wall mounted Worcester mains gas central heating boiler.
Council Tax Band: D Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
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FAQ
About 5, Hallgate, Spalding
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