2-bedroom detached house · PE23 5PT
Under offerListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A DETACHED COTTAGE WITH TWO DOUBLE BEDROOMS IN A TUCKED AWAY LOCATION WITH NO NEAR NEIGHBOURS SET IN APPROX.
5.3 ACRES A RANGE OF OUTBUILDINGS INCLUDING TIMBER STABLES, IDEAL FOR SMALLHOLDING OR PRIVATE EQUESTRIAN USE.
Detached Cottage with Two Double Bedrooms Formal Gardens and Summerhouse Ideal for Smallholding or Private Equestrian Use Rural Location Along a Private Track, Surrounded by Its Own Land with No Near Neighbours Range of Outbuildings including Timber Stables Grazing Land Approx.
5.3 Acres In All Under Offer A detached cottage with two double bedrooms in a tucked away location with no near neighbours set in approx.
5.3 acres a range of outbuildings including timber stables, ideal for smallholding or private equestrian use.
Located just outside the market town of Spilsby within the village of Great Steeping which is bordered on two sides by the Lincolnshire Wolds AONB, and has two churches and a primary school and sits east of Spilsby.
The active market town of Spilsby has a good range of shops and facilities, and the seaside town of Skegness is easily accessible.
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 Great Steeping LINCOLNSHIRE
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