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See how verdicts work3-bedroom house · PE23 5NH
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
22 Raithby Road is a spacious, three-bedroom semi detached property requiring a scheme of updating.
Located to the northern edge of this popular village, the property enjoys a bright East-West facing position with garden and driveway to the front and a lawned garden to the rear.
Accommodation comprises: entrance hallway, lounge, dining kitchen; bathroom, utility, side hallway and boiler room to the ground floor; three bedrooms above including master with w/c and front aspect to the mature horse chestnut tree and hillside farmland behind.
Lounge - Having uPVC double glazed bay window to front, light to ceiling. Tiled fireplace, radiator, multiple power points.
Kitchen / Dining Room - 10'1" x 19'8" - With uPVC double glazed windows to side and rear, lights to ceiling. Storage units to base and wall levels, sink and drainer to roll edge worktop.
Carpet, radiator, multiple power points. Open fronted, under stairs storage space. Utility - 12'5" x 7'0" - Having uPVC double glazed windows to front and side, light to ceiling.
Storage units to base and wall levels, roll edge worktop. Sink and drainer. Multiple power points. Boiler Room - 2'11" x 7'7" - With light to ceiling, wall mounted boiler, hot water cylinder.
Bathroom - 6'7" x 7'3" - With obscure glazed window to side, light to ceiling. Low level wc, pedestal sink, bath with shower over and tiled surround. Vinyl flooring, radiator.
Bedroom 1 - 10'10" x 14'11" - With uPVC double glazed window to front, light to ceiling. Feature fireplace, built in storage space and wood door to W/C with pedestal sink.
Carpet, radiator, multiple power points. Bedroom 2 - 11'2" x 10'1" - Having uPVC double glazed window to rear, light to ceiling. Carpet, radiator, multiple power points. Built in storage.
Bedroom 3 - 7'8" x 9'1" - Having uPVC double glazed window to rear, light to ceiling. Carpet, radiator, multiple power points.
Outside - The property is approached through vehicle gates and up a driveway suitable for two vehicles, leading to gravelled parking and turnaround space and the garage.
The front garden is lawned with a mature horse chestnut tree before the hedged boundary and is complete with a small pond and flower bed.
The rear garden is lawned with mature borders, contained by mixed fencing to the sides and rear. Leading off the side of the property is a lean-to greenhouse while to the rear corner is a timber shed.
Garage - 17'8" x 9'8" - Of sheet construction; with up and over door to front and door to side.
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
Agent & docs
FAQ
About 22 Raithby Road, Hundleby, Spilsby
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