2-bedroom terraced house · PE11 3GT
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXCEPTIONAL FIRST TIME BUY OR INVESTMENT OPPORTUNITY - NO CHAIN Modern End-Terraced Gem in Prime Spalding Location INVESTORS TAKE NOTE: Rental Income: £900-£950 PCM (£10,800-£11,400 per annum) This pretty modern end-terraced property on the sought-after Bluebell Close represents an opportunity to secure either your dream first home or a premium investment property that will attract plenty of high quality tenants.
Why First-Time Buyers Will Love This Home Move-in ready - no costly renovations or updates needed 2 generous bedrooms - perfect for growing families or home office space Contemporary open-plan lounge/diner - ideal for modern living and entertaining Family bathroom PLUS ground floor cloakroom - practical luxury for busy households Allocated parking - invaluable in today's market, no street parking stress Low maintenance garden - more time for life, less time on upkeep End terrace - a home with lovely kerb appeal, natural light, and that 'home not house "feel" Why Investors Are Calling This a 'Must-Have' Property Premium rental location - Spalding's desirable residential area with strong tenant demand Tenant magnet features - modern specification attracts quality, long-term tenants Minimal void periods - properties like this rent quickly and retain tenants Low maintenance - modern build means fewer costly repairs Strong capital growth potential - end-terraced properties in established areas consistently outperform Immediate rental readiness - start earning quickly The Numbers That Matter: Monthly Rental Income: £900-£950 Annual Rental Income: £10,800-£11,400 Property Type: High-demand 2-bed configuration Location Premium: Established Spalding residential area Chain-Free Sale - Whether you're a cash investor looking for immediate completion or a first-time buyer with mortgage approval, your purchase can move fast.
Please note, the current occupants are in the process of moving out so it is not as tidy as usual!
This is the type of property that ticks every box: beautiful enough to call home, profitable enough to build wealth.
In today's market, finding a property that delivers both lifestyle and investment returns at this level is increasingly rare.
Early viewing essential - properties of this calibre don't stay available long.
Brief Description UPVC door to Entrance Hall - stairs to first floor doors off to kitchen, lounge and cloakroom Cloakroom - low level wc wash hand basin radiator Kitchen - 2.68m x 2.16 m - range of base and wall mounted units.
Wall mounted boiler, Single drainer sink unit Space and plumbing for washing machine UPVC window to front Lounge diner - 4.9 x 3.94 at widest points. UPVC door to rear garden UPVC window to rear.
Landing Bedroom 1 - 3.65m x 3.18m (at widest points) UPVC window to front Radiator Bedroom 2 - 2.6 x 28m (at widest points) UPVC window to rear Radiator Bathroom - low level wc wash hand basin shower cubicle panelled bath UPVC window to rear Outside Front garden - enclosed by wrought iron railing with gate leading to front door.
Decorative stones for low maintenance Rear Garden - Low maintenance enclosed by fencing Gate to rear parking area. Parking - allocated parking in communal parking area to rear of property
Value & comps
No previous sales on record.
Returns
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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.
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