2-bedroom semi-detached house · PE11 3TH
Listing removedListed 188 days
Opportunity summary
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About
*** IDEAL FIRST TIME BUY OR INVESTMENT OPPORTUNITY *** This well presented two double bedroom home is located in the sought-after village of Deeping St Nicholas, offering convenient access to Market Deeping and Spalding.
The accommodation briefly comprises an entrance hall, refitted kitchen, downstairs cloakroom, and a spacious lounge/diner with sliding doors opening onto the enclosed rear garden.
Upstairs, there are two double bedrooms and a modern shower room. Externally, the property benefits from a driveway providing off road parking, leading to a single garage with an electric roller door.
The enclosed rear garden also features a timber summerhouse, ideal for home working or as additional versatile space.
Further benefits include network points installed on both the ground and first floors, providing excellent connectivity. EPC Energy Rating D / Council Tax Band B.
Deeping St Nicholas Deeping St Nicholas is a friendly rural village in Lincolnshire, located just a short drive from the bustling market towns of Spalding and Market Deeping.
Within the village itself, there is a handy convenience store, Deeping St Nicholas Primary School, and the popular The Vine House Farm Shop, renowned for its fresh British produce and on-site café.
Spalding town centre is approximately 10 minutes away and provides an excellent range of shops, restaurants, and family-friendly attractions.
Highlights include Adventure Land and Fun Farm for younger visitors, along with Ayscoughfee Hall Museum and Gardens, which offers a glimpse into local history alongside exhibitions from emerging and local artists.
The village is also well connected, with the A1175 providing direct links to the A1, A47, A16 and A17, making travel to nearby cities such as Peterborough, Lincoln, Nottingham and Sheffield straightforward.
For those commuting by rail, Spalding train stat... Entrance Hall Door to front, radiator, tiled flooring and stairs to first floor accommodation.
Downstairs Cloakroom Fitted with two piece suite comprising wall mounted wash hand basin with tiled splashbacks and low level WC. Radiator and tiled flooring.
UPVC double glazed window to front. Kitchen Fitted with a range of eye level and base units with worktops over and tiled splashbacks.
Stainless steel sink with 1/2 bowl and inset drainer with swan neck mixer tap over. Double oven with gas hob and extractor hood over. Space and plumbing for washing machine and fridge/freezer.
Inset spotlights to the ceiling and tiled flooring. UPVC double glazed window to the front.
Lounge / Diner 14' 7" x 12' 9" (4.45m x 3.89m) (approx.) UPVC double glazed sliding door to rear, radiator and coving to the ceiling. Landing Loft access.
Bedroom One 12' 9" x 8' 11" (3.89m x 2.72m) (approx.) UPVC double glazed window to the rear. Radiator.
Bedroom Two 9' 6" x 8' 3" (2.90m x 2.51m) (approx.) UPVC double glazed window to the front. Built-in wardrobe and radiator.
Shower Room Fitted with a three piece suite comprising walk-in oversized shower with rainfall showerhead over and shower screen, vanity wash hand basin and low level WC.
Fully tiled, modern heated towel rail, extractor fan, illuminated mirror and inset spotlights to the ceiling. UPVC double glazed window to the side.
Outside To the front, a pathway leads to the entrance door, complete with a storm canopy and external lighting. The driveway runs alongside the property, providing access to a single garage.
The rear garden is enclosed by a combination of walling and timber fencing, featuring a lawn, patio area, and an additional gravelled section.
A versatile summerhouse offers potential as a home office or additional seating space.
Garage Equipped with light and power connection, an electric roller door, and a personnel door provides convenience access from the garage into the garden.
Agents Note The floor plan is for illustrative purposes only. Fixtures and fittings may not represent the current state of the property. Not to scale and is meant as a guide only.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Wheatsheaf Court, DEEPING ST NICHOLAS, Spalding, PE11
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