3-bedroom house · PE11 1WN
Listing removedListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Errol is a 3-bedroom home, ideal for couples or young families moving up the housing ladder.
The entrance hallway leads to a spacious dining kitchen and guest cloakroom, flowing into a light and airy sitting room with French doors opening onto the rear garden.
On the first floor, a well-proportioned bedroom with generous fitted wardrobes is perfect for guests alongside a family bathroom with separate bath and shower.
A further bedroom could serve as a home office or nursery. The top floor is dedicated to the master bedroom, which enjoys privacy, fitted wardrobes and an en-suite shower room.
This home also features an electric vehicle charging point, solar panels, and a choice of internal fittings (subject to build stage).
Kitchen/dining 14'5" x 12'0" (4400 x 3665mm max) With a range of fitted units having laminate worktop and matching upstand over, integrated fridge freezer, integrated dishwasher, sink and drainer unit, 2 uPVC double glazed windows.
(A choice of kitchen unit doors, handles, worktops, splashback, sink colour and floor tiles are available subject to build stage at the time of reservation) sitting room 10'10" x 15'7" (3300 x 4765mm max) With uPVC double glazed French doors with glazed side panels leading into the rear garden.
Hall 6'10" x 3'11" (2100 x 1200mm) With stairs leading to the first floor with built in cupboard under. W.C. 3'3" x 5'11" (1000 x 1800mm) With low flush w.c.
And wash hand basin with splashback wall tiling over. Bedroom 2 13'1" x 9'0" (4000 x 2750mm) With uPVC double glazed window.
Bedroom 3 8'9" x 8'0" (2665 x 2700mm) With uPVC double glazed windows, built in wardrobe and cupboard for water cylinder.
Bathroom 8'9" x 7'0" (2665 x 2150mm) With panelled bath having part tiled walls around, shower cubicle, basin and w.c. In vanity unit, heated towel rail and uPVC double glazed window.
(A choice of vanity unit style and colour is available subject to build stage at the time of reservation) master bedroom 11'9" x 13'5" (3665 x 4168mm max) With built in wardrobe and uPVC double glazed window.
En-suite 7'3" x 8'0" (2225 x 2448mm max) With shower cubicle, low flush w.c., wash hand basin in vanity unit, heated towel rail and uPVC double glazed window.
Services Mains electricity, gas, water and drainage are understood to be connected and purchasers are advised to make their own relevant enquiries.
Heating is via gas central heating to radiators, solar panels are fitted within the build and provisions have been made for broadband and telephone connections by purchasers choice of provider.
Disclaimer All marketing plans, images and brochures have been provided for marketing and guidance purposes only and specific plot specifications will be provided by the on-site sales team at the time of reservation.
Value & comps
No previous sales on record.
Returns
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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 330 Errol, Buchan Way, Spalding
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