2-bedroom terraced house · PE21 6ST
Sold STCListed 12 days
Opportunity summary
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About
***sold stc prior to marketing*** A large mid-terrace property situated in close proximity to Boston town centre, being offered for sale with no onward chain.
The property requires modernisation and refurbishment and provides well-proportioned accommodation comprising a lounge, dining room, kitchen, utility room and ground floor cloakroom, with two large double bedrooms and a four-piece family bathroom to the first floor.
The property benefits from gas central heating and UPVC double glazing, with the exception of the front entrance door and the ground floor cloakroom window.
Entrance Lobby Having a partially obscure glazed front entrance door, ceiling light point and access into the: - Lounge 13' 3" (maximum) x 12' 6" (maximum) (4.04m x 3.81m) With window to the front aspect, radiator, ceiling light point, ornamental fireplace with surround.
Inner Lobby With staircase leading to the first floor, access to the: - Dining Room 13' 3" x 12' 5" (4.04m x 3.78m) With window to the rear aspect, radiator, ceiling light point, under stairs storage cupboard housing the electric fuse box.
Kitchen 12' 5" (maximum) x 6' 10" (maximum) (3.78m x 2.08m) Having work surfaces with stainless steel one-and-a-half bowl sink and drainer with mixer tap, a range of base level storage units, drawer units and wall units, window to the side aspect, obscure glazed door side entrance door, and ceiling light point.
Utility Room 10' 5" x 7' 4" (3.17m x 2.24m) Having window to the side aspect, work surface with plumbing for an automatic washing machine beneath and vent for a tumble dryer, further built-in larder-style unit, space for a twin-height fridge freezer, ceiling-mounted strip light, wall-mounted Ideal Logic central heating boiler and extractor fan.
Ground Floor Cloakroom Having WC, window to the rear aspect and ceiling light point. First Floor Landing Having access to the loft space and two ceiling light points.
Bedroom One 16' 1" (including built-in wardrobes) x 12' 6" (including built-in wardrobes) (4.90m x 3.81m) Having two windows to the front aspect, radiator and ceiling light point, built-in wardrobes with hanging rails and shelving within.
Bedroom Two 11' 0" x 12' 5" (3.35m x 3.78m) Having window to the rear aspect, radiator, ceiling light point, walk-in wardrobe having hanging rail and lighting within.
Bathroom 12' 4" (maximum) x 7' 0" (maximum) (3.76m x 2.13m) Being fitted with a four-piece suite including shower cubicle with wall-mounted electric shower within, push-button WC, pedestal wash hand basin and panelled bath, obscure glazed window to the rear aspect, ceiling light point, airing cupboard housing the hot water cylinder and shelving within.
Exterior The property benefits from a rear garden, initially comprising a concrete hardstanding area leading to the remainder, with gravel pathway, planted and shrub borders.
Agents Note Prospective purchasers should be aware that there is a right of way for the neighbouring property, giving access to the front for purposes including wheelie bins, bicycles and similar access.
Services Mains gas, electricity, water and drainage are connected. Reference 29092026/30827434/par
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
Agent & docs
FAQ
About 51, Main Ridge East, Boston
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