2-bedroom bungalow · PE11 1QX
Listing removedListed 71 days · slow let
Opportunity summary
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About
A well-presented two-bedroom bungalow situated in a convenient town centre location. The property comprises two double bedrooms, shower room, lounge and kitchen, with a rear garden.
Externally, there is a garage and large off-road parking area, providing ample space for multiple vehicles. Ideally located close to local shops, amenities and transport links. Deposit £1125.00.
Entrance Hall - Accessed via a UPVC front door, the entrance hall provides access to the lounge, kitchen, shower room and both bedrooms.
The hallway benefits from a useful storage cupboard and LVT flooring.
Lounge - 3.38m × 3.98m (11'1" × 13'0") - A comfortable lounge featuring carpeted flooring, UPVC windows to the front and side aspects providing plenty of natural light, and an electric fire creating a cosy focal point.
Kitchen - 3.66m × 2.77m (12'0" × 9'1") - The kitchen features tiled flooring, a range of base and eye-level units, electric hob and oven.
A UPVC window overlooks the rear aspect, with a UPVC door providing direct access to the enclosed rear garden.
Shower Room - 1.83m × 1.63m (6'0" × 5'4") - The shower room benefits from tiled flooring, UPVC window to the rear aspect, hand basin with vanity unit, WC and shower.
Bedroom One - 3.66m × 3.56m (12'0" × 11'8") - A good-sized double bedroom with carpeted flooring, radiator and UPVC window overlooking the front aspect.
Bedroom Two - 3.07m × 3.30m (10'0" × 10'9") - A second double bedroom featuring carpeted flooring, radiator and UPVC window overlooking the rear aspect.
Exterior - The property benefits from an enclosed rear garden with shed, as well as a front garden.
There is also a garage and large off-road parking area, providing excellent parking and storage options.
Additional Information - PLEASE NOTE: All photos are property of Ark Property Centre and can not be used without their explicit permission.
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Disclaimer - These particulars, whilst believed to be accurate are set out as general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has authority to make or give representation or warranty in respect of the property. These details are subject to change.
Property Postcode - For location purposes the postcode of this property is: PE11 1QX Verified Material Information - Council tax band: B Property construction: Brick Electricity supply: Mains Solar Panels: No Other electricity sources: No Water supply: Mains Sewerage: Mains Heating: Gas central heating Broadband: As stated by Ofcom, EE, o2, Vodafone and Three are good outdoor and in-home Mobile coverage: As stated by Ofcom, Standard, Superfast, and Ultrafast are available Parking: Driveway and Single Garge Building safety issues: No Restrictions: No Public right of way: No Flood risk: Surface water - very low.
Rivers and the sea - medium. Other flood risks - Groundwater - This location is outside of a groundwater flood alert area.
Reservoirs - Flooding from reservoirs is unlikely in this area Coastal erosion risk: No Planning permission: Please refer to South Holland District Council for any local planning applications Accessibility and adaptations: No Coalfield or mining area: No Energy Performance rating: D
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Park Avenue, Spalding
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