2-bedroom terraced house · PE11 3WT
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION Part glazed front door to Entrance hallway, Inset floor mat, wooden effect vinyl flooring, radiator, stairs to first floor landing.
CLOAKROOM Low level WC with concealed flush, pedestal wash hand basin, complimentary splash back tiling, wooden effect vinyl flooring, radiator.
KITCHEN 7' 7" x 9' 4" (2.31m x 2.84m) Fitted wall mounted and floor standing cupboards, including deep pan drawers, complimentary fitted worktop and splash backs, inset one and a quarter bowl stainless steel sink and drainer with mixer taps, four ring gas hob with extractor canopy over, electric oven, integrated fridge and freezer, integrated washing machine, wooden effect vinyl flooring, inset ceiling spot lights.
LOUNGE/DINER 12' 9" x 15' 0" (3.89m x 4.57m) TV point, telephone point, two radiators, deep under stairs storage cupboard, French doors opening to rear garden.
FIRST FLOOR LANDING Access to roof storage space, built in storage cupboard. BEDROOM 1 10' 1" x 10' 9" (3.07m x 3.28m) Built in wardrobes, TV point, radiator, window to front.
ENSUITE SHOWER Enclosed shower cubicle with glass screen, low level WC with concealed flush, pedestal wash hand basin, complimentary splash back tiling, wooden effect vinyl flooring, extractor fan, inset ceiling spot lights, radiator.
BEDROOM 2 7' 11" x 10' 2" (2.41m x 3.1m) Radiator, window to rear.
BATHROOM Panelled bath with mixer shower attachment, low level WC with concealed flush, pedestal wash hand basin, complimentary splash back tiling, wooden effect vinyl flooring, radiator, inset ceiling spot lights, extractor fan.
EXTERNALLY At the front of this property there is an allocated parking space. At the rear of the house is a fully enclosed rear garden which is mostly laid to lawn and includes a timber garden shed.
DIRECTIONS From Spalding Town Centre, proceed along Pinchbeck Road, at the second set of traffic lights, turn left into Woolram Wygate.
Continue onto Wygate Park then taking a left turn into Claudette Avenue. Turn left onto Nicollette Way then turn left into Witham Road.
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.
Area
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FAQ
About Witham Road , Spalding
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