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See how verdicts work3-bedroom semi-detached house
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated towards the end of a cul-de-sac in a popular residential area, this well-positioned semi-detached house is ideal for families, first-time buyers or those looking to take their next step on the property ladder.
The ground floor comprises an entrance hall, cloakroom, lounge, separate dining room and kitchen, with three bedrooms and a family bathroom to the first floor.
Outside, the property benefits from an enclosed rear garden, a garage to the rear with off-road parking to the front.
Further advantages include gas central heating, double glazing and solar panels with ongoing income until 2037 The property also has the added benefit of no onward chain , allowing for a potentially smoother purchase.
Accommodation Part glazed front entrance door through to the: Entrance Hall Having radiator and staircase rising to first floor. Cloakroom Having radiator, close coupled WC and hand basin.
Lounge (4.50m x 3.48m) Having window to front elevation, coved ceiling, two radiators and understairs storage cupboard.
Dining Room (2.79m x 2.12m) Having sliding doors to rear elevation & garden, radiator and tiled floor.
Opening to the: Kitchen (2.80m x 2.32m) Having window to rear elevation, part glazed door to side elevation, inset ceiling spotlights and tiled floor.
Fitted with a range of base & wall units with work surfaces & tiled splashbacks comprising: Stainless steel sink with drainer & mixer tap inset to work surface, cupboards, drawers, space & plumbing for automatic washing machine under, gas fired boiler providing for both domestic hot water & heating over.
Further work surface with inset gas hob, integrated electric oven, cupboards, drawers & space for fridge under, cupboards & concealed extractor over.
First Floor Landing Having built-in airing cupboard. Bedroom One (3.67m x 2.49m) Having window to front elevation, radiator and built-in wardrobe.
Bedroom Two (2.69m x 2.47m) Having window to rear elevation, radiator and built-in wardrobe. Bedroom Three (2.00m x 1.96m) Having window to front elevation and radiator.
Bathroom (1.95m x 1.70m) Having window to rear elevation, radiator, tile effect flooring, shaver point, panelled bath with shower attachment & anti-splash screen over, close coupled WC and pedestal hand basin.
Exterior To the rear of the property there is a garage with off-road parking to the front. Gated access to the: Rear Garden Being enclosed and laid to lawn with a paved patio & footpaths.
Services The property has mains gas, electricity, water and drainage connected. Heating is via a gas fired boiler serving radiators and the property is double glazed.
The current council tax is band B.
The property benefits from solar panels generating approximately 1,100 kWh of electricity annually, with the added advantage of an index-linked Feed-in Tariff providing an income until 2037.
The vendor advises that payments are currently expected to total approximately £876 tax-free for the 2026/27 financial year, in addition to savings on electricity used within the property.
Figures are provided by the vendor as a guide. Lifetime Legal We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Agent's Notes These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Garden Enclosed rear garden
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 1 Franklin Way, Spilsby
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