We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · PE11 3YW
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the popular area of Palgrave Way, Pinchbeck, this modern end terrace house, built in 2019, offers a perfect blend of comfort and convenience.
With three well-proportioned bedrooms, including a master suite complete with an en-suite shower room and built-in wardrobes, this home is ideal for families or those seeking extra space.
The property features a spacious double aspect lounge diner, providing a bright and airy atmosphere for relaxation and entertaining.
The contemporary kitchen is designed for modern living, while the stylish main bathroom and convenient downstairs cloakroom add to the practicality of the home.
Outside, you will find enclosed rear gardens, perfect for enjoying the outdoors in privacy. The property also benefits from solar panels, contributing to energy efficiency and sustainability.
Parking is a breeze with two designated spaces right outside your front door.
Situated in a popular estate location, this home is within walking distance to a local playing green, making it an excellent choice for families.
Additionally, you are just a short stroll away from Morrisons supermarket, ensuring that daily shopping needs are easily met.
For further amenities, the charming village of Pinchbeck is only a five-minute drive away, where you will find a Spar shop, Hargraves butchers, a hairdresser, and a primary school.
This property is available under a 50% shared ownership scheme, making it an attractive option for first-time buyers or those looking to step onto the property ladder.
With its modern features and convenient location, this home is not to be missed.
Entrance Hall Composite obscured double glazed front door into the entrance hall which has stairs leading off to the first floor accommodation, radiator, power points, fuse box, telephone points and skimmed ceiling.
Kitchen (3.05m’0.91m x 2.44m’0.00m (10’3 x 8’0)) UPVC double glazed window to the front, base and eye level units with work surface over, sink and drainer with mixer tap over, integrated electric oven and grill with a four burner gas hob and extractor over, space and points for fridge freezer, washing machine and tumble dryer, tiled splash back, radiator and skimmed ceiling with inset spotlights.
Lounge Diner (4.57m’1.52m x 4.57m’0.00m x 3.35m’2.13m (15’5 x 15) Double aspect with a UPVC double glazed window to the side and UPVC double glazed three doors onto the rear garden, radiator, power points, media plate, skimmed ceiling, under stairs storage cupboard and cloakroom.
Cloakroom Wc Push button flush, pedestal wash hand basin with mixer taps over and tiled splashback, radiator and skimmed ceiling with extractor fan. Landing Power points and loft hatch.
Bathroom UPVC obscured double glazed window to the side, panel bath with mixer tap over and shower attachment, WC with push button flush, pedestal wash hand basin with mixer taps over, wall mounted heated towel rail, skimmed ceiling with inset spotlights and extractor fan.
Bedroom 1 (3.05m x 2.90m upto built in wardrobes (10'0 x 9'6) UPVC double glazed window to the rear, radiator, power points, TV points, skimmed ceiling and built in wardrobes with shelving and hanging space including controls for the solar panels.
(Measurements up to built-in wardrobes) Ensuite UPVC obscured double glazed window to the rear, pedestal wash hand basin with mixer tap over, WC with push button flush, wall mounted heated towel rail, separate shower cubicle which has a fixed rain style showerhead and inset shelving.
Bedroom 2 (2.95m x 2.44m (9'8 x 8'0 )) UPVC double glazed window to the front, radiator and power points Bedroom 3 (2.01m x 1.96m (6'7 x 6'5)) UPVC double glazed window to the front, radiator, power points and boiler cupboard.
Outside The property has two off-road parking spaces to the front of the property, solar panels, side gates and access to the rear garden which has a patio seating area and the rest is laid to lawn.
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
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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 5, Palgrave Way, Spalding
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