4-bedroom house · PE11 1QP
Listing removedReduced £25k (−8.3%) on 21 JunListed 508 days
Opportunity summary
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About
Being offered for sale with no onward chain, this four bedroom detached family home oozing charm and character is situated in the ideally located Sherwood Drive being within walking distance to Spalding town centre and Springfields, giving easy links to A17.
Boasting a generous garden to the rear, ideal for dogs /pets and or children, this property offers an abundance of potential.
Having spacious and versatile living accommodation briefly comprising Entrance Hallway with original floor, Lounge with folding doors acting as a room divider and opening to the Dining Room with door to the Breakfast Kitchen which leads on to a Rear Entrance Porch, giving access to a spacious Utility with the addition of a downstairs WC.
Upstairs there are Four good sized Bedrooms, three of which have built in wardrobes, a Family Bathroom and Shower Room.
Outside to the rear the enclosed and generous garden is mostly laid to lawn with a variety of shrubs, a timber storage shed and a paved patio seating area.
There is off road parking to the front giving access to the garage and a further lawned area with mature trees and shrubs.
Entrance Hall 4.81m x 2.12m - 15'9” x 6'11” Lounge 4.81m x 4.45m - 15'9” x 14'7” Dining Room 3.04m x 3.62m - 9'12” x 11'11” Breakfast Room 3.04m x 2.95m - 9'12” x 9'8” Kitchen 3.63m x 2.41m - 11'11” x 7'11” Utility/WC 1.51m x 2.06m - 4'11” x 6'9” First Floor Landing 3.72m x 2.12m - 12'2” x 6'11” Bedroom 1 4.4m x 4.32m - 14'5” x 14'2” Bedroom 2 3.63m x 4.7m - 11'11” x 15'5” Bedroom 3 2.36m x 5.03m - 7'9” x 16'6” Bedroom 4 3.64m x 1.43m - 11'11” x 4'8” Shower Room 1.75m x 2.4m - 5'9” x 7'10” Bathroom 1.66m x 2.55m - 5'5” x 8'4” Garage 5.39m x 2.44m - 17'8” x 8'0”
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 76, Sherwood Drive, Spalding
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