3-bedroom detached house · PE23 5LF
Listing removedListed 297 days
Opportunity summary
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About
This is a well presented and spacious 1,575 sq ft, three/four double bedroom, two bathroom (and W.C.), two/three reception, detached dormer bungalow, with a layout suitable for a self contained annex and also the potential for one of the receptions as a fourth double bedroom, as well there being a detached garage with store room and a generous plot having front, side and rear gardens with the private, fully fenced rear garden having countryside access and views, patios, large shed and Wendy house, all on the outskirts of the well serviced historic market town of Spilsby yet convenient for its centre.
It also benefits from UPVC double glazing including external and stable doors, mains gas central heating with Worcester replaced boiler that is serviced annually, wood/multi fuel burner serviced annually, high ceilings, varnished exposed wooden flooring, security alarm system serviced annually, external light, power and two water taps.
The property consists of entrance lobby and hall (having a built in double fronted cupboard), triple aspect lounge (including exposed brick fireplace having glass fronted log effect gas fire), dual aspect dining/family room having wood burner/fireplace that is double sided to the modern fitted kitchen breakfast room (including stainless steel/glass fronted oven, ceramic hob, one and half bowl ceramic sink, straight edged worktops etc), pantry room (with window, built in base and wall units and space for fridge freezer), dual aspect enormous utility (including sink and generous range of built in cupboards), rear hall with stable exterior door, spacious bath and shower room, master bedroom, second double bedroom, inner hall from where the annex potential starts, boot room (including double base cupboard and shelving), modern shower room, third reception, and upstairs third double bedroom.
The detached garage with store room has a remote controlled roller shutter door, light, power, UPVC double glazed side window and rear pedestrian door
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 Halton Road, Spilsby
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