2-bedroom terraced house · PE21 7FJ
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 60% Shared Ownership property with extremely well presented living accommodation comprising an entrance hall, lounge diner, kitchen, ground floor cloakroom, two larger than average bedrooms to the first floor and a family bathroom.
Further benefits include a driveway and off road parking, gas central heating, uPVC double glazing and enclosed garden to the rear.
ACCOMMODATION Entrance Hall Having partially glazed front entrance door, staircase leading off, ceiling light point.
Lounge Diner 16' 3" (maximum) x 14' 10" (maximum taken into recess) (4.95m x 4.52m) Having dual aspect windows, two radiators, two ceiling light points, TV aerial point.
Kitchen 11' 3" x 9' 5" (3.43m x 2.87m) Having roll edge work surfaces with matching upstands, inset stainless steel one and a half bowl sink and drainer with mixer tap, range of base level storage units, drawer units and matching eye level wall units, plumbing for automatic washing machine, space for twin height fridge freezer, integrated oven and grill, four ring gas hob with glass splashback and illuminated stainless steel fume extractor above, partially obscure glazed rear entrance door, window to rear elevation, ceiling light point, concealed Potterton gas central heating boiler, radiator, door to: - Built-in Pantry With space for condensing tumble dryer, wall mounted coat hooks, ceiling light point and electric fuse box within.
Ground Floor Cloakroom Being fitted with a two piece suite comprising wall mounted wash hand basin with mixer tap and tiled splashback, push button WC, radiator, ceiling light point, obscure glazed window to rear elevation.
First Floor Landing Having access to loft space, ceiling light point, built-in linen cupboard with slatted shelving within.
Bedroom One 14' 10" (maximum into recess) x 9' 10" (4.52m x 3.00m) Having window to front elevation, radiator, ceiling light point.
Bedroom Two 15' 10" (maximum) x 7' 8" (maximum) (4.83m x 2.34m) Having dual aspect windows, radiator, ceiling light point.
Bathroom Being fitted with a three piece suite comprising panelled bath with mixer tap and hand held shower attachment and additional wall mounted mains fed shower above with fitted shower screen, pedestal wash hand basin with mixer tap, push button WC, tiled splashback, heated towel rail, obscure glazed window to rear elevation, ceiling light point.
EXTERIOR To the front, the property is approached over a dropped kerb leading to the driveway which extends to the right hand side of the property and provides off road parking.
Rear Garden Being initially laid to a paved patio seating area, leading to the remainder which is predominantly laid to lawn.
The garden is fully enclosed by fencing and served by outside lighting. SERVICES Mains gas, electricity, water and drainage are connected.
AGENTS NOTE The property is to be purchased as a 60% shared ownership (Leasehold) with Amplius owning the remaining 40%. The rent payable for the remaining share is £158.55 per calendar month.
There is also a additional monthly charge of £51.66 per calendar month which includes a service charge, buildings insurance and management fee.
Prospective purchasers should be aware that there will be an application process to complete with Amplius.
The property is subject to a local connection criteria, details of which are available from the selling agents office. REFERENCE 02032026/30043156/PIC
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 Dunlin Close, Wyberton, Boston, PE21
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