2-bedroom bungalow · PE6 8AW
Sold STCReduced £10k (−3.8%) on 15 AugListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet and highly regarded part of Market Deeping, with no onwards chain, this well-maintained two-bedroom detached bungalow enjoys bright and spacious accommodation, a sunny garden and the convenience of having the town centre and amenities within easy walking distance.
A large driveway provides ample off-road parking and leads to a detached garage, while the attractive front garden creates an inviting first impression.
Inside, a generous entrance hall and wide internal doorways provide excellent accessibility and lead through to a spacious lounge diner, flooded with natural light and offering plenty of room for both relaxing and entertaining.
The kitchen is well-appointed and over looks the lounge diner. There is also the benefit of a separate utility room down the hallway, providing valuable additional storage and practicality.
There are two double bedrooms filled with light and a particularly spacious family bathroom, complete with both a bath and separate shower.
Outside, the rear garden enjoys plenty of sunshine and offers a peaceful setting to enjoy throughout the year.
Further benefits include modern electric radiators with individual room thermostats, a recently installed shower, mains drainage, excellent broadband and mobile signal, and ample storage within the detached garage.
Market Deeping is one of South Lincolnshire's most desirable market towns, offering a range of shops, pubs, cafés, healthcare facilities and supermarkets, all within easy reach.
The town centre and Tesco are approximately a ten-minute walk away, with doctors' surgeries also close by.
A beautifully cared-for bungalow offering comfortable single-storey living in a peaceful yet convenient location.
Important information Please note that some images have been digitally enhanced and staged using ai technology for marketing purposes and may not precisely reflect the property's current appearance.
We recommend viewing the property in person to fully appreciate the accommodation on offer
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
Agent & docs
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FAQ
About 23, The Grove, Peterborough
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