2-bedroom semi-detached house · PE11 2QQ
Listing removedReduced £25 (−2.9%) on 21 AugListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO DEPOSIT OPTION AVAILABLE** Leaders are pleased to offer TO LET this TWO BEDROOM PROPERTY located down Clay Lake.
Within walking distance to the local primary and secondary schools, Clay Lake is a prime location. Also benefiting from shops and the post office near by.
Kitchen: Fitted kitchen, with a range of base and wall units with work surface over. Free standing oven and hob, plumbing for washing machine and space for appliances.
Lounge: Grey carpets throughout, neutral décor, generous space. Dining Room: Grey carpets throughout, neutral décor. Bedroom One: Double bedroom, grey carpets throughout, neutral décor.
Bedroom Two: Double bedroom, grey carpets throughout, neutral décor. Bathroom: Three piece suite, with shower over bath and a storage cupboard.
Outside Space: The property benefits from a drive way, space for two cars. With side gate to rear garden and the entrance to the property. Call to register your interest today. EPC Rating: D.
Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £980.76. A Holding Deposit of £196.15 based on the advertised rent, is required to reserve this property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Clay Lake, Spalding, PE11
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