We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · PE11 2QT
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this one-bedroom retirement apartment located in Georgian Court in Spalding. This apartment comprises of a kitchen, lounge/diner, bedroom, shower room, and a built-in store room.
Residents benefit from access to a communal kitchen, laundry room, and a shared socialising area on the ground floor. Parking to the front is offered, ensuring added convenience.
This property is offered for sale with no forward chain, and viewings are highly recommended. Visit the Harrison Rose website to view the full property video tour.
Accommodation As you enter the property, you're welcomed by an entrance hall with access to a generously-sized store room, ideal for neatly storing everyday essentials.
The shower room is practical and well-maintained, featuring a shower, a hand-wash basin with under-sink storage, and a wc. This room also benefits from underfloor heating and wall cupboards.
The lounge/diner is a well-proportioned and comfortable space, offering ample room for lounge furniture as well as a dining table and chairs.
A window allows natural light to fill the room, creating a bright and welcoming atmosphere.
The kitchen is a functional area, featuring underfloor heating, a fitted oven and hob, space for a fridge/freezer, and a window that brings in additional natural light.
The fridge/freezer is being left by the owners.
The bedroom is a double-sized room, complete with space for free-standing furniture and a built-in wardrobe, providing practical storage and a tidy finish.
Outside The front of the property is enhanced by well-kept plants and bushes that add a touch of colour, while communal outdoor seating areas provide a pleasant space to relax and enjoy the surroundings.
Spalding The property is conveniently located in the market town of Spalding. The town offers picturesque landscapes along the River Welland with the popular historic Ayscougfee Hall & Gardens.
Spalding provides a range of amenities catering to both residents and visitors.
The town boasts various shops, a range of dining options, a train station allowing commuting to major cities, access to primary and secondary schools, healthcare facilities and recreational spaces allowing for many sports facilities.
Measurements Second Floor Lounge/Diner 6.95m (22'10") max x 3.23m (10'5") max Kitchen 2.68m (8'7") max x 2.63m (8'6") max Bedroom 4.68m (15'3") max x 2.77m (9') AGENTS NOTE The property is Leasehold.
Current service charge is £4173 annum paid to Firstport from the 1st of August 2025. Ground rent is currently £790 per year.
Viewing Please contact our Office on if you wish to arrange a viewing appointment for this property or require further information.
IMPORTANT NOTICE: Harrison Rose Estate Agents give notice that these property details do not constitute an offer or contract or part thereof.
All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate and not necessarily to scale.
The text, photographs and plans are for guidance only, our images only represent part of the property as it appeared at the time they were taken.
Any prospective purchaser must satisfy themselves of the correctness of the information within the particulars by inspection or otherwise.
Harrison Rose does not have any authority to give any representations or warranties whatsoever in relation to this property (including but not limited to planning/building regulations), nor can it enter into any contract on behalf of the Vendor.
None of the services, equipment or facilities have been tested by Harrison Rose and therefore no guarantee can be given as to their operating ability or efficiency.
Harrison Rose accepts no responsibility for any expenses incurred by prospective buyers in inspecting properties or in the pursuance of a property purchased that does not complete for any reason.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Georgian Court, Spalding, Lincolnshire
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