3-bedroom house · PE12 6LF
Listing removedReduced £15k (−4.8%) on 1 JulListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented three-bedroom family home, ideally situated within easy reach of the nearby market towns of Spalding and Holbeach, offering a perfect blend of modern living and versatile outdoor space.
The property welcomes you via a porch entrance, leading into a thoughtfully designed and stylish kitchen, complete with solid oak worktops, a breakfast bar island, and a spacious dining area-ideal for both everyday family life and entertaining.
A separate utility area adds practicality, while the generous family lounge provides a comfortable retreat, featuring patio doors that open onto the rear garden, allowing for plenty of natural light.
To the first floor, the home offers three well-proportioned bedrooms, including a main bedroom with its own ensuite, alongside a contemporary family bathroom. Externally, the property truly excels.
The enclosed rear garden has been beautifully landscaped and designed for maximum enjoyment, featuring a large decked area perfect for outdoor dining and relaxation.
A standout feature is the versatile outdoor cabin, which offers fantastic potential for a variety of uses such as a home office, guest accommodation, lounge space, or hobby area-catering to the needs of any modern family.
The garden also includes a potting shed and dedicated vegetable plots, ideal for those with a passion for gardening.
To the front, the property benefits from ample off-road parking via a gravel driveway, which leads to a single garage.
This wonderful home offers both comfort and flexibility in a desirable village location-early viewing is highly recommended.
Entrance Porch Lounge 5.74m x 3.45m - 18'10” x 11'4” Kitchen/Dining Room 5.74m x 3.99m - 18'10” x 13'1” Utility 2.24m x 2.11m - 7'4” x 6'11” First Floor Landing Bedroom 1 4.02m x 3.52m - 13'2” x 11'7” En-Suite 2.23m x 1.76m - 7'4” x 5'9” Bedroom 2 3.98m x 2.9m - 13'1” x 9'6” Bedroom 3 2.75m x 2.34m - 9'0” x 7'8” Bathroom 2.27m x 2.1m - 7'5” x 6'11” Outside Outside Cabin Guest Accomodation 3.52m x 3.49m - 11'7” x 11'5” Reception Room 3.92m x 3.47m - 12'10” x 11'5” Bathroom 3.3m x 2.47m - 10'10” x 8'1” Garage 5.57m x 2.48m - 18'3” x 8'2”
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 Forrest Lodge, Common Road, Spalding
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