2-bedroom house · PE11 2FQ
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO DEPOSIT OPTION AVALIABLE*** Leaders are pleased to offer TO LET this brilliant two bed property. A short walk to shops and schools, and a short drive to the town centre of Spalding.
The property has an entrance hall, lounge, kitchen, downstairs WC, one double room, one single room, shower room and allocated parking. GREAT NEWS!
LEADERS NO DEPOSIT OPTION IS AVAILABLE ON THIS PROPERTY! CALL NOW TO FIND OUT MORE! Comprises of: Entrance Hall: Tiled, great size entrace. Dowstairs WC to your left.
LOUNGE: Grey decor, carpet, storage cupboard. Back door leading to garden. KITCHEN: Neutral kitchen, integrated oven and hob, space for washing machine and fridge freezer.
BEDROOM ONE: Double room, grey decor carpeted. BEDROOM TWO: Nice size single room, carpeted. BATHROOM: Three piece suite with walk in shower. OUTSIDE: Enclosed garden with patio.
Driveway for two cars. **CALL NOW TO FIND OUT MORE** EPC Rating: D. Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £951.92.
A Holding Deposit of £190.38 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 Riverside Park, Spalding, PE11
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