2-bedroom terraced house · PE12 7LG
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** TOWN CENTRE *** Situated just a short walk from the town centre and its local amenities, this charming two-bedroom property offers an excellent opportunity for first-time buyers or investors.
The property boasts a spacious living area with a fireplace, opening into the equally spacious dining room.
A refitted kitchen provides space and plumbing for integrated appliances, and there is a well-appointed family bathroom.
Upstairs, you'll find two generous double bedrooms, one featuring built-in storage.
Externally, the enclosed rear garden is low maintenance, with block paving, gravel, and a timber shed, along with gated access to a shared passageway. EPC Energy Rating D / Council Tax Band A.
UPVC Front Door into: Living Room 3.95m x 3.08m (13' 0" x 10' 1") (Approx) UPVC Sash window to front, electric fire with surround and spotlights.
Dining Room 3.85m x 3.18m (12' 8" x 10' 5") (Approx) UPVC French doors into garden, stairs to first floor accommodation with storage underneath, radiator and spotlights.
Kitchen 2.33m x 1.96m (7' 8" x 6' 5") (Approx) Fitted with a range of base and eye level units with worktops over and tiled splashback, ceramic sink with swan neck mixer tap over, space and plumbing for integrated washing machine and fridge freezer.
Electric hob with extractor fan over, eye level oven and integrated microwave. Spotlights and UPVC window to the side.
Bathroom Fitted with a three piece suite comprising part freestanding bath with feet, and shower over. Traditional style wash hand basin and WC.
Spotlights, partly tiled, chrome heated towel rail, barn style sliding door, and UPVC window to the rear.
Landing Bedroom One 3.97m x 3.13m (13' 0" x 10' 3") (Approx) UPVC Sash window to the front and radiator.
Bedroom Two 3.17m x 3.05m (10' 5" x 10' 0") (Approx) UPVC Sash window to the rear, built-in cupboard, radiator and loft access.
Outside To the front, there is a small frontage, with rendered low level wall and path leading to the front door.
To the rear, the low maintenance garden is enclosed by timber fencing, with gated access to the shared passageway. Block paved, and graveled, with a timber shed.
Agent Note The floor plan is for illustrative purposes only. Fixtures and fittings do not represent the current state of the property. Not to scale and is meant as a guide only.
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

FAQ
About Hallgate, HOLBEACH, Spalding, PE12
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