2-bedroom house · PE11 1BF
Listing removedListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a popular residential area of Spalding, this two bedroom mid terrace property is now available.
The property includes parking to the rear and enclosed rear garden, being ideally situated within a short distance to local amenities, it is an ideal first time buy and viewing is recommended.
The accommodation comprises of Lounge, Kitchen/Diner with door opening to the rear garden and a downstairs cloakroom for added convenience, to the First Floor there are Two Bedrooms and a main Bathroom suite.
Located in a popular cul de sac, the property includes off road parking and an attractive courtyard style enclosed rear garden. There is a decked seating area, paved patio and timber storage shed.
At the front of the property there is an enclosed gravelled garden with wrought iron fencing and a hand gate leading to a pathway to the front door.
Agents note: This property is offered under a Low Cost Housing Scheme, providing an affordable route to home ownership.
Eligibility criteria apply and you may qualify if you do not currently own your own home or it is unsuitable for your existing requirements, live in affordable/social housing, can't afford to buy on the open market, or live in (or have a local connection to) the South Holland District.
Kitchen Diner 3.84m x 2.98m - 12'7” x 9'9” Lounge 3.92m x 3.84m - 12'10” x 12'7” WC First Floor Landing Bedroom 1 3.84m x 2.66m - 12'7” x 8'9” Bedroom 2 2.68m x 2.39m - 8'10” x 7'10” Bathroom 1.92m x 1.72m - 6'4” x 5'8”
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 2, Woodrow Place, Spalding
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