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 work4-bedroom house · PE11 1NN
Listing removedReduced £6k (−3.4%) on 6 JulListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Warm and Versatile Four/Three-Bedroom Home with Beautiful Gardens and Garage in a Convenient Spalding Location Rose Cottage is tucked away in a convenient and well-connected area of Spalding, this charming four-bedroom home offers a wonderful sense of space, flexibility, and comfort — the kind of place that instantly feels easy to live in and even easier to imagine as your own.
From the moment you step inside, you are welcomed by a bright and inviting entrance hall that sets the tone for the rest of the home.
At the heart of the property sits a spacious sitting and dining room, filled with natural light and centred around a cosy fireplace — a perfect space to unwind in the evenings, enjoy family time, or entertain friends.
The kitchen has been thoughtfully refitted with a modern, practical design, offering plenty of storage and workspace while overlooking the rear garden.
It’s a space that feels both functional and connected to the outdoors, making everyday living feel effortless.
A separate rear hall adds valuable practicality, with space for appliances and direct access to the garden — ideal for busy family life or simply enjoying easy indoor-outdoor flow.
The family bathroom has also been stylishly updated, offering a relaxing space to unwind with a corner bath and overhead shower, finished with a clean, modern feel and useful built-in storage.
What truly makes this home stand out is its flexibility.
On the ground floor, you’ll find a versatile room that can adapt to your lifestyle — whether you need a peaceful main bedroom, a second lounge, a playroom, or a home office, the choice is yours.
Upstairs, three further bedrooms provide comfortable and light-filled spaces, perfect for family, guests, or working from home. Outside, the home continues to impress.
The front garden is neatly enclosed with decorative slate and raised flower beds, creating an attractive and low-maintenance approach.
To the rear, the garden becomes a real highlight — a peaceful, private space with a sunny patio, lawn, and established planting that changes beautifully with the seasons.
It’s easy to imagine summer barbecues, morning coffee in the sun, or simply unwinding at the end of the day.
With its generous living space, practical features, and appealing outside areas, this home is ready to welcome its new residents. Don't miss the chance to make it yours!
Contact us today to arrange a viewing and experience all this wonderful property has to offer.
Entrance Hall - 0.89m x 0.89m (2'11" x 2'11") Sitting/Dining Room - 3.66m x 3.33m (12'0" x 10'11") Maximum This light and airy room benefits from a fireplace, double glazed window to the rear, coving to ceiling, radiator and built in understairs storage cupboard.
Kitchen - 3.61m x 2.26m (11'10" x 7'5") Refitted with a matching range of floor and base units with worksurface over, porcelain one and a half sink unit with draining, plumbing for washing machine and dishwasher, space for cooker and tumble dryer.
This room also benefits from double glazed window to the rear and tiled flooring.
Hall - 2.26m x 1.04m (7'5" x 3'5") This space benefits from space for fridge/freezer, tiled flooring, radiator and a double glazed door leading into the rear garden.
Family Bathroom - 2.74m x 2.26m (9'0" x 7'5") maximum ( Ground Floor ) Refitted with a three-piece suite with low-level WC, pedestal wash hand basin, and a deep panelled corner bath with shower over.
The spacious bathroom also benefits from part tiled walls and floor, radiator, double glazed windows to rear, large cupboards, loft hatch and a fitted boiler cupboard allowing access to the combination boiler.
Master Bedroom / Living Room - 3.66m x 3.33m (12'0" x 10'11") maximum ( Ground Floor ) This light and airy room benefits from a double glazed window to front, coving to ceiling, radiator and a fireplace.
Landing - 4.32m x 0.74m (14'2" x 2'5") Maximum Landing leading to three bedrooms and benefiting from overhead storage, radiator and coving to ceiling.
Bedroom 2 - 3.66m x 3.33m (12'0" x 10'11") maximum Double glazed window to front, coving to ceiling and a radiator.
Bedroom 3 - 3.33m x 2.77m (10'11" x 9'1") Maximum Double glazed window to rear, coving to ceiling, radiator and a built in wardrobe with access to the loft.
Bedroom 4 - 3.61m x 2.29m (11'10" x 7'6") Double glazed window to rear, coving to ceiling and a radiator.
Outside Front Enclosed front garden benefiting from a footpath leading to the side entrance door and the rear gate, this space has been laid with decorative slate with raised flower beds.
Rear Enclosed landscaped rear garden benefiting from sun patio area, mature flower and shrub beds, lawn area and footpath leading to the rear of the property where the garage can be found along with access to the rear driveway which provides additional parking for two cars in addition to the garage parking.
The rear garden also benefits from lockable rear garden access, cold water tap and a lean too attached to the garage.
Garage - 5.28m x 2.69m (17'4" x 8'10") Driveway leading to a timber garage with double doors to the rear and a double glazed door leading into the garden with matching window.
Important Notice Butler & Co 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 and our images represent only 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.
Butler & Co Estate Agents does not have 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 Butler & Co Estate Agents and therefore no guarantee can be given as to their operating ability or efficiency.
Butler & Co Estate Agents 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.
Link for buyer guide in the virtual tour section.
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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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.
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About Rose Cottage - 73, Pennygate, Spalding
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