2-bedroom terraced house · PE6 8UW
Listing removedListed 215 days
Opportunity summary
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About
AVAILABLE TO RESERVE – SHARED OWNERSHIP OPPORTUNITY IN MARKET DEEPING An excellent opportunity to purchase a two-bedroom mid-terrace house in Market Deeping , available through a popular shared ownership scheme —ideal for first-time buyers looking to step onto the property ladder.
This well-presented home features a spacious lounge , a convenient cloakroom/WC , and a practical utility area .
The modern kitchen/dining room offers a great space for both everyday living and entertaining.
Upstairs, the property boasts two generous double bedrooms and a family bathroom , providing comfortable accommodation throughout.
Externally, the home benefits from a private rear garden and a driveway with off-road parking for two vehicles .
Located in the sought-after town of Market Deeping, the property is close to local amenities, schools, and transport links, making it an ideal choice for families and commuters alike. EPC rating: B.
Tenure: Leasehold, Property Summary This well-presented home features a spacious lounge, a convenient cloakroom/WC, and a practical utility area.
The modern kitchen/dining room offers a great space for both everyday living and entertaining.
Upstairs, the property boasts two generous double bedrooms and a family bathroom, providing comfortable accommodation throughout.
Externally, the home benefits from a private rear garden and a driveway with off-road parking for two vehicles.
Located in the sought-after town of Market Deeping, the property is close to local amenities, schools, and transport links, making it an ideal choice for families and commuters alike.
Property Measurements Living Room - 3.76m x 4.50m max Kitchen Dining Room - 3.76m x 3.09m max Bedroom One 3.76m x 3.40m max Bedroom Two 2.75m x 3.50m max Monthly Rental Figures Please see below example share value's and monthly rent including charges 10% £23,500 £534.47 25% £58,750 £453.69 45% £105,750 £345.98 75% £176,250 £184.42 Monthly Charges Monthly Charges are broken down to the following Management Company Charges £13.72 Homeownership Management Fee £25.95 Property Insurance £10.11 All charges are reviewed annually inline with your agreement EPC This property is a new build and is currently under construction meaning no EPC rating can be given at this current time however the PEA rating is a B Council Tax This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.
Pets There is a fee payable to the housing association for consent to keep a pet in your home - this is charged at £25+VAT. Please speak the office for further guidance on this.
CGI Photographs These photos are for general guidance only.
Shared Ownership Criteria On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Amplius) rent on the remaining share which has not been purchased.
There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.
To qualify for Shared Ownership, you must meet the following criteria: - Your annual gross household income is less than £80,000 - Unable to purchase a suitable property for your housing needs on the open market.
If your application is successful a reservation fee of £250 is required securing the property to the accepted applicant for a period of 8 weeks.
Within this timeframe all accepted applicants are required to be in a position to, and where possible, exchange on the property.
Belvoir Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective purchasers.
Belvoir Peterborough, its employees and its agents are not authorised to make or give any representation or warranty whatsoever in relation to this property.
All information included, descriptions, images used and sales floor plans are for illustration purposes only.
The developer reserves the right to omit, add or otherwise alter the property, its specification or its exact location on site at any time prior to exchange of legal contracts without notice.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Tornado Way, Market Deeping, PE6
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