£175,000

5 bed terraced house for sale
Cross Street, Spalding, Lincolnshire PE11

    • 5 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

Freehold
Added on 16/03/2026

About this property

  • Fully licensed HMO investment

  • Mid Terraced Property

  • Ground Floor Bedsit with Ensuite

  • Communal Kitchen and Shower Room

  • 4 Further Bedrooms

  • Rear Courtyard

  • Convenient Location

  • EPC Rating - C, Council Tax Band - A

This property represents an excellent opportunity for investors seeking immediate rental income in the growing rental market of Spalding. A well presented and fully licensed House in Multiple Occupation (HMO) located in a popular residential area, offering an excellent turnkey investment opportunity with strong rental demand.

The property comprises of a ground floor self contained bedsit with ensuite with access from the front entrance door. The rear entrance door provides access to the inner hallway, communal kitchen and stairs to the first and second floors. There are 2 bedrooms to the first and second floors with a shared shower room also to the second floor. Each room is designed to provide comfortable and modern accommodation for professional tenants.

Externally, the property offers a private rear court yard and on-street parking.

Situated within easy reach of local amenities, shops, supermarkets, and transport links, the property is ideally positioned for tenants working locally or commuting within the wider Lincolnshire area.

Bedsit

5.82m x 3.61m - 19'1” x 11'10”

Shower Room

1.45m x 1.32m - 4'9” x 4'4”

Hall

Dining Room

1.93m x 1.7m - 6'4” x 5'7”

Kitchen

3.86m x 2.46m - 12'8” x 8'1”

First Floor Landing

Bedroom 3

3.59m x 3.22m - 11'9” x 10'7”

Bedroom 4

4.49m x 1.83m - 14'9” x 6'0”

Second Floor Landing

Bedroom 1

3.59m x 2.56m - 11'9” x 8'5”

Family Shower Room

1.76m x 1.28m - 5'9” x 4'2”

Bedroom 2

2.74m x 2.64m - 8'12” x 8'8”

Mortgage calculator

Monthly repayment

£875 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Freehold

  • Council tax band

    A

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Pygott & Crone - Spalding

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