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 work2-bedroom house · LN2 2NX
Listing removedListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the highly sought after village of Nettleham, a beautiful character Cottage.
This Two Bedroom Cottage retains many charming character features throughout with internal accommodation comprising of a welcoming Lounge/Diner and a fitted Kitchen, with a First Floor Landing leading to Two Double Bedrooms and a modern Shower Room.
Externally, the property benefits from a delightful courtyard garden to the front, along with an enclosed cottage style garden to the rear.
Viewing is highly recommended to fully appreciate the character and location of this lovely home.
LOCATION Nettleham is located approximately four miles North of Lincoln City Centre and has many attractive features such as The Beck and Village Green, around which are local shops, Co-op, public houses and other amenities.
There are infant and junior schools in the village, a teacher led nursery within Nettleham Infant School and all grades of schooling are available in Uphill Lincoln and nearby villages.
LOUNGE/DINER 19' 9" x 11' 10" (6.04m x 3.63m) With glazed entrance door, double glazed window to the front aspect, feature exposed stone walls, wood effect flooring and two radiators.
KITCHEN 14' 10" x 11' 10" (4.53m x 3.63m) Fitted with a range of wall and base units with work surfaces over, high-level electric oven electric hob with extractor fan, stainless steel sink with side drainer and mixer tap, spaces for fridge freezer, washing machine and slimline dishwasher, tiled flooring, staircase to the first floor, understairs storage cupboard, tiled flooring, spotlights, radiator, double glazed window to the rear aspect and glazed door to the rear garden.
FIRST FLOOR LANDING With airing cupboard, loft access point, wood effect flooring, spotlights and radiator.
BEDROOM 1 12' 7" x 11' 10" (3.84m x 3.61m) With double glazed window to the front aspect, spotlights and radiator.
BEDROOM 2 13' 8" x 10' 6" (4.19m x 3.21m) With double glazed window to the rear aspect, wood effect flooring, spotlights and radiator.
SHOWER ROOM Fitted with a three piece suite comprising of walk in shower cubicle, close coupled WC and wash hand basin, chrome towel radiator, tiled flooring and spotlights.
OUTSIDE To the front of the property there is a courtyard garden behind iron fencing laid mainly to gravel with shrubs.
To the rear there is an enclosed garden laid mainly to lawn with patio seating area, mature shrubs, well stocked flowerbeds and garden shed.
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 23, Chapel Lane
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