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See how verdicts work2-bedroom bungalow · LN4 3DE
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Two Bedroom Semi Detached Bungalow situated on a generous non-estate plot in the village of Metheringham, in between Lincoln and Sleaford.
The property has well-presented internal accommodation comprising of Lounge, Dining Room, Kitchen, Pantry, two Double Bedrooms and a four piece Bathroom.
Outside there is a long driveway providing off-street parking and access to a detached Single Garage. There are generous non-estate gardens to the front and rear.
The property has been re-roofed in 2026 with new timbers and a newly slated roof. Viewing of this property is highly recommended.
LOCATION Metheringham is a larger than average village located between the historic Cathedral and University City of Lincoln and the Market Town of Sleaford.
The village offers a range of local amenities including the Co-op and Nisa Food Stores, three public houses, a church, a primary school, an outdoor swimming pool, hairdressers, beauticians, a petrol station, a post office, a vet and food outlets including an Indian restaurant, fish and chip restaurants, a tearoom and various other takeaways.
The village itself has good transport links, including a train station on the Lincoln to Sleaford line and a bus route.
LOUNGE 16' 0" x 12' 0" (4.88m x 3.67m) With main entrance door, double glazed window to the front aspect, gas fire set within a feature fireplace and two radiators.
DINING ROOM 12' 7" x 8' 9" (3.85m x 2.68m) With two storage cupboards.
KITCHEN 14' 9" x 7' 3" (4.51m x 2.22m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and hot and cold taps over, spaces for cooker, washing machine and fridge freezer, two double glazed windows to the rear aspect and door to the rear garden.
PANTRY With storage shelving. BEDROOM 1 10' 3" x 10' 1" (3.13m x 3.09m) With double glazed window to the front aspect and radiator.
BEDROOM 2 10' 3" x 8' 3" (3.14m x 2.53m) With double glazed window to the side aspect, wall mounted gas fired central heating boiler and radiator.
BATHROOM Fitted with a four piece suite comprising of panelled bath, shower cubicle, close coupled WC and pedestal wash hand basin, tiled splashbacks, radiator and double glazed window to the side aspect.
OUTSIDE The property sits on a generous non-estate plot.
To the front there is a lawned garden with mature shrubs and a long side driveway providing off street parking for multiple vehicles and access to the garage.
The single detached garage has up and over door to the front, side personnel door, window to the rear, light and power.
To the rear of the property there is a large garden laid mainly to lawn with a patio seating area, mature shrubs, shed, summer house and views of Metheringham Windmill.
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
Agent & docs
FAQ
About Princes Street, Metheringham
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