2-bedroom terraced house · LN2 3TL
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property #50% Shared Ownership# A modern mid terrace house located on the exclusive 'Meadows' development built by well regarded builders Chestnut Homes, within the sought after village of Dunholme.
Offering spacious living accommodation comprising, modern fitted kitchen, downstairs W.C, large living room with patio doors to rear garden, two double bedrooms and a family bathroom.
Outside the property has allocated off road parking to the front, with further visitor spaces available, and to the rear there is a generous enclosed garden majority laid to lawn with patio seating area and rear gated access.
The desirable village lies north east of the Cathedral City of Lincoln and along with the adjoining village of Welton, offer a wealth of local facilities, amenities, shops, surgery, pharmacy, independent shops and food outlets, public house, golf course and highly rated schooling for all ages to include the William Farr secondary school.
There are regular public transport services and road links include the A46 and A15. Visit Purplebricks.co.uk to arrange a viewing or via the Purplebricks App.
Shared Ownership Rent payable on additional 50% share is £251.20 per calendar month.
Service charge £12.03 Estate charge £0.00 Buildings insurance £5.63 Management fee £25.95 Reserve fund payment £0.00 Total monthly payment excluding rent £43.61 PLEASE NOTE that purchasers must be able to demonstrate that they have a local area connection to Dunholme or the surrounding villages.
Plus Standard shared ownership criteria apply. Buyers will need to make an application to the housing association Amplius and be accepted before an offer is formally agreed.
Property ownership information Tenure: Shared ownership Percentage share owned: 50% Additional monthly rent: £251.28 Ground rent review period: No review period Service charge review period: Every 1 year Lease end date: 20/12/3013 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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 Dixon Place, Dunholme, Lincoln, LN2
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