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See how verdicts work2-bedroom flat · LN6 9US
No longer listedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom first floor apartment positioned within the popular village of Witham St Hughs.
Comprising internally of an entrance hall, two bedrooms, bathroom and a spacious dual aspect open plan living kitchen diner. Benefitting from allocating parking for two vehicles.
Sold with no onward chain. Two bedroom first floor apartment positioned within the popular village of Witham St Hughs.
Comprising internally of an entrance hall, two bedrooms, bathroom and a spacious dual aspect open plan living kitchen diner. Benefitting from allocating parking for two vehicles.
Sold with no onward chain. Witham St Hughs benefits from a range of local amenities to include a Co-op store, Bar / Restaurant, Hairdressers, Takeaways, Schooling and a Village Hall.
Well positioned just off the A46 to allow convenient access both to Lincoln City or Newark Town.
EPC Rating - C Council Tax Band - B Tenure - Freehold Investment Opportunity - This property is available for an investment with tenants in situ on a periodic term AST from June 2025 paying £775pcm.
Entrance Hall - Wood effect laminate flooring, PVC side window, mains consumer unit, two pendant fittings, electric panel heater and a storage cupboard.
Bedroom - 2.889 x 2.621 (9'5" x 8'7") - PVC window, carpet flooring, electric panel heater, pendant fitting and an airing cupboard housing the hot water cylinder.
Bathroom - 2.502 x 1.798 (8'2" x 5'10") - Low level WC, pedestal wash basin and a panel bath with electric shower over. Vinyl flooring, heated towel rail, light and extractor.
Bedroom - 3.132 x 2.933 (10'3" x 9'7") - PVC window, carpet flooring, electric panel heater, pendant fitting and a built in wardrobe. Open Plan Kitchen Living Diner - 7.274 x 5.212 (max measurements).
(23'10" x 17'1" - Base and eye level units with laminated work surfaces, tiled splash back and an inset stainless steel sink and drainer.
Fully fitted with a range of appliances to include an oven with hob and extractor over, integrated fridge freezer, washer dryer and dishwasher.
Dual aspect PVC windows, wood effect laminate flooring, ceiling lighting and electric panel heaters. Outside - Allocated parking space for two vehicles.
Leasehold Information - Lease Term to and from - 125 Years from 1st June 2005 Lease Remaining - 105 Years Ground Rent - £150 per annum Service Charge - £3128.68 per annum Review Period - annually Managing Agent - FirstPort This information has been provided by the vendor and must not be relied upon or taken as accurate.
Purchasers must satisfy themselves in this respect. Fixtures & Fittings. - Please Note : Items described in these particulars are included in the sale, all other items are specifically excluded.
We cannot verify that they are in working order, or fit for their purpose. The buyer is advised to obtain verification from their solicitor or surveyor.
Measurements shown in these particulars are approximate and as room guides only. They must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Warren Lane, Witham St. Hughs
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