2-bedroom semi-detached house · LN4 3ED
For saleListed 45 days
Opportunity summary
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About
PLOT AVAILABLE: 152, 153, 154, 155, 156- The Lamport Available summer 2027 2 BED SEMI DETACHED BRAND NEW HOME DISCOUNTED AFFORDABLE HOME SCHEME £164,340 This is an Affordable property and purchasers must be approved by North Kesteven District Council as being eligible in line with criteria within the Section 106 legal agreement.
The advertised price is the affordable price which is set at 74.7% of open market value and there is a legal restriction on the property to ensure it shall always remain as an affordable property.
Any potential buyer will need to meet the criteria set out from NKDC.
Priority 1: Persons having a Local Connection to Metheringham Priority 2: Persons having a Local Connection to Blankney, Boothby Graffoe, Coleby or Dunston Priority 3: Persons having a Local Connection to North Kesteven District in Housing Need Priority 4: Persons having a Local Connection to North Kesteven District not in Housing Need Priority 5: Resident from outside North Kesteven in Housing Need Priority 6: Resident from outside North Kesteven not in Housing Need ‘Local Connection’ means any of the following: Applicant(s) have been permanently resident in the locality for the last 6 months; Applicant(s) have immediate family members who are currently and have been continuously resident for the last 5 years in the locality.
Family members are defined as parents/guardians, adult children or brothers or sisters; Applicant(s) have previously lived in the locality for a continuous period of 12 months (whilst aged 18 or over) in the last 5 years; Applicant(s) main place of work is in the locality for a continuous period of 12 months.
For more information please contact the sales office on .
Value & comps
No previous sales on record.
Returns
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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 The Lamport, Homestead Fields, Metheringham, Lincoln, LN4
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