2-bedroom house · LN4 1AU
Sold STCListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming two bedroom cottage situated in the heart of the highly sought after village of Washingborough, beautifully renovated throughout to combine modern finishes with an abundance of character and charm.
The immaculate living accommodation comprises of an Entrance Hall, cosy Lounge with log burner, stylish refitted Kitchen and a First Floor Landing leading to two Bedrooms and a four piece Bathroom suite.
Outside, the property enjoys an enclosed courtyard garden ideal for relaxing, together with the added benefit of an allocated parking space.
Viewing is highly recommended to fully appreciate the quality and standard of accommodation on offer and the comprehensive renovation that has been carried out.
LOCATION The charming village of Washingborough is situated 4 miles South-East of the historic Cathedral City of Lincoln.
Washingborough benefits from a mix of old and new properties, The Ferry Boat public house, the well-known Washingborough Hall Hotel and fine dining Restaurant, shops, primary school and a variety of other amenities.
Washingborough proves popular with people searching for a pleasant village to live. ENTRANCE HALL With composite entrance door, staircase to the first floor and laminate flooring.
LOUNGE 14' 6" x 9' 6" (4.43m x 2.92m) With double glazed window to the front aspect, log burner, under stairs storage cupboard, laminate flooring and radiator.
KITCHEN 8' 3" x 7' 1" (2.54m x 2.17m) Recently refitted with a stylish range of wall and base units with work surfaces over, sink with side drainer and mixer tap over, electric oven, gas hob, spaces for washing machine and fridge freezer, tiled splashbacks, laminate flooring, radiator, double glazed windows to the side and rear aspects and door to the rear garden.
FIRST FLOOR LANDING With access to the part boarded loft space.
BEDROOM 1 10' 8" x 10' 3" (3.27m x 3.14m) With double glazed window to the front aspect, fitted wardrobe, over stairs storage cupboard and radiator.
BEDROOM 2 10' 1" x 6' 3" (3.09m x 1.93m) With double glazed window to the rear aspect and radiator.
BATHROOM Fitted with a four piece suite comprising of panelled bath, shower cubicle with rainfall shower head, close coupled WC and pedestal wash hand basin, tiled splashbacks, airing cupboard housing the gas fired central heating boiler, shaver point, towel radiator and double glazed window to the side aspect.
OUTSIDE To the rear of the property there is a low maintenance enclosed courtyard garden with shed. The property also benefits from an off road parking space.
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 Main Road, Washingborough
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