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See how verdicts work2-bedroom bungalow · LN10 6TR
Sold STCReduced £5k (−2.7%) on 26 OctListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pleasantly situated within this attractive purpose-built development for the over 55s, this two bedroom bungalow boasts a dual aspect lounge and breakfast kitchen overlooking lawned gardens.
The property has been comprehensively updated by the current vendor, including new kitchen and shower room installations.
Oaklands Court is a short walk from all the shopping and social facilities this thriving Lincolnshire village has to offer. There is an on-site warden, lawned communal gardens and parking.
A viewing is recommended to fully appreciate the accommodation and setting on offer.
Accommodation - Entered into the side through uPVC double glazed obscure door into: Reception Hallway - With wood effect flooring, electric heating, loft access hatch and wooden doors to accommodation including: Lounge - 14' 6'' x 14' 3'' (4.42m x 4.34m) - With uPVC double glazed windows to front and rear and having electric fire to styled surround, television point, wood effect flooring and electric heater.
Breakfast Kitchen - 15' 4'' x 8' 6'' (4.67m x 2.59m) - With uPVC double glazed window to rear and having sink and drainer set to square edge worktop, boiling hot water tap and a good range of modern storage units to base and wall levels.
There is a Zanussi oven with built-in microwave, Cookology four ring induction hob beneath extractor, integrated fridge, freezer; washing machine and dishwasher.
There is wood effect flooring, electric heater, multiple power points and uPVC double glazed obscure patio door to side.
Shower Room - 11' 2'' x 5' 9'' (3.40m x 1.75m) - With uPVC double glazed obscure window to rear and having low-level WC, hand wash basin to storage unit, walk in shower cubicle with board surround and Mira decor electric shower with monsoon and regular heads over.
There is a heated towel rail and tiled flooring.
Bedroom 1 - 12' 6'' x 9' 0'' (3.81m x 2.74m) - With uPVC double glazed window to side, electric heater, multiple power points, wood effect flooring and built-in double wardrobe space.
Bedroom 2 - 8' 9'' x 8' 5'' (2.66m x 2.56m) - With uPVC double glazed window to side, electric heater, multiple power points, wood effect flooring and built-in double wardrobe space.
Outside - The communal gardens are predominantly laid to lawn with a variety of decorative shrubs to borders. There is on-site parking close to the property.
Further Information - East Lindsey District Council – Tax band: B EPC Rating: E SERVICES: The agents would like to point out that the services of this property have not been checked and this matter is left to the prospective purchaser to make appropriate further enquiries.
VIEWING: By arrangement with the agent's Woodhall Spa Office. 19 Station Road, Woodhall Spa. LN10 6QL. Tel: Email: ; Website: Brochure prepared 08.07.2025
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.
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About 2 Oaklands, Woodhall Spa
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