3-bedroom bungalow · LN4 3DP
For saleListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Dane Close in the peaceful village of Metheringham, this three-bedroom detached bungalow occupies a desirable corner plot and offers bright, spacious single-storey living with a flexible layout to suit a range of buyers.
Step inside via the entrance hallway, which provides access to all rooms within the property.
The spacious living room is a real highlight, featuring a log burner set within a brick surround fireplace-creating a warm and characterful focal point.
The kitchen is equally impressive, offering integrated appliances and space for a dining table, making it ideal for everyday living and entertaining.
The bungalow offers three bedrooms in total, with one currently used as a snug and benefiting from sliding doors that open directly onto the patio and rear garden-perfect for enjoying indoor-outdoor living in the warmer months.
A main family shower room completes the internal accommodation.
Externally, the property continues to impress with a private driveway including an electric vehicle charger, a garage ideal for parking or storage (with potential to create a hobby room if desired), and a private enclosed rear garden that is mainly laid to lawn-ideal for relaxing, gardening, or entertaining.
To fully appreciate the space, setting, and flexibility on offer, contact Walters of Lincolnshire today to arrange your viewing.
Disclaimer Our Disclaimers: Please Note: At the time of writing, all information provided in this listing is believed to be accurate and correct.
While we strive to maintain the highest standards of accuracy, details may be subject to change.
Important Information Regarding Identity Verification: In compliance with legal obligations, all prospective property buyers will be required to undergo thorough identity verification checks.
This process must be completed to proceed with any purchase.
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
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FAQ
About 1 Dane Close, Lincoln
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