2-bedroom bungalow · LN6 7SD
For saleReduced £35k (−19.4%) on 10 OctListed 567 days
Opportunity summary
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About
A two Bedroom Detached Bungalow positioned in this popular location just of Boultham Park Road, to the centre of the historic Cathedral City of Lincoln.
The property is being sold with no onward chain and requires modernisation.
The internal accommodation briefly comprises of Entrance Hall, bay fronted Lounge, two well-appointed Bedrooms, larger then average Conservatory, Shower Room and Kitchen.
Outside there is a driveway providing ample off road parking and giving access to the integral garage and a rear garden.
A two Bedroom Detached Bungalow positioned in this popular location just of Boultham Park Road, to the centre of the historic Cathedral City of Lincoln.
The property is being sold with no onward chain and requires modernisation.
The internal accommodation briefly comprises of Entrance Hall, bay fronted Lounge, two well-appointed Bedrooms, larger then average Conservatory, Shower Room and Kitchen.
Outside there is a driveway providing ample off road parking and giving access to the integral garage and a rear garden.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
Services Mains electricity, water and drainage. Gas central heating. Solar panels. Entrance hallway With UPVC window to the front aspect and doors to the kitchen and lounge.
Lounge 14' 0" x 11' 6" (4.28m x 3.53m) With UPVC bay window to the front aspect, radiator and gas fire.
Kitchen 8' 1" x 10' 3" (2.48m x 3.13m) With UPVC windows to the front and side aspects, fitted with base units and drawers with work surfaces over, stainless steel sink unit and drainer, mixer tap, spaces for a cooker and washing machine and wall mounted cupboards with complementary tiling below.
Hallway With airing cupboard and doors to the kitchen, shower room and two bedrooms.
Bedroom 1 9' 3" x 11' 6" (2.84m x 3.53m) With double glazed window to the conservatory, radiator and a range of fitted bedroom furniture.
Bedroom 2 8' 9" x 10' 3" (2.67m x 3.13m) With UPVC sliding doors to the conservatory and radiator.
Conservatory 8' 11" x 21' 4" (2.73m x 6.51m) With door to the garage, UPVC windows and double doors to the rear garden, tiled flooring and a wall mounted gas heater.
Shower room 6' 1" x 5' 2" (1.87m x 1.58m) With UPVC window to the side aspect, suite to comprise of shower, WC and wash hand basin, partly tiled walls, extraction fan and a radiator.
Outside There is a hardstanding/driveway to the front providing ample off road parking and giving access to the garage.
To the rear of the property there is a garden with paved seating areas and two sheds. Garage 16' 0" x 8' 3" (4.89m x 2.54m)
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 66, Marjorie Avenue, Lincoln
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