We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · LN4 2ND
Sold STCListed 684 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXTENDED BUNGALOW! GREAT PLOT! ANNEXE POTENTIAL!
Located within a non-estate position within the ever popular village of Bracebridge Heath is this surprisingly spacious detached bungalow on Sleaford Road.
The property is located within walking distance of a wide range of local amenities, and only 1km from the Lincoln By-pass and offers versatile accommodation which could easily incorporate an independent annexe.
Accommodation briefly comprises entrance lobby, 13'2 lounge with log burner fireplace, modern kitchen diner with cooking range, larger than average utility, 3 double bedrooms to include impressive 19'10 master bedroom with 11'3 bathroom, and a further separate bathroom.
Outside the property stands upon a generous sized corner plot and has gated driveway to the side and larger than average garage with remote control door and boarded loft space above.
VIEWING ESSENTIAL!! Council tax band: D. Freehold. Entrance Hallway Having attractive tile effect vinyl flooring, radiator, picture rail, coved ceiling and access to loft.
Lounge 13' 2'' x 12' 10'' (4.01m x 3.91m) Having feature log burner fireplace with tiled hearth, radiator, picture rail and coved ceiling.
Bedroom 2 13' 6'' x 11' 10'' (4.11m x 3.60m) Having radiator, picture rail and coved ceiling. Bedroom 3 13' 2'' x 12' 10'' (4.01m x 3.91m) Having radiator and picture rail.
Bathroom Having 3 piece suite comprising panelled bath, wash hand basin set in vanity unit, low level WC, attractive tiled effect vinyl flooring, heated towel rail and fully tiled walls.
Kitchen Diner 13' 6'' x 12' 3'' (4.11m x 3.73m) Having a range of matching wall and base units, frosted glass display cabinets, one and a half bowl single drainer stainless steel sink unit with mixer taps over, cooking range with cooker hood over, dishwasher, ceramic tiled floor, radiator and archway into large utility area.
Utililty 11' 2'' x 9' 0'' min (3.40m x 2.74m) Having fitted larder units, plumbing for washing machine with work surfacing over, space for additional appliances, ceramic tiled floor, radiator, composite door leading to garden and archway leading to master suite.
Master Bedroom 19' 10'' x 9' 10'' (6.04m x 2.99m) Having radiator and French doors onto paved patio area.
Bathroom 11' 3'' x 6' 10'' (3.43m x 2.08m) Having a panelled bath with overhead rainfall shower and additional handheld shower, wash hand basin set in vanity unit, low level WC, ceramic tiled floor, part tiled walls, heated towel rail, LED downlights and extractor.
Outside Front To the front of the property there is a gated garden area with paved leading to front entrance door and gate at side leading to rear.
Outside Rear To the rear of the property there is a generous sized garden with double gated access at side leading to driveway.
Lawned garden area with 2 garden sheds and enclosed paved patio area.
Garage 22' 3'' x 13' 10'' (6.78m x 4.21m) Having remote control roller shutter door, power and light, steps leading to boarded loft space and door leading into garden.
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
Agent & docs
FAQ
About Sleaford Road, Bracebridge Heath, Lincoln
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