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 house · LN6 8UA
Listing removedReduced £30k (−13%) on 10 JulListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This aesthetically attractive bungalow is nestled in one of North Hykeham's most sought after locations. The property sets itself perfectly as a well presented home ready to move straight into.
Comprising a fitted kitchen, bathroom, spacious dining room and expansive lounge, three double bedrooms and a single garage.
Externally the property offers an expansive plot which is well established and ready to enjoy and offers bag of potential to extend/enhance this already fantastic bungalow (subject to planning).
Don't miss out on a chance to acquire this simply fantastic bungalow. Book your viewing now!
EPC Grade - tbc Situated within the popular area of North Hykeham, having access to multiple facilities including shops, schools, sports facilities, local bus service to Lincoln, access to a railway line and road links to the A46 and A1.
Conway Drive itself is a road located on the desirable Dale View estate off Windermere Avenue. A location many people know and recognise as a fantastic place to live.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NHY250239/8 Auctioneer Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated) Entrance Porch Comprising a composite entrance door to the front aspect, carpet flooring and an internal door leading to the entrance hall.
Entrance Hall Spacious entrance hall comprising laminate flooring, radiator and a triple storage cupboard.
Bedroom 3 (2.78m x 2.33m) Third double bedroom comprising carpet flooring, radiator and a double glazed window to the side aspect.
Dining Room (3.78m x 3.55m) Spacious and naturally bright dining room hosting carpet flooring, radiator and uPVC double glazed sliding doors to the rear aspect.
Kitchen (2.7m x 3.16m) Modern fitted kitchen comprising a range of wall and base units with contrasting roll edge work surfaces, sink and drainer unit, laminate flooring, integral oven with a four ring gas hob and extractor hood, ceiling spotlights, laminate flooring, space and plumbing for a dishwasher, door to the rear aspect leading to the rear porch and a double glazed window to the rear aspect with fitted blinds.
Rear Porch With space and plumbing for a washing machine, uPVC door to the side aspect and double glazed windows to the rear aspect.
Lounge (6.62m x 3.18m) Well sized and well presented lounge comprising a gas fire and feature surround, ceiling spotlights, carpet flooring, radiator, double glazed window to the front aspect and sliding doors leading to the entrance hall and inner hall.
Inner Hall With carpet flooring, loft access, ceiling spotlights and an airing cupboard.
Bedroom 1 (2.87m x 4.54m) Double bedroom hosting carpet flooring, radiator and a double glazed window to the front aspect.
Bedroom 2 (2.69m x 2.88m) Generously sized and naturally bright double bedroom comprising carpet flooring, fitted wardrobes with sliding mirror door, radiator and a double glazed window to the rear aspect.
Bathroom (1.9m x 2.68m) Hosting a panelled bath with an overhead electric shower, low level WC, vanity unit wash hand basin, fully tiled walls, radiator and a double glazed window to the side aspect.
Garage Single garage with internal power and lighting, double glazed window to the side aspect and an electric up and over garage door to the front aspect.
Gardens The property is positioned beautifully at the bottom off a cul-de-sac with field views and access to field walks.
The front aspect offers off street parking with the approaching driveway a well a partial lawn frontage and communal parking space.
The expansive, private and sun rich rear garden offers a stunning space which is ready to enjoy but also offers a mass amount of potential to extend/enhance this already well sized bungalow.
The rear garden, which also stretches around to the side of the property, is laid mostly to lawn but further offers a timber shed, patio area, secure side gate and a variety of mature and vibrant plants and shrubs.
Tenure Freehold North Kesteven District Council Tax Band C
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 32, Conway Drive, Lincoln
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