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 work2-bedroom house · DN37 7EU
Listing removedReduced £9.9k (−6.6%) on 21 JunListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now available to market is this deceptively spacious and ideally located semi-detached bungalows that offers huge potential and a uniquely expansive plot.
Nestled within a quiet and peaceful village cul-de-sac, this well placed property is close to the centre of Laceby village, boasting easy access and walking distance to a wide spectrum of local amenities including shops, takeaways and hairdressers.
The bungalow itself is generous in proportions, offering an extensive, open plan lounge diner, two dual aspect bedrooms, a modern shower room with double width.
Walk in shower and a compact fitted kitchen.
The bungalow also boasts a conservatory to the rear of the property which is an excellent place to unwind and enjoy a superb vantage of the surrounding garden.
Offering opportunities for modernisation, the property is none the less neutrally presented, warm and welcoming throughout and enjoys some advantages already, including PVC double glazing and gas central heating throughout.
One of the property's most impressive features however is its large corner plot which surrounds it with pleasant garden space that any buyer could utilise for a wide variety of purposes from leisure to play.
The frontage offers a generous drive that can accommodate multiple vehicles and leads to a detached garage situated at the side of the property.
This incredible bungalow offers a wealth of opportunity for any prospective buyer and could make a suitable forever home or first time purchase alike.
This agent would highly recommend internal viewings to full appreciate the potential on offer.
Lounge (3.96m x 3.34m (13' 0" x 10' 11")) Dining Room (3.34m x 3.2m (10' 11" x 10' 6")) Kitchen (2.93m x 2.02m (9' 7" x 6' 8")) Bedroom 1 (3.82m x 3.73m (12' 6" x 12' 3")) Bedroom 2 (3.34m x 2.76m (10' 11" x 9' 1")) Conservatory
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
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FAQ
About 7, St Margarets Close, N E Lincs
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