2-bedroom semi-detached house · LN10 6RB
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
157 Witham Road is a two-bedroom, semi-detached property built recently by Broadgate Homes.
Well-presented, with large lawned garden and gravelled tandem driveway parking behind, the property enjoys a bright dining kitchen and generous lounge to the ground floor; two bedrooms and bathroom to the first.
The property benefits from solar panels. The property is within convenient walking distance of the shopping; social and educational facilities Woodhall Spa has to offer. LEASEHOLD.
Accommodation - Entered into the front through composite obscure glazed door into: Dining Kitchen - 15'10" x 11' max - With uPVC double glazed window to front, light and spotlights to ceiling and having storage units to base and wall levels and 1 1/2 sink and drainer set to roll edge worktop.
There is a Neff oven and hob beneath extractor, space and connections for upright fridge-freezer and under counter washing machine.
There is a radiator, wood effect flooring, wooden door to cloakroom and to: Lounge - 12'6" x 12'3" - With uPVC double glazed French doors and full height windows to rear and window to side.
There is a radiator; multiple power points and tv point. Cloakroom - With low-level WC, hand wash basin, radiator and wood effect flooring.
First Floor Landing - With loft access hatch, multiple power points, wooden doors to bedrooms and to: Bathroom - 8'8" x 7' max - With uPVC double glazed obscure window to front, spotlights to ceiling and having low-level WC, pedestal sink, bath, separate shower cubicle with board surround.
There is wood effect flooring and radiator. Bedroom 2 - 12'2" x 8'8" max - With uPVC double glazed window to front, radiator and multiple power points.
Bedroom 1 - 12'8" x 12'2" max - With uPVC double glazed windows to side and rear and having radiator, multiple power points and wooden doors to built-in wardrobe space, housing logic gas fired boiler.
Outside - The property is approached over a gravelled drive; leading down the side of the neighbouring property and to the rear, where there are two (tandem) dedicated parking spaces.
A wooden gate accessed the rear garden, laid to lawn with fenced boundaries and a path to the back of the property. There is a further lawned space to the front.
Further Information - East Lindsey District Council – Tax band: B EPC Rating: B ** A shared ownership opportunity with 75% available for purchase and a monthly rent currently at £161pcm on the remainder.
A purchaser may also purchase 100%, but this would be subject to qualifying criteria. Should you buy 100% then the property would become FREEHOLD.
SERVICES: The agents would like to point out that the services of this property have not been checked and this matter is left to the prospective purchaser to make appropriate further enquiries.
VIEWING: By arrangement with the agent's Woodhall Spa Office. 19 Station Road, Woodhall Spa. LN10 6QL. Tel: Email: . Website: Brochure prepared 14.04.2026
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
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FAQ
About 157 Witham Road, Woodhall Spa
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