3-bedroom bungalow · LN2 3DU
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description An immaculately presented detached bungalow which was constructed in 2021 by Beale Homes and is located in the much sought after and well served village of Welton.
The property comprises of an entrance hall, living room, fitted kitchen with integrated appliances, master bedroom with en-suite, two further bedrooms and a family bathroom.
Outside to the front is a driveway which leads to a car-port, and to the rear is a pleasant enclosed rear garden with patio with a veranda, lawn, garden shed and gazebo perfect for outside living.
Accommodation Entrance Hall Entrance door and double glazed windows to side, airing cupboard, loft access, radiator.
Living Room Double glazed windows and French doors opening to rear garden, radiator.
Kitchen Double glazed window to rear, one and a half drainer sink, preparation work tops, matching base and eye level storage units, integrated hob with extractor over, integrated oven, fridge freezer and dishwasher, radiator.
Bedroom One Double glazed window to front, fitted wardrobes, radiator. En-Suite Walk in shower cubicle, WC, pedestal wash basin, heated towel rail, tiled flooring and walls.
Bedroom Two Double glazed window to front, radiator. Bedroom Three Double glazed window to front, radiator.
Bathroom Double glazed window to side, WC, pedestal wash basin, bath with wall mounted shower unit over and glazed shower screen, heated towel rail, tiled flooring and walls.
Outside To the front, the property is attractively set back behind a neat lawn and a smart block-paved driveway, leading to a covered car port and complemented by the convenience of an electric vehicle charging point.
Gated side access opens into the delightful rear garden, thoughtfully arranged for both relaxation and entertaining.
A paved patio sits beneath an inviting veranda, creating a perfect sheltered space, while a stylish gazebo provides an additional spot for al fresco living.
The garden is beautifully balanced with areas of decorative gravel and lawn, alongside a large shed for storage and a practical outdoor tap, all combining to create a versatile and enjoyable outdoor retreat.
Location Welton boasts a plethora of amenities including a doctors, vets, dentists, Co-op, newsagents, café, the Black Bull public house, a variety of takeaways, golf course, sports and social club, and a regular bus service to Lincoln.
It also has excellent schools in Welton St Marys Primary School and the highly regarded William Farr secondary school.
Other COUNCIL TAX BAND Band C BUYER IDENTITY CHECK Please note that prior to acceptance of any offer, Brown&Co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
Value & comps
No previous sales on record.
Returns
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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 Reed Lane, Welton, Lincoln, Lincolnshire, LN2 3DU
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