2-bedroom bungalow · LN2 3BP
Listing removedListed 216 days
Opportunity summary
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About
Nestled in the ever-popular village of Welton, this well-proportioned detached bungalow occupies a corner plot and offers comfortable, single-level living.
The property features gas central heating (boiler installed in 2023), uPVC double glazing, and well-maintained accommodation throughout.
Inside, a spacious entrance hallway with a useful cloak cupboard leads to a 17'3" lounge diner with sliding patio doors opening into a bright conservatory with a recently refitted roof in 2025.
The kitchen measures 9'4" and provides practical space for everyday use, while two double bedrooms and a modern shower room complete the layout.
Outside, the property enjoys a pleasant and established rear garden, a driveway, and a larger-than-average brick-built garage to the side.
The sought-after village of Welton offers an excellent range of amenities including a well-regarded primary school and the renowned William Farr secondary school, a Co-op store, local pubs and eateries, a medical practice, and a regular bus service.
The village also provides easy access to Lincoln and nearby transport links, making it a convenient and desirable place to live. Council Tax Band: B Tenure: Freehold.
Entrance Hallway Having part glazed front entrance door, large cloak cupboard, radiator and dado rail.
Lounge Diner (17' 3'' x 10' 8'' min (5.25m x 3.25m)) Having coal effect gas fireplace with marble effect hearth and inset and wooden surround, radiator, downlights and sliding patio door leading into: Conservatory (7' 10'' x 7' 8'' (2.39m x 2.34m)) Having ceramic tiled floor, wall lights and sliding patio door overlooking the garden.
Newly fitted conservatory roof in 2025.
Kitchen (9' 4'' x 7' 10'' (2.84m x 2.39m)) Having a modern range of matching wall and base units, single drainer stainless steel sink unit with mixer taps over, electric cooker point with cooker hood over, space for fridge, plumbing for washing machine and wall mounted Worcester Bosch combination condensing central heating boiler (installed 2023).
Bedroom 1 (13' 10'' to back of wardrobes x 10' 0'' (4.21m x 3.05m)) Having a range of fitted wardrobes and radiator. Bedroom 2 (8' 10'' x 8' 10'' (2.69m x 2.69m)) Having radiator.
Shower Room Having 3 piece suite comprising corner shower cubicle with electric shower appliance, pedestal wash hand basin, low level WC, ceramic tiled floor, heated towel rail, part tiled walls, electric shaver point and extractor.
Outside Front To the front of the property there is a lawned garden with a number of plants and shrubs, outside lighting, driveway leading to side, garage and cold water tap.
Gate at side leading to rear garden. Garage (18' 9'' x 9' 8'' (5.71m x 2.94m)) Having up and over door, power and light.
Outside Rear To the rear of the property there is an enclosed and established garden offering an excellent degree of privacy and comprising lawn with paved patio area, a wide variety of flowers, plants, shrubs and trees, outside lighting.
Gate leading to driveway and garage.
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
Agent & docs
FAQ
About 2, Gorehall Drive, Lincoln
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