3-bedroom bungalow · LN4 3UF
Listing removedListed 77 days
Opportunity summary
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About
Starkey&Brown are delighted to offer for sale this immaculately presented three-bedroom detached bungalow, ideally positioned within the popular village of Metheringham.
Having been fully refurbished by the previous owners, with the current owner carrying out further upgrades and improvements, this impressive home is presented in turn-key condition throughout, allowing the next owners to simply move in and enjoy.
The accommodation briefly comprises a welcoming entrance hall leading into a contemporary kitchen/diner, offering excellent worktop and storage space and providing a practical and sociable space for everyday living.
To the front aspect of the property is a beautiful lounge, providing a bright and comfortable principal living space.
There are three well-proportioned bedrooms, together with a stunning modern four-piece suite family bathroom, finished to a high standard.
Externally, the rear garden is private and enclosed and predominantly laid to lawn, complemented by a patio seating area, creating the perfect setting for outdoor dining, entertaining or simply relaxing.
To the front there is a driveway providing off-street parking, together with a single garage featuring an electric door, offering secure parking or useful additional storage.
Further benefits include gas central heating and full uPVC triple glazing throughout.
Wesley Close is ideally positioned within the highly regarded village of Metheringham, which offers an excellent range of local amenities including a Co-op supermarket, independent shops, schools, doctors’ surgery, pharmacy and regular bus and rail services providing convenient access towards Lincoln and surrounding areas.
The village also offers a strong community atmosphere while being approximately a short drive from Lincoln city centre. Council tax band: C. Freehold.
UPVC Composite Door Leading Into: Entrance Hall Laminate flooring, a radiator, and access into: Living Room (15' 3'' x 14' 4'' (4.64m x 4.37m)) Having a uPVC window to the front aspect, carpeted, a radiator, and LED lighting.
Kitchen Diner (17' 11'' x 9' 11'' (5.46m x 3.02m)) Having a range of matching wall and base units with countertops, a stainless steel sink with mixer tap, four-ring gas hob with overhead extractor fan, space and plumbing for a washing machine and a tumble dryer, integrated electric double oven, space and plumbing for a fridge freezer, uPVC triple-glazed windows to the front and side aspects, uPVC doorleading to the side, laminte flooring and a radiator.
Bedroom 1 (12' 0'' x 11' 11'' (3.65m x 3.63m)) Having a uPVC triple-glazed window to the rear aspect, carpeted, a radiator, a coved ceiling, and wardrobes.
Bedroom 2 (10' 0'' x 9' 11'' (3.05m x 3.02m)) Having a uPVC triple-glazed window to the rear aspect, carpeted, a radiator, and a coved ceiling.
Bedroom 3 (8' 11'' x 7' 11'' (2.72m x 2.41m)) French doors to the rear, laminate flooring and a radiator.
Bathroom (9' 0'' x 8' 1'' (2.74m x 2.46m)) Four-piece suite comprising low-level WC, wash hand basin with under storage, panelled bath with hand-held shower, walk-in shower cubicle, tiled walls, frosted triple-glazed windows to the rear aspect and a mirror cabinet with storage.
Outside Front Block paved driveway and stone-laid area which can be utilised as additional parking. Access to garage. Garage Having an electric roller door, power, and electrics.
Outside Rear Mostly laid to lawn with patio seating area, a timber-built shed, side access and a fully fenced surround. Agents Note Upgrades done by the current owner. New windows fitted in 2021.
The kitchen is from Wren Kitchen, fitted in 2022. Bathroom fitted in 2021. The boiler was fitted in 2021 and serviced annually.
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 31, Wesley Close, Lincoln
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