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See how verdicts work2-bedroom terraced house · LN5 9LA
Listing removedListed 361 days
Opportunity summary
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About
BEAUTIFULLY PRESENTED TWO BEDROOM END TERRACE COTTAGE – IDEAL FOR FIRST TIME BUYERS OR INVESTORS Kinetic Estate Agents are delighted to present for sale this charming and well-maintained two-bedroom end terrace cottage located in the heart of the ever-popular village of Bassingham.
Offering a perfect blend of character and contemporary living, this lovely home is ideally suited for first-time buyers, investors, or those looking to downsize, and NO ONWARD CHAIN.
Positioned close to local amenities — including The Five Bells pub and the village convenience store — this property enjoys an excellent semi-rural location with great transport links to both Lincoln and Newark.
What Kinetic Estate Agents Loves About This Property Nina Sharpe (Sales & Lettings Director): “This property is full of charm and warmth — the log burner in the lounge and the peaceful garden make it an absolute delight for anyone wanting a quiet village lifestyle.” Rob Webb (Director): “I love how well-kept it is.
It’s move-in ready, perfectly balanced in space, and sits in one of Bassingham’s most convenient spots near the pub and local shop.” Charley Moreton (Sales Executive): “It’s ideal for first-time buyers or downsizers — low maintenance, well-finished, and beautifully positioned in this lovely, sought-after village.” Step Inside Step through the front door straight into the welcoming lounge (4.95m x 4.13m max), a bright and characterful space featuring luxury vinyl tile flooring, two windows to the front and side aspects, a feature fireplace with inset multi-fuel burner, radiator, understairs storage, and stairs rising to the first floor.
A door leads through into the modern kitchen/diner (5.57m x 1.84m max) , fitted with a range of matching wall and base units, breakfast bar, and tiled splashbacks.
The kitchen is equipped with integrated appliances including a dishwasher, washing machine, fridge, freezer, and electric oven with hob and extractor above.
The room enjoys LVT flooring, two side windows, radiator, and a rear door leading out to the garden.
Upstairs, the landing has fitted carpet, loft access, and leads to both bedrooms and the family bathroom.
Bedroom One (4.55m x 3.33m) is a spacious double, featuring two radiators, window to the front aspect, two built-in wardrobes, and a useful storage cupboard above the stairs.
Bedroom Two (3.05m x 2.50m) is another good-sized room with fitted carpet, radiator, and window overlooking the rear garden.
The family bathroom is finished to a high standard with tiled flooring and walls, featuring a three-piece suite comprising a panelled bath with shower over, vanity hand basin, WC, chrome heated towel rail, extractor fan, spotlights, and window to the rear aspect.
To the rear, the property offers a fully enclosed garden, bordered by fencing and mature hedging for privacy.
The garden is mainly laid to lawn, with a large hardstanding area at the far end — ideal for a shed or outdoor seating area. There’s also side access for bins and convenience.
Parking is available on-street to the front of the property.
Life at Water Lane, Bassingham Set in the picturesque and highly regarded village of Bassingham, this property offers the perfect balance between rural charm and practical living.
The village benefits from a range of local amenities, including the Five Bells pub, spa/convenience store, primary school, doctor’s surgery, village hall, and sports facilities.
Bassingham is ideally located between Lincoln and Newark, offering excellent road connections to the A46 and A1, as well as easy access to Newark Northgate Station for direct trains to London.
Material Information Part A – Key Facts Tenure: Freehold Council Tax Band: A (North Kesteven District Council) Property Type: Semi-detached cottage Bedrooms: Two Bathrooms: One family bathroom Parking: On-street parking Garden: Enclosed rear garden with lawn and patio area Part B – Utilities & Services Electricity: Mains Water Supply: Mains (Anglian Water, metered) Drainage: Mains Glazing: uPVC double glazing Broadband: Superfast broadband available Mobile Coverage: Good across all major networks Part C – Other Relevant Factors EPC Rating: E Flood Risk: Very Low (Environment Agency mapping) Rights & Easements: None known Covenants: None known Planning Permissions: None currently affecting the property Accessibility: Standard two-storey access Construction: Traditional brick build Disclaimer These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract.
Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves.
We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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