2-bedroom bungalow · LN3 4JA
For saleReduced £10k (−5.9%) on 29 AugListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the sought after Greenaway Court, positioned within a well maintained development only a short walk away from a wide range of amenities, is this well presented semi detached bungalow.
The property benefits from suitable wheelchair access and a modern central heating boiler with accommodation briefly comprising spacious entrance hallway with large storage cupboard, 17'10 lounge diner with door leading to the rear garden, kitchen, two double bedrooms and large shower room.
Outside the property has a storm porch/covered seating area to the front, and a fully enclosed, low maintenance rear garden.
There is also an adjacent allocated parking space, plus additional visitors parking. Council tax band: A. Freehold.
Entrance Hallway Having a composite front entrance door, a large storage cupboard, a radiator, a coved ceiling, and loft access.
Lounge Diner (18' 0'' x 11' 3'' max (5.48m x 3.43m)) Having an electric coal-effect fireplace with surround, two radiators, a coved ceiling, and a uPVC door leading to the rear garden.
Kitchen (9' 10'' x 8' 10'' (2.99m x 2.69m)) Having a range of matching wall and base units, a single drainer stainless steel sink unit with mixer taps over and tiled splashbacks, built-in eye level oven, gas hob with cooker hood over, space for a fridge and freezer, plumbing for a washing machine, tiled effect vinyl flooring, heated towel rail, wall mounted Baxi combination condensing central heating boiler (installed 2025).
Bedroom 1 (11' 3'' x 11' 0'' (3.43m x 3.35m)) Having a radiator. Bedroom 2 (9' 4'' x 8' 0'' (2.84m x 2.44m)) Having a radiator and a coved ceiling.
Shower Room Having a spacious three-piece suite comprising corner shower cubicle with aquaboard splashbacks and mains-fed shower, pedestal wash hand basin with tiled splashbacks, low-level WC, vinyl flooring, heated towel rail, downlights and extractor.
Outside Rear To the rear of the property is a fully enclosed, low-maintenance garden which is mainly paved patio.
Parking The property benefits from its own allocated parking space in an adjacent parking area and also benefits from additional visitor spaces.
Agents Note Service charges are payable for the maintenance of local communal areas and amount to £106 per quarter. Call for further details.
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 5, Greenaway Court, Lincoln
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