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See how verdicts work3-bedroom bungalow · LN5 9QP
Listing removedListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-positioned three bedroom detached bungalow, occupying a pleasant corner plot within this popular residential area of Waddington.
The property provides an excellent opportunity for those seeking single storey living in a quiet and established location.
The internal accommodation briefly comprises of an entrance hallway, spacious lounge, kitchen diner, three bedrooms and a family bathroom.
LOCATION Waddington is one of the popular cliff villages to the South of Lincoln.
The village itself offers a wide range of local amenities including schools, shops and public houses and there are regular bus services into Lincoln and Grantham.
ENTRANCE HALL Accessed via a UPVC door with frosted glazing, a built-in storage cupboard and access to all rooms and the loft.
LOUNGE 12' 8" x 10' 6" (3.86m x 3.2m) With UPVC double glazed windows to the front and side aspects, allowing plenty of natural light, a log burner set within a fireplace, radiator and herringbone-effect flooring.
KITCHEN/DINER 16' 9" x 9' 2" (5.11m x 2.79m) A modern fitted kitchen with a range of wall and base units, incorporating a sink with mixer tap, gas hob with extractor over and eye level electric oven, spaces for fridge freezer, washing machine, dishwasher and tumble dryer, herringbone-effect flooring, tiled splashbacks and UPVC double glazed windows to the front and side aspects, along with a frosted UPVC door providing access to the rear garden.
BEDROOM 1 22' 4" x 12' 1 max" (6.81m x 3.68m) With UPVC double glazed windows and radiator. BEDROOM 2 13' 2" x 10' 2" (4.01m x 3.1m) With UPVC double glazed window and radiator.
BEDROOM 3 10' x 9' 5" (3.05m x 2.87m) With UPVC double glazed window and radiator.
BATHROOM Recently updated with a modern suite comprising of a bath, WC and wash hand basin with vanity storage, tiled splashbacks, LVT flooring, chrome heated towel rail, extractor and frosted UPVC double glazed window.
OUTSIDE To the rear of the property there is a low maintenance garden. The garden is enclosed by fencing and planted borders and benefits from an outside tap and side access via a gate.
There is also a useful outside store room with power and a side window offering additional storage or workspace.
To the front the property benefits from off street parking for multiple vehicles alongside a low maintenance garden.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About Somerville Close, Waddington, Lincoln
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