3-bedroom detached house · LN13 9PU
Sold STCListed 339 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This once quite grand three bedroom house sits on a large plot of 0.22 acres set to gardens to both the side and rear and requires full renovation to once again provide a sizeable family home.
With three reception rooms and double height central hallway, two bathrooms, one to each floor, and a large garage/workshop and driveway, the property benefits from gas central heating and has mostly wooden windows.
Located in a popular village location and within easy walking distance of the local shop, Post Office and filling station, this property is brought to the market with no onward chain and is crying out for a new lease of life from a keen renovator/developer!
Front Of Property - With block paved driveway to the right of the property leading to the detached garage/workshop, area of lawn to the front of the property, concrete pathways leading to the front and side porches, external lighting and boundaries of hedging and fencing.
Front Porch - With wall lighting and wooden external door and window.
Living Room - 4.1m x 6.1m (13'5" x 20'0") - Dual aspect room with floating chimney breast wall with fire, hearth and built-in shelving to one side, wall lighting, two radiators, carpeted flooring, internal glazed door to the front porch and wooden windows with secondary glazing to the front and side of the property.
Dining Room - 4.1m x 3.7m (13'5" x 12'1") - With electric fire and mantle, full height built-in storage cupboards, carpeted flooring and wooden window with secondary glazing to the front of the property.
Internal Hallway - Double height central hallway with gallery staircase and landing, wooden window with secondary glazing to the rear garden, radiator and carpeted flooring.
Office Room - 3.4m x 2.4m (11'1" x 7'10") - Dual aspect room with radiator, carpeted flooring and wooden windows with partial secondary glazing.
Ground Floor Shower Room - With WC, shower cubicle, wash basin vanity unit, tiled walls, towel rail, carpeting flooring and wooden window with obscured glazing.
Kitchen - 5.2m x 2.0m (17'0" x 6'6") - Dual aspect room with a range of wall and base units, eye level oven, electric hob with extractor over and cooker socket, sink with two bowls, central mixer tap and two draining boards, wall hung central heating boiler and boiler controls, high-level cupboard containing fuse box, radiator, tiled walls, carpeted flooring, wooden windows to the side and rear and internal half-glazed door to entrance porch.
Side Entrance Porch - Dual aspect porch with vinyl flooring, wooden windows and external door.
Gallery Landing - 3.4m max x 2.7m max (11'1" max x 8'10" max) - Elaborate central gallery landing with loft access, walk-in storage cupboard, carpeted flooring, partially vaulted ceilings and wooden dormer window with secondary glazing.
Bedroom One - 4.1m x 4.4m (13'5" x 14'5") - Dual aspect room with chimney breast wall, radiator, partially vaulted ceilings, carpeted flooring, uPVC double glazed dormer window and further uPVC double glazed window to the side.
Bedroom Two - 3.8m x 4.0m (12'5" x 13'1") - With radiator, partially vaulted ceilings, carpeted flooring and uPVC double glazed dormer window.
Bedroom Three - 3.7m x 3.6m max (12'1" x 11'9" max) - Dual aspect room with radiator, partially vaulted ceilings, carpeted flooring, wooden dormer window and views over the rear garden and further wooden window to the side.
Bathroom - 3.4m x 3.1m (11'1" x 10'2") - With WC, bath, wash basin vanity unit, full wall of built-storage cupboards.
radiator, tile walls, vaulted ceilings, carpeted flooring and wooden window with secondary glazing to the side.
Garden - With the plot extending to 0.22 acres, the large gardens are set to lawns with large amounts of overgrowth, a variety of mature trees, bushes and fruit trees with boundaries of hedging and fencing.
Garage Workshop - Large garage workshop with two sliding doors, power, lighting and concrete floor. Additional Notes - A planning consultation has been conmissioned in respect of the site.
Inspection of this appraisal is held at our offices and can be provided on request. Tenure And Possession - The property is Freehold with vacant possession upon completion.
Services - We understand that mains gas, electricity, water and drainage are connected to the property.
Gas is assume available at the property however appears to be capped off, with the meter removed. Buyers should make their own enquiries to ensure availability of supply.
Local Authority - Council Tax Band 'C' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Energy Performance Certificate - The property has an energy rating of E.
The full report is available from the agents or by visiting Reference Number: 9390-2060-2590-2495-2625 Directions - From the main A16 between Louth and Boston, at the Ulceby Cross roundabout take the A1104 towards the town of Alford.
Travel through Alford leaving the town towards Sutton-on-Sea on the A1111 toward the village of Bilsby. Travel through the village and after the filling station turn right onto Thurlby Road.
The property can be found on the left after 35m. What3words///flocking.described.silence Viewing - Viewing is strictly by appointment with the Alford office at the address shown below.
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 Thurlby Road, Bilsby, Alford
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