Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · LN6 8JH
For saleListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
65 Harewood Crescent, North Hykeham, Lincoln, LN6 8JH Spacious Two-Bedroom Detached Bungalow | Attractive Plot | Modern Method of Auction Situated in a sought-after residential area of North Hykeham, this spacious two-bedroom detached bungalow occupies a pleasant and generous plot and offers an excellent opportunity for buyers seeking a home full of potential.
Attractively priced and offered for sale via the Modern Method of Auction, the property is ideally suited to investors, downsizers, or purchasers looking to personalise and add value in a highly desirable location.
The bungalow offers well-proportioned accommodation throughout and benefits from a nice plot, providing scope for enhancement or reconfiguration (subject to the necessary consents).
Its detached nature and single-storey layout make it particularly appealing to those seeking long-term, low-maintenance living. The location is a real highlight.
North Hykeham remains one of Lincoln’s most popular areas, and the property is conveniently positioned close to The Forum Shopping Precinct, offering easy access to a range of shops, amenities, and everyday services.
Transport links and local facilities are also readily accessible, making this a practical yet desirable place to live. Freehold/North Kesteven District Council-Band B/EPC Grade tbc.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
LIN250780/8 Auctioneer Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated) Entrance Hall UPVC front entrance door, radiator.
Lounge (4.86m x 3.72m) Double glazed window to front aspect, radiator. Inner Hall Having loft access, storage cupboard & airing cupboard off.
Kitchen-Diner (5.1m x 2.93m) Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, sink with drainer and mixer tap over, space and plumbing for appliances, two double glazed windows to side aspect, double glazed window to rear aspect, uPVC rear door, radiator.
Bedroom 1 (3.56m x 2.8m) Double glazed window to rear aspect, fitted wardrobes, radiator. Bedroom 2 (3.32m x 2.17m) Double glazed window to side aspect, radiator.
Bathroom (1.84m x 2.19m) Three piece suite comprising of panelled bath tub with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, radiator.
Garage Having manual up and over door, power and lighting. Outside Sat on a generous plot with lawn to the front and rear.
There is also a large driveway to the side of the property which leads to the front of the garage providing ample off street parking.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
Area
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FAQ
About 65, Harewood Crescent, Lincoln
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