2-bedroom house · DN20 9FR
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown are delighted to offer for sale this mid terrace Keigar home on Wheat Lane, Hibaldstow.
The accommodation briefly comprises of 2 bedrooms and a bathroom to the first floor, whilst downstairs boasts a lounge, kitchen/diner and WC.
Outside the property has off street parking for one vehicle to the front, along with an enclosed garden to the rear.
The property sits in a quiet cul-de-sac position, and viewing is highly recommended! The advertised price of £90,000 is for a share of 60%, with a monthly rent of &pound162.
Service charges: Buildings insurance £94.97 yearly & management fee £9.50 yearly. Leasehold.
Council tax band: A Lounge (13' 9'' x 13' 6'' (4.19m x 4.11m)) Having door to the front aspect, uPVC double glazed window to the front aspect, coved ceiling, radiator and stairs rising to the first floor.
Kitchen/Diner (13' 9'' x 10' 0'' max (4.19m x 3.05m)) Having uPVC double glazed windows and door to the rear aspect, radiator, coved ceiling, ceiling spotlights, a range of wall and base units with work surfaces over, inset sink and drainer unit, gas central heating boiler and space/plumbing for white goods.
Downstairs WC (2' 9'' x 4' 8'' (0.84m x 1.42m)) Having uPVC double glazed window to the rear aspect, WC, wash hand basin, radiator and coved ceiling.
First Floor Landing Having loft access and storage cupboard. Bedroom 1 (13' 9'' x 8' 4'' (4.19m x 2.54m)) Having uPVC double glazed window to the rear aspect and radiator.
Bedroom 2 (6' 9'' x 13' 6'' (2.06m x 4.11m)) Having uPVC double glazed window to the front aspect and radiator.
Bathroom (6' 3'' x 5' 6'' (1.90m x 1.68m)) Having uPVC double glazed window to the front aspect, panelled bath with shower over, wash hand basin, WC and radiator.
Outside Front Having off street parking for one car and a small lawned garden. Outside Rear The enclosed rear garden has a patio area and Astroturf.
Agents Note Share Currently Owned - 60% with a monthly rent of £162. Service charges: Buildings insurance £94.97 yearly & management fee £9.50 yearly.
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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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 15, Wheat Lane, Brigg
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