3-bedroom bungalow · LN4 3HF
For saleReduced £10k (−4%) on 19 JulListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the popular village of Metheringham, this extended three-bedroom detached bungalow is ideally positioned within walking distance of local amenities, including shops, the doctor's surgery, Metheringham train station and the village school.
The property further benefits from gas central heating, uPVC double glazing, and is offered for sale with no onward chain, making it an excellent opportunity for a hassle-free move.
The accommodation comprises an entrance hall with office space, a spacious lounge, kitchen diner, conservatory, wet room, and three well-proportioned bedrooms, offering flexible living space to suit a variety of needs.
Externally, the property features a private driveway providing off-road parking and further on-street parking leading to a single integral garage.
To the rear is a fully enclosed garden, predominantly laid to lawn, with a patio seating area and garden shed.
Entrance Hall (9'8" x 7'4" (2.95m x 2.24m)) With a window to the side aspect and entrance door. Lounge (16'4" x 10'11" (4.98m x 3.33m)) With a window to the front aspect and radiator.
Kitchen Diner (16'4" x 9'5" (4.98m x 2.87m)) With a window and door to the side aspect.
Fitted with a range of wall and base units with worktops over, sink with drainer unit, space and plumbing for washing machine and dishwasher, four ring electric hob and single oven.
Office (8'4" x 6'7" (2.54m x 2.01m)) With opening to the hallway and radiator. Bedroom One (12'11" x 9'11" (3.94m x 3.02m)) With a window to the conservatory and radiator.
Bedroom Two (14'0" x 9'10" (4.27m x 3m)) With a window to the rear aspect and radiator. Bedroom Three (11'6" x 8'4" (3.51m x 2.54m)) With sliding doors to the conservatory and radiator.
Conservatory (15'0" x 8'0" (4.57m x 2.44m)) With sliding doors leading to the rear aspect.
Wet Room (6'4" x 5'11" (1.93m x 1.8m)) With a window to the side aspect, low level wc, wash hand basin, shower and radiator.
Garage (16'4" x 8'7" (4.98m x 2.62m)) With a window door to the side aspect, door leading to the hallway, up and over door, power and lighting.
Outside To the front of the property is a low maintenance graveled garden with driveway providing off-street parking. To the rear is an enclosed garden mostly laid to lawn with pathway and shed.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 20, Caroline Road, Metheringham
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