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 · LN3 5SU
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
22 Horncastle Road, Bardney, Lincoln, LN3 5SU A Well-Presented Two-Bedroom Shared Ownership Bungalow in a Popular Village Setting Situated within the ever-popular village of Bardney, this well-maintained two-bedroom semi-detached bungalow offers an excellent opportunity to enjoy comfortable single-storey living through a 50% shared ownership scheme with Acis, with the option to staircase ownership up to 75%.
Offered to the market with no onward chain, the property is ideal for those seeking an affordable route into home ownership in a desirable village location.
The accommodation has been thoughtfully arranged to provide practical and easy-to-maintain living space throughout.
A welcoming living room offers plenty of room to relax and entertain, while the fitted kitchen provides ample storage and workspace for everyday living.
Two well-proportioned bedrooms offer flexibility for guests, hobbies or a home office, and are served by a modern shower room.
Outside, the property benefits from a pleasant enclosed garden, providing an ideal space to enjoy the outdoors with minimal maintenance.
A garage and allocated parking space offer secure parking and additional storage, enhancing the practicality of the home.
Located within the thriving village of Bardney, residents enjoy access to a range of local amenities, scenic countryside walks and excellent transport links to Lincoln and the surrounding villages, making this a wonderful place to call home.
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.
LIN260441/8 Hall Composite side entrance door, loft access, cupboard housing gas combination boiler, radiator. Lounge (5.23m x 3.16m) UPVC double doors to rear aspect, electric fire, radiator.
Kitchen (2.9m x 2.68m) Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, electric oven with 4 ring gas hob and stainless steel extractor hood fitted over, double glazed window to rear aspect, one and a half bowl stainless steel sink unit with drainer and mixer tap over, space and plumbing for appliances, radiator.
Bedroom 1 (3.59m x 3.16m) Double glazed window to front aspect, fitted wardrobes, radiator. Bedroom 2 (2.59m x 2.62m) Double glazed window to front aspect, radiator.
Shower Room (2.1m x 1.68m) Comprising of shower cubicle, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, shaving point, radiator.
Garage (5.71m x 2.83m) Electric up and over door, power and lighting. Parking bay is located in front of the Garage.
Outside The rear garden is mainly laid to lawn and is fully enclosed by fencing with a gate leading to the garage which is in a block. Agents Note Leasehold - 125 years from 01/04/2006.
Service charge - £13.48 per calendar month. Building insurance - £6.31 per calendar month. Management fee - £2.70 per calendar month. Rent Payable (based on 50% share) - £320.81 per calendar month.
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
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 22, Horncastle Road, Lincoln
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