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See how verdicts work3-bedroom bungalow · LN7 6LH
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a quiet cul-de-sac in the sought-after village of North Kelsey, with local amenities including a primary school, public house, and village hall.
The property is situated approximately 4 miles from Caistor and is therefore within the catchment area for the highly regarded Caistor Grammar School.
The property itself benefits from a large stone-pebbled driveway providing ample off-road parking, a single garage and secure rear gardens with well-maintained lawns.
Internally, the accommodation comprises an Entrance Porch, Hallway, Living Room, three Bedrooms (with one offering potential for use as a dining room), Kitchen, Bathroom and Conservatory.
Viewing is highly recommended. LOCATION North Kelsey is a village and civil parish in the West Lindsey district of Lincolnshire.
The village is situated 4 miles west from Caistor and 19 miles north-east from the Lincoln. There is a village hall, primary school and a public house the Butcher's Arms.
PORCH 4' 3" x 3' 3" (1.3m x 0.99m) With tiled flooring, radiator and uPVC double glazed frosted door to the side elevation opening into the hallway.
HALL With carpet throughout, radiator, doors leading off and an airing cupboard with a radiator.
LIVING ROOM 17' 3" x 11' 11" (5.26m x 3.63m) With carpet throughout, radiator, integrated multi-fuel log burner and uPVC double glazed bay window to the front elevation.
KITCHEN 11' 5" x 11' 11" (3.48m x 3.63m) With tiled flooring throughout, radiator, fitted with a range of wall and base units, integrated electric oven, integrated gas hob with extractor fan over, integrated stainless steel sink with drainer, small island, boiler location and uPVC double glazed window overlooking the conservatory.
CONSERVATORY 10' 6" x 11' 11" (3.2m x 3.63m) With tiled flooring throughout, uPVC double glazed windows surrounding the conservatory overlooking the rear elevation and two uPVC double glazed doors leading to the rear garden.
BEDROOM 1 11' 1" x 10' 10" (3.38m x 3.3m) With carpet throughout, radiator and uPVC double glazed window to the front elevation.
BEDROOM 2 9' 4" x 7' 9" (2.84m x 2.36m) With carpet throughout, radiator and uPVC double glazed window to the side elevation.
BEDROOM 3 / DINING ROOM 9' 3" x 10' 10" (2.82m x 3.3m) With carpet throughout, radiator and uPVC double glazed window to the rear elevation.
BATHROOM 5' 7" x 8' 5" (1.7m x 2.57m) With laminate wood flooring throughout, low level WC, wash hand basin, walk-in shower and uPVC double glazed frosted window to the side elevation.
OUTSIDE The front of the property consists of a well-maintained lawn with a long, spacious stone-pebbled driveway providing multiple spaces for off-road parking.
There is also access down both sides of the property leading to the rear garden and single garage.
The rear of the property consists of a well-maintained and secure lawned garden with a garden shed, summer house and a single garage. The garden also features a variety of plants and shrubs.
GARAGE 19' 8" x 10' 2" (5.99m x 3.1m) With up and over door to the front.
Value & comps
No previous sales on record.
Returns
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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.
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About Patricks Close, North Kelsey
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